"The Company expects to report a net operating loss of approximately $1,118,000 for the six months ended July 31, 2016, as compared to a net operating loss of $335,000 in the same period ended July 31, 2015; and to report a net loss of approximately $1,514,700 for the six months ended July 31, 2016, as compared to a net loss of $346,800 in the prior comparative period."
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