Earnings?
Or perhaps it should have been described as "lack of earnings."

Wayne presented earnings (?) tonight and they were great..... if you are short the stock.

Sales for the 3rd quarter? 71.3 mil, down 8.6% from Q3 2008.
Earnings (?) 9.2 mil loss. Nice. They only lost 12 million for all of last year.


From this Wayne says:

"We are encouraged that more new Associates are choosing to continue experiencing the value and quality of Mannatech products, demonstrated by our ongoing finished product orders. Many new Associates have reached the designation of regional, national and executive director in the last few months."

“Each quarter we are making significant strides in the ongoing evolution of our business. In the third quarter we opened four new markets – Austria, the Netherlands, Norway and Sweden. In addition, we launched our Essential Source™ Omega-3 product with more product introductions scheduled for the fourth quarter. And we introduced the most complete package of marketing and business tools for Associates in our history, including DVDs and business building techniques.”


I hate to mention it.... wait, that's not true, I like to be the one to mention it. The clock is ticking. You can only lose so much, then your cash is gone, and it's over. Burn baby burn!

Great quarter! Will there be another one. And I don't mean another "great" quarter, I mean will the company be around to report another quarter?