9/30/07 10-QSB:
Three months ended September 30,
2007 2006
REVENUES, NET $ 1,155,964 $ 419,231
COST OF REVENUE 761,817 289,078
GROSS PROFIT 394,147 130,153
OPERATING EXPENSES:
Consulting and professional fees 226,612 -
General and administrative 142,141 50,701
Total operating expenses 368,753 50,701
INCOME FROM OPERATIONS 25,394 79,452
OTHER INCOME:
Interest income 37 50
INCOME BEFORE INCOME TAXES 25,431 79,502
Income tax expenses (91,414 ) (30,736 )
Minority interest (11,192 ) (3,136 )
NET (LOSS) INCOME $ (77,175 ) $ 45,630
Other comprehensive income:
- Foreign currency translation gain 35,827 25,234
COMPREHENSIVE (LOSS) INCOME $ (41,348 ) $ 70,864
Net (loss) income per share – Basic and diluted (0.003 ) 0.002
Weighted average number of shares outstanding during the period – Basic and diluted $ 29,328,781 $
