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truethat

10/19/11 2:21 PM

#2531 RE: sagan #2530

Wow, I am pleasantly surprised they finally filed their financials. Now the negative. The 2011 financials up to June 30,2011 shows revenue sale of $523,412 with operating expenses of $941,075 thus leaving a loss of $417,663 so far this year!
I thought they were supposed to be in the profit mode this year. So a lot of the press releases were stretches or crap! In the 2010 financial report it stated : Sales $1,616,650 with operating expenses $3,107,755 equalling a loss of $1,491,105 for the year.
This puppy needs to be making money before it goes anywhere nice on the pps. I thought they were supposed to be pulling in more money than this. I will have to look up those old press releases. Does anyone remember or have them handy?