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berhead

01/27/12 1:08 PM

#17793 RE: Inorout #17792

If you look a little closer at the numbers you will see $418,000 of that came from a Loss on extinguishment of convertible debt. The other $360,000 is from SG & A expenses. I notice SG & A is up to $360,585 from $230,693 in 2010. I wouldn't mind to hear from the company what they spent the extra hundred grand on. As long as it's for expanding the business, it's good.