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  • jerikahli jerikahli May 18, 2010 10:29 PM Flag

    Nexaira Wireless, Inc. (OTC: NXWI) is a rocking stock... I am surely buying them......

    As the company is in development stage it earned the total revenue of $0.51 million as per its latest financial statements ending on January 31st, 2010. Though the company reported net loss as of $1.14 million as its direct expenses only accumulated to $1.55 million still the NXWI has showed a lot of improvement as it has reduced its direct expenses by 82.16% as compared to quarter ended on October 31st, 2009 at which point operating expenses stood at $8.69 million.
    Its total assets accumulate up to $2.17 million as on January 31st, 2010. Fixed assets happen to have the highest proportion in composition of company’s total assets as the intangible net assets amount to $1.11 million as per its latest financial statements.

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