BioMedical Technology Solutions (BMTL.OB) Reports Third Quarter Earnings; Revenues Up 107%, Expenses Down 38%
BioMedical Technology Solutions Holdings, Inc. reported its third quarter financial results as well as the 9-month period ended September 30, 2010 through a 10Q filed with the Security and Exchange Commission. BMTL is a provider of safe and environmentally sound medical waste disposal equipment for sharps and red bag waste that allows for medical waste to be processed, sterilized, labeled and then disposed of as common trash. The Company operates through its wholly-owned subsidiary, BioMedical Technology Solutions (“BMTS”). As with most developing companies, the company is operating at a loss, but there were many significant improvements in this most recent…