SBWL: share dilution is an expense LOL
(OTCBB: SBWL) SkyBridge Wireless, Inc recently filed their 10QSB reporting a Net Loss decreased by $67,487 (12 %) from a net loss of $564,478 for the three months ended March 31, 2004 to a net loss of $496,991 for the three months ended March 31, 2005. We attribute a major portion of the Net Loss to consulting and professional fees, namely the booking of the issuance of shares to certain consultants for services to us. Some of the services provided by consultants include public and investor relations services, management services and legal services.
Pennies not a zero sum game as much as some zero game.
