A few highlites from the last 10Q.....
"Total income for the quarter ended March 31, 2010, was comprised of “other income” of $8".
"Total expenses for the quarter ended March 31, 2010, was $546,552".
As near as I can tell, the handfull of people that worked so hard to earn that $8, paid themselves cash benefits of $316,996 for the same 3 month period.
Salaries......$110,000 Cash
Consultants...$130,110 Cash
R%D............$76,886 Cash (Still??? One data sheet???)
During that same period, the share holder saw his investment rise 40% from $0.70 to $0.98. Here`s hoping he took advantage of that windfall by selling everything he held. Because....since that time his investment has fallen back down to $80 cents as of todays close. Hey, it`s still a 14% gain in just a little less than 6 months.
Doesn`t it make you feel kinda warm all over knowing that that handfull of people are looking out for you? Ha, ha, ha.
Thin
