THPHF - Thinkpath, Inc. (THPHF)

[gimp_vulture]

Debt forgiveness & profit guess:

800K (4+ million shares of stock retired)
600K (Preferred shares retired)
475K (Old note retired)
100K (Back interest and penalties)
-800K (New note)
-------
1175K Forgiven

-100K (loss from operations)
-300K (interest & Laurus penalties)
-------
775K "Profit" estimated

250K "Profit" reported

So where is the missing 525K? Fees/dilution from the new vulture financier? Given the increase in sales I doubt if operating losses were much larger.