Second quarter ends on Wednesday.
First quarter 2009 Tony ran through $ 456,000 in cash and increased liabilities by $ 300,000.
Second quarter should show some restraint as Tony has "cut expenses"
Mo quarter of a million advance to good buddy David Dadon for an option on his land.
One third less employees in second quarter.
No costly press releases.
Only one SEC filing by company in second quater. (And it was a month late.)*
*OOPs I apologize, I forgot about the accountants quitting in second quarter with the attendant 8K.(My bad).
Hopefully Tony can "get by" on $ 300,000 he got in May to pay himself, Gerry, and Ceocast.com as well as office and travel expenses.
Tony my offer to not report anything on GSTY for $ 5,000 per month as opposed to the $ 10,000 per month you are paying Ceocast.com (You are still paying them, aren't you?) to not make any reports still stands.
