Industrial Nanotech Inc (INTK)

[trade2much]

Boog wow I just looked at that then googled the compound interest calculator, now things make a lot more sense. This part of the 10Q was very puzzling it sure doesn't look very good:

Income 2010 Mar vs yoy Mar 09
Revenue $ 265,076 vs $ 171,254
Less: Cost of Goods Sold 72,896 vs 37,357
Gross Profit 192,180 vs 133,897
Operating Expenses
Sales and Marketing 12,696 vs 15,516
General and Administrative 873,074 vs 202,504 4x as much
Research and Development 41,250 vs 18,720
Professional and Consulting 561,863 vs 24,677 [color=red][/color]
Depreciation 22,278 3 51
Total Expenses 1,511,161 vs 261,768
(Loss) from Operations ( 1,318,981) (127,871) So the sales increased and the loss went up 9x? Am I reading this correctly?