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Re: keyscruiser post# 36388

Wednesday, 02/02/2011 6:55:54 PM

Wednesday, February 02, 2011 6:55:54 PM

Post# of 42439
Plus, look at EV's cashflow track record... once the cash inflows from contributed capital dries up, the doors will close. It is also interesting how our operating expenses have basically tripled when comparing June 2010 versus June 2009. I can only assume the 2010 Q4 filing will be no different.

September 2009: Cash outflows from operating activities $(1.9)M, offset by Cash Inflows from Contributed Capital $1.8M

December 2009: Cash outflows from operating activities $(2.2)M, offset by Cash Inflows from Contributed Capital $5.6M

March 2010: Cash outflows from operating activities $(1.0)M, offset by Cash Inflows from Contributed Capital $0.6M

June 2010: Cash outflows from operating activities $(2.4)M, offset by Cash Inflows from Contributed Capital $2.2M

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