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Article: Connectyx Technologies Holdings Group, Inc. Increases Margins to 87% and Reduces Expenses by 10% for the YTD 2009 Versus YTD 2008.
- Article from:
- PR Newswire
- Article date:
- November 5, 2009
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Company Posts Unaudited Financials on Pink Sheets
PALM CITY, Fla., Nov. 5 /PRNewswire-FirstCall/ -- Connectyx Technologies Holdings Group, Inc. (Pink Sheets: CTYX) announced that the Company has posted its unaudited financial statement for the third quarter of 2009 on Pink Sheets. The Company decreased its net loss by approximately $100,000 for the YTD 2009 as compared to the YTD 2008 despite a decrease in Revenues of $29,883. This is because Connectyx was able to reduce its expenses by nearly $60,000 while increasing its gross margin to 87% from the 64% gross margin it had for the same period in the previous year. The Company continues to decrease expenses for ...
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