Actually, their net loss increased from $316k to $416k WITH the $379k tax rebate. Before the rebate their net loss was double the previous years.
That could inspire some selling.
As of January 31, 2011 we projected the Company would need additional cash resources to operate during the upcoming 12 months and would raise this capital through private placements of our common shares and advances from our President. The Company intends to attempt to acquire additional operating capital through private equity offerings to the public and existing investors to fund its business plan.
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