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Re: Oilinvestor post# 907

Wednesday, 09/27/2006 2:00:54 PM

Wednesday, September 27, 2006 2:00:54 PM

Post# of 45174
One more time:

"Black Dragon recorded a record quarter for the first quarter of 2006.....revenue exceeded $1,100,000."

"Unaudited revenue results for the first six months of the calendar year 2006, ending on june 30, 2006...were approximately $1,644,543." That makes Q2 reveunes around $544,543.00

"Gross revenues on an unaudited basis for the first two months of the 2006 third quarter are expected to be approximately $1.035 million as compared to $523,000 for the three months ended September 30, 2005, or an increase of almost 100%."

"According to Richard Michael, President, "With gross revenues for the month of September expected to greatly exceed the revenues of approximately $545,675 recorded for August,"

Math reveals that July revenues were (1.035K minus 545K)
equal to $489,325.00

So, we have:

Q1 FY2005: $ 151,000
Q2 FY2005 $ 270,000
Q3 FY2005 $ 525,000
Q4 FY2005 $ 709,000

Q1 FY2006 $1,100,000
Q2 FY2006 $ 544,543

Jul 2006 $ 489,325
Aug 2006 $ 545,000
Sep 2006 $ More than August

So, what the Hey happened in Q2 ????