Jul 24th 2012, 21:48 GVC GVConsulting
by Kafka Frugel
GVC Financials Highlight #2 2Q2012In addition to the previous statement about investments at CAPEX, GVC spent more time than any previous quarter focused on development of AR (augmented reality) technology, increasing its capacity to complete refined projects.
In total, GVC has spent and set aside more than 1.7 million L on development for cross-over purposes and has two projects in line for completion, with one additional complete - a project that returned more than GVC spent on development. Revenues from the first completed project will continue to manifest in the 3rd quarter, and should GVC find the right mesh developer, we believe by the end of October the company will generate at least half its income from AR. We are in discussions with one individual at this time, specifically for mesh.
Specific to AR and the cross-over development, GVC hopes to contract with a 2nd new general developer in the next week, prior to the end of the month. Should this happen, the new developer will be active in SL, learning the ropes, and available as a resource to others.