spockster202,
IESV, Quarterly Report:
Net Income (Loss)
For the three months ended December 31, 2004 the Company had a net loss of $283,283 compared to net income of $8,619 for the same period ended December 31, 2003. For the six months ended December 31, 2004 the Company had a net loss of $529,451 compared to a net income of $53,975 for the same period ended December 31, 2003. In 2004, the Company eliminated a deferred tax asset and the selling general and administrative expenses were not offset by revenue that was seen from engineering services work in 2003. The Company has changed its focus to the Biogas industry and will not assume the same position as in the past for engineering services work.
-Phil
Everybody wants to save the World, but no one wants to help mom wash the dishes!
ICQ#: 179-325-060
