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Re: surfgreen post# 26284

Saturday, 03/31/2012 2:56:04 PM

Saturday, March 31, 2012 2:56:04 PM

Post# of 84964
Yes, I copied the info right off the Annual Report. I was hoping the info would be of use to some shareholders that don't have the time to go to the Annual Report itself.

Did you notice that the Profit/Loss report showed a negative earnings per share even thru they reported a profit for the year? The report showed (0.0186), where it should have reported 0.00005 or 0.0001 earnings per share, if my calc is correct. I divided the earning or $18,583 by the shares outstanding of 371,973,819.

I also liked the fact that they experienced a positive gross margin per share of 27% compared to (30)% gross margin for 2010. Very nice turnaround in the gross margin.

I missed the explanation of what the $60,000 in Other Income represents. Was it for consulting fees?

I am interested in all comments.

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