Breakeven Date

Breakeven Date. Will mean the end of the first calendar month immediately following the first calendar quarter in which the Company (on a consolidated basis) achieves positive Net Income (i.e. net income after tax as reflected in the Company's published financial statements prepared in accordance with generally accepted accounting principles as applied in the Company's audited financial statements). In the event of any dispute concerning the computation of Net Income, the determinations of the Company's... auditors will be final and conclusive. View More