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Re: pennyexpert247 post# 92

Tuesday, 04/17/2012 12:18:46 PM

Tuesday, April 17, 2012 12:18:46 PM

Post# of 10657

Net income decreased by 187.03% from $17,193,112 in 2010 to a loss of $14,963,711 in 2011. Income from operations decreased by 53.28% or $4,495,158 to a loss of $12,932,621 for the year ended December 31, 2011, as compared to a loss of $8,437,463 for the year ended December 31, 2010. The sales revenue and gross margin decreased compared to 2010.

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