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Sputnik

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Sputnik

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Re: Betababe post# 33

Monday, 05/16/2005 4:28:27 PM

Monday, May 16, 2005 4:28:27 PM

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Betababe

Late again, late again with the 10Q!

The net loss for the quarter ended March 31, 2005 was $57,842, compared to a net loss of $628,180 for the quarter ended March 31, 2004. The difference is primarily to a $397,296 credit to research & development expenses due to the write-off of an accrued liability to West Virginia University pursuant to a legal settlement.

"Common sense and a sense of humor are the same thing, moving at different speeds. A sense of humor is just common sense, dancing." - William James

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