Monday, April 30, 2007 4:42:45 PM
Lets See...Profit was reported as being $105,614.
The profit from the sale of Caddo lake Properties (3,216,864 minus 2,482,219 equals $734,645.)
Thus, $105, 614 from $ 734,645 REALLY MEANS THEY HAD AN OPERATING LOSS OF $629,031.
That operating loss is more than FIVE times their operating loss of 2005.
I'm not sure that trend is a positive event - anyone disagree?
Of course, Petrol and Four Star likely received the bulk (if not more) of that loss from Lanza to Lanzas.
The profit from the sale of Caddo lake Properties (3,216,864 minus 2,482,219 equals $734,645.)
Thus, $105, 614 from $ 734,645 REALLY MEANS THEY HAD AN OPERATING LOSS OF $629,031.
That operating loss is more than FIVE times their operating loss of 2005.
I'm not sure that trend is a positive event - anyone disagree?
Of course, Petrol and Four Star likely received the bulk (if not more) of that loss from Lanza to Lanzas.
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