This is also from the latest 10Q and I would like you to take notice that nearly every single operating expense has dropped dramatically from last year. Decreased operating costs=increased net profits.JMHO
ETERNAL IMAGE, INC. (A DELAWARE CORPORATION)
STATEMENTS OF OPERATIONS
Quarter Ended
Quarter Ended
September 30, 2010
September 30, 2009
(Unaudited)
(Unaudited)
Revenue $
89,346 $
73,929
Cost of Goods Sold
(56,839)
(58,331)
Gross Profit
$
32,507 $
15,598
Operating Expenses:
Salaries
51,250
(27,435)
Stock Based Compensation
-
47,269
Travel and Entertainment
-
-
Professional Fees
28,696
344,268
Payroll Taxes and Employee Benefits
575
2,971
Consulting Fees and Commissions
6,090
-
Rent
13,767
10,193
Public Relations and Marketing
3,293
(496)
Product Licensing and Royalties
63,641
7,500
General and Administrative
19,194
60,506
Depreciation and Amortization
7,302
12,653
Total Operating Expenses
193,806
457,430
Loss Before Other Income and (Expense)
(161,299)
(441,832)
Other Income (Expenses):
Bad Debt Expense
(399)
(10,000)
Interest Expense
(8,779)
909
Total Other Income (Expenses)
(9,178)
(9,091)
Net Loss $
(170,477) $
(450,922)
Basic and diluted net loss per common share
$
(0.00)
$
(0.01)
Weighted average common shares outstanding
192,459,469
68,181,826
When I copied and pasted this from the 10 Q it set things up in columns instead of side by side but the numbers that are bolded are the figures for 2010.
Basser
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