NOTE 4 -SEGMENT INFORMATION
The Company has two reportable segments: retail sales and investment portfolio management.
Three Months Ended March 31, 2008
Retail Investing Total
Revenue
Merchandise sales and third party income $ 3,136,212 $ - $ 3,136,212
Realized and unrealized gain on securities - 52,932 52,932
Total revenue 3,136,212 52,932 3,189,144
Cost and expenses
Cost of revenue 2,397,841 - 2,397,841
Selling and administrative 2,282,462 - 2,282,462
Share based compensation - - -
Interest expense 497,919 - 497,919
Unrealized loss on derivative instruments 932,069 - 932,069
Other expense 9,209 - 9,209
Total costs and expenses 6,119,500 - 6,119,500
Income (loss) from continuing operations $ (2,983,288 ) $ 52,932 $ (2,930,356 )
Burning 3Mil/Quarter & they have 2.2 million in notes receivable? WOW