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Re: None

Sunday, 05/17/2009 2:22:50 PM

Sunday, May 17, 2009 2:22:50 PM

Post# of 56528
Operating Expenses/Net Loss: 2007 vs 2008

For the 9 months ending Sept 30, 2007 vs 2008 -

Operating Expenses for 9 months 2008 decreased 8% vs 2007 (as a percentage of Gross Revenues)
2007 - $705,516 = 40.6% of Gross Revenues ($1,737,635)
2008 - $841,732 = 32.6% of Gross Revenues ($2,575,942)

Net Loss for 9 months 2008 decreased 14.3% vs 2007 (as a percentage of Gross Revenues)
2007 - $658,189 = 37.9% of Gross Revenue ($1,737,635)
2008 - $608,680 = 23.6% of Gross Revenue ($2,575,942)

http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=18514