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showmebill

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showmebill

Re: None

Tuesday, 04/25/2006 10:46:43 AM

Tuesday, April 25, 2006 10:46:43 AM

Post# of 33332
Taking out the $27.6M non-cash accounting for stock issuance (benificial interest, note 10), net loss was $3.734M for 2005. This benificial interest should diminish or disappear as Plasticon becomes cash flow positive.

Last sentence of Management's Discussion and Review:

"The first quarter of 2006 has been a dramatic turnaround in sales and earnings for the Company, and this will be reflected in the audited quarterly statements for 2006."

I'd love to see the 1Q numbers.
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