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Tuesday, July 24, 2007 12:42:49 AM
Did you note total liabilites were reduced by 26%?
Did you note total assets increased by 12.7%?
Did you note longterm liabilities/convertible notes were reduced by more than 37%?
Did you note a net operating income in 2006 vs a net operating loss in 2005?
Did you note, even with the sales of shares in 2006, the net income (loss) per share was TEN (10) times better in 2006 than in 2005? 2006 was 0.002/sh loss and 2005 was 0.02/sh loss - a ten fold improvement.
What is wrong with a ten fold improvement in net income per share in a year?
Did you note the $0.315 per share sales?
Did you note the $0.25 per share sale?
Did you note the $1.00 per share sale?
I also noted the $0.10 per share sale.
Did you also note, the 68,241,000 shares outstanding, at the end of 2006? If you take the additional 762,000 shares sold (2007) that was listed in the subsequent events section (last page) and add to the 68,241,000 shares, the share count should have been 69,003,000 at the time of the unaudited report prepreation that was posted July 18, 2007.
I don't believe the millions of shares being sold NOW equates to the less than 750,000 shares sold this year/time of report prep.
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