I mean just read this latest filing...not good:
Our expenses for the nine month period ending July 31, 2011, were $212,445, as compared to the same period in 2010 of $196,241. This increase in expenses was largely attributable to an increase in consulting fees from $nil (2010) to $61,334 (2011) and an increase in occupancy costs from $31,681 (2010) to $50,369 (2011) and were offset by a decrease in professional fees from $54,850 (2010) to $46,691 (2011) and administration expenses from $72,857 (2010) to $42,449 (2011). Our revenues for the nine months periods decreased from $209,301 (2010) to $38,446 (2011). This decrease was due to the fact that we have limited operations and are not undertaking any marketing campaigns for our products or attaining new customers due to a lack of working capital. We had a net operating loss of ($202,980) for the nine month period ending July 31, 2011 as compared to a net loss of ($68,065) for the comparable period ending July 31, 2010. As well we had interest expense for the nine months ended July 31, 2011 in the amount of $79,009 as compared to no interest expense during the comparable period in 2010.
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