GT Biopharma Inc (GTBP)

[bloodhound99]

The OXIS sales websites

http://www.helpyourjointsnow.com

and

http://www.getergonow.com

were opened for 53 days in fourth quarter 0f 2010.

The TOTAL sales for the company in 2010 were $ 11,000 with all those sales in 4th quarter.

Making a best case assumption that all $ 11,000 in sales were from the website the average daily sales from the website $11,000/53 = $ 207.55 a day in sales

In contrast Tony Cataldo' salary at OXIS for those 53 days was $ 26,136.99 or $26.136.99/53 = $ 493.15 per day.

Lets hope the numbers improve in 2011.

With only $ 54,000 in bank on 12-31-2010 things are getting a bit tight.

On the plus side however Bristol is making $ 50,000 "keep Oxis in businss loans" while they cash out their penny a share conversions, warrants, and options after the first quarter 450,000,000 increase in authorized shares.

And I am sure if things get really tight that Theorem will allow OXIS to go without paying the $ 5,000 a month rent for the secondary location (for all three employees) while they cash out their penny a share conversions, warrants, and options. (Does Theorem REALLY have 251,000,000 of these to cash out as the SEC filings say?)