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Re: skys post# 1042

Tuesday, 11/24/2009 10:08:42 AM

Tuesday, November 24, 2009 10:08:42 AM

Post# of 4373
The quarterly report is out,so if you go to their web site and click on investors, then sec filings, you can read the report.I see that they had 7 mil at end of Sept. and had lost 65 cents per share for the period ending Sept 30th.Cash burn rate was high and it is concievable they have went threw it all,need production soon or the 45 million shares is going to grow.gltyJust went thru the numbers they burnt up 29 mil in 273 days{3 quarters]so yes they are burning up a lot of money and those fiquires would show nothing left unless they raised more money since Sept.30th.
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