"Our net loss during the three months ended January 31, 2009 was $2,811,037 or ($0.06) per share compared to a net loss of $4,538,601 or ($0.12) per share during the same period ended January 31, 2008. The weighted average number of shares outstanding was 46,398,228 for the three months ended January 31, 2009 compared to 38,751,900 for the same period ended January 31, 2008.
Management fees - stock based decreased to $170,250 during the six months ended January 31, 2009 from $267,000 during the same period ended January 31, 2008. "
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