Friday, November 13, 2009 6:24:40 PM
Our net loss for the year ended July 31, 2009 was $963,177, as compared to a net loss of $318,399 for the year ended July 31, 2008.
(Oh good a triple)
Revenues:
For the year ended July 31, 2009, our revenues increased by 171.1%, or $26,017, to $41,225
Cost of Sales:
Our cost of sales for the year ended July 31, 2009 increased by $23,702, or 285.6%, to $32,002 as compared to $8,300 for the fiscal year ended July 31, 2008.
Revenue vs cost of sales
2008 $6908
2009 $9223
Selling, General and Administrative Expenses:
Our selling, general and administrative expenses for the year ended July 31, 2009 increased by $214,670, or 305.1%, to $285,036, as compared to $70,366 for the year ended July 31, 2008.
(quadruple,holy crap they must be paying themselves pretty well. I'm sure they're worth it )
So it cost them $285,036 to run a business to make $9223
Is that really a business?
Net income (loss):
Our net loss for the year ended July 31, 2009 was $963,177, as compared to a net loss of $318,399 for the year ended July 31, 2008.
(Another triple, almost a million) I'm speechless
(the company took a loss, as a shareholder don't you have to expect a loss also)
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