Posted by: Doubloon Date: Wednesday, November 11, 2009 9:07:53 AM In reply to: Doubloon who wrote msg# 3838 Post # of 3851 [Send a link via email] The payment for employee services issue is answered
Fiscal Year 2009 1st Quarterer During the first quarter 2009 the Company had no revenue and posted a net loss of $9,002.31. During this period management continued to work without pay for future considerations. Management will continue to work without pay until such time as sales can support salaries. During the quarter the Company entered into negotiations to acquire a income producing renewable energy company which it hopes to complete this fiscal year. However there can be no assurance that management will be successful in its bid to acquire this business.
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