Investor Relations Overview
Braintech Inc. is a leading developer of vision-guided robotic software and peripherals for the industrial, consumer and service, and government and defense markets. The company is publicly traded on the OTC BB as BRHI.
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CEO Address - 2008 Q1 Report
May 14, 2008
To The Shareholders of Braintech Inc.:
Today we filed our 2008 First Quarter Financial Results and I am pleased to announce that we are reporting an Operating Profit for the three months ended March 31, 2008 of approximately $21,000. Even better, we are reporting a positive Operating Cash Flow of approximately $372,000 for the first three months of 2008.
I realize these numbers are not large, but they do signify a trend that we will make every effort to continue and grow. Comparably, our operating history has reported quarter over quarter operating losses and negative cash flows. We have a plan and it is working. We are effectively utilizing our available cash to broaden our business and meet our financial commitments. Managing working capital is an important management responsibility and one that any CEO should take the time to do so responsibly. We will need to continue this working capital effort as we begin to expend additional cash flows to build and expand our business.
I look forward to reporting to you some important developments for the company in the near future and to announce our 2008 Second Quarter Financial Results.
All the best,
Rick Weidinger
View 2008 Q1 Filing
Chief Executive Officer, Braintech Inc.
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