03:44 PM EST - Gatorz Inc. : reported that net loss for the fourth quarter increased by $110,000 U.S. over the same period last year to $370,000 U.S. as a result of management's decision to eliminate certain underperforming models, frames, and lens colours which resulted in an inventory writedown of $118,000 in the quarter. Revenue for the quarter decreased by $93,000 to $270,000 from the same quarter last year primarily from the decrease in sales to International distributors $58,000. Gatorz Inc.
shares V.GTZ are trading even at $0.04.
