Scrap that last statement...also:
This makes absolutley no sense:
Our operating loss from continuing operations for the three months ended March 31, 2006 was $2,574,186 compared to the operating loss of $4,223,197 reported for the three months ended March 31, 2005,
Then this:
based in part on (1) increases in operating expenses due to the Company’s engagement in operations and entering into material transactions, (2) increases in accounting and legal fees and other internal costs relating to compliance with federal and state securities laws, offset by a $1.1 million compensation expense in the first quarter of 2005 to a director and reduced interest expense of $796,171.
How in the heck does an increse in operating expenses, and an increse in accounting/legal fees reduce the "loss from continuing operations?" lol