Great news:


For the three months ended June 30, 2012 ("Q2 2012"), the Company reported revenues of $1,466,650 compared to $533,524 for the same three-month period of 2011 ("Q2 2011") representing an increase of 275%. RealW8™ accounted for $1,289,410 of sales in Q2, representing 86% of total revenues. For the six months ended June 30, 2012 revenues were $2,340,922, representing an increase of 113% over revenues of $1,101,312 for the comparable period of 2011.

The consolidated comprehensive loss of $21,813 for Q2 2012 (which included $64,212 of non operating expenses) was significantly less as compared to $392,992 for Q1 2011. The increased revenues and reduced comprehensive loss was directly attributable to the Company's strong network growth in the reporting period. For the six months ended June 30 2012 and 2011, the comprehensive loss was $291,416 and $1,376,476 respectively.

Gross margins increased dramatically in 2012. In Q2 2012 gross profit was $1,141,247 (or 78%) compared to $313,953 (or 59%) for the comparable period of 2011. This is a direct result of improved margins from RealW8™ and improvements and efficiencies in the supply chain. Gross margin for the six-month period ended June 30, 2012 was $1,789,572 (or 89%) compared to $601,713 (or 55%) for the same period of 2011."