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SAMNOTSAMUEL

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SAMNOTSAMUEL

Re: abh3vt post# 13460

Thursday, 06/09/2005 5:59:51 PM

Thursday, June 09, 2005 5:59:51 PM

Post# of 173859
VPHM questions:

Since nobody has answered I will say a little.

After taking into account adjustments I think fully diluted for 1st quarter was about 15 cents.

Under the royalty scheme paid out, in the 3rd quarter approximately, a lot of income will be farmed out as royalties but the expense is handled for quarterly reporting as a 25 year amortization so earnings will be steady per quarter except for:

Due to demand recently Vanocin was raised 26% in price so most of us believe $1.00+ earnings from that point forward.

sam
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