Published in Lab Business Week, May 21st, 2006
As disclosed in the company's 8-K filed on December 5, 2005, Lancer Orthodontics' financial statements will no longer be consolidated with Biomerica's financial statements, effective December 1, 2005. This announcement is for the first quarter that Biomerica has reported its financial statements on a stand-alone basis, unconsolidated from the financial statements of Lancer.
Biomerica reported stand-alone-results of diagnostic net sales of $998,070 for the third quarter ended February 28, 2006, compared to stand-alone results of diagnostic net sales of...
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