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Re: Ryoko post# 1925

Monday, 11/22/2010 7:20:39 PM

Monday, November 22, 2010 7:20:39 PM

Post# of 3152
Further down in the 10Q

I hope I did this right

"Our operating expenses were $6,096,355 for the nine months ended September 30, 2010, as compared with $269,177 for the same period ended 2009. Again, operating expenses were dramatically more in 2010 that in 2009 because of a large amount of shares, 89,000,000, were issued to various consultants at $0.06 per share in August 2010. Thus, consulting fees were $5,736,963 for the nine months ended September 30, 2010 as compared with $230,050 for the nine months ended September 30, 2010. Operating expenses have also increased dramatically due to the cost of going public. General and administrative expenses increased to $243,739 during the nine months September 30, 2010 from $34,499 in 2009. And professional fees increased to $106,337 for the nine months ended September 30, 2010 as compared with $3,628 for the same period ended 2009."


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