better yet, what's the problem with money flow when they said this????
(3) Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof? Yes |X| No |_|
Both our sales and net income for the year ended May 31, 2009 increased. Sales for the year ended May 31, 2009 were approximately $50,000,000 compared to $5,633,084 for the year ended May 31, 2008. As a result, our net profits for the year ended May 31, 2009 also increased to approximately $11,000,000, compared to $1,244,455 for the year ended May 31, 2008.
Too funny. I think it means that Moskowitz woke up one day and found his favorite stock was trading at the nosebleed price level of $0.05 per share, instead of trading at the nosebleed price level of $0.25 per share, which is where he wanted it.