Reply to "Auxilio Loses another 1.6 million"

Art Post (Guest)

Get this, I'm in the elevator with a VP from Auxilio, and what do you think I asked him? I asked "When do you think your company will start turning a profit"? His answer was "We don't have to turn a profit", and he then went on to explain that the cost of implemented new contracts had a huge upfront cost and hinted that they would continue not be profitable for sometime and need some of the existing contracts to mature. With that he also stated that they will have a huge press release in a matter of days. He also stated that they have unlimited resources, I guess that was inreference to financing.

We'll have to wait and see this play out.

Art

5/25/129:45 PM

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