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Re: WATER33 post# 31448

Saturday, 12/15/2012 11:00:14 AM

Saturday, December 15, 2012 11:00:14 AM

Post# of 39209
Folks who understand WHY they show positive, wouldn't be bragging about it, lol. You should actually read the filing, as opposed to bragging about a Yahooo quote page. Their total revenue, for the period ending September 30, 2012, was $1,000 . It may make folks feel better calling it "INCOME", but it wasn't anything to do with revenues. They show positive due to this;

For the quarter ending September 30, 2012 , we recorded the mark to market changes in the Derivative Liability which required a credit to Derivative Expense of $795,019.


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