if any obviously not enough to cover expenses for @ least 2 years including what shareholders have been giving them in over priced stock purchases. Wonder how much of shareholders money was paying those salaries.
BAYSIDE PETROLEUM COMPANY, INC.
STATEMENT OF OPERATIONS
(UNAUDITED)
December 31, December 31,
2009 2008
Revenues $ 1,970,411 $ -
Cost of Revenues 857,592
Gross Profit $ 1,112,819 -
Expenses (1,203,998) -
Impairment (leasehold write off) - 600,000
Net Profit (Loss) $ (100,447) $ (600,000)
Loss