Replies to post #33 on Manufactured Housing Properties Inc. (MHPC)

[10 bagger]

STTH.. $0.41.. + 61% on the day,, I guess someone else has figured out what STTH is worth.. STTH is VERY thin and will explode on any volume..hank

Net income (loss) per share, basic and diluted:
Net loss from continuing operations $ (0.29 ) $ (0.20 )
Discontinued operations, net of tax 1.30 0.12
Net income (loss) $ 1.01 $ (0.08 )

Weighted average shares outstanding, basic and diluted 2,655,738 2,655,738

Strange trading today..

5,000 @ $0.35
482 @ $0.3488
4666 @ $0.3388
672 @ $0.3488
1140 @ $0.3388
2315 @ $0.3388
825 @ $0.38
8375 @ $0.38
2413 @ $0.43
1662 @ $0.42
226 @ $0.45
500 @ $0.45
728 @ $0.45
1540 @ $0.44
516 @ $0.42
1672 @ $0.41..

STRATUM HOLDINGS, INC.
Consolidated Statements of Operations

Year Ended December 31,
2011 2010
Revenues:
Oil and gas sales $ 2,984,992 $ 2,625,586
Total revenues 2,984,992 2,625,586

Operating expenses:
Lease operating expense 1,575,192 1,509,274
Depreciation, depletion and amortization 495,417 528,298
Workover expense 520,090 475,356
Selling, general and administrative 1,178,812 1,042,742
Total operating expenses 3,769,511 3,555,670

Operating loss (784,519 ) (930,084 )

Other income (expense):
Interest income 36,451 1,014
Interest expense (288,269 ) (376,468 )
Gain on debt extinguishment - 438,967
Gain (loss) on oil and gas derivatives (122,144 ) 51,155

Loss before income taxes (1,158,481 ) (815,416 )
Benefit for income taxes 390,400 295,400
Net loss from continuing operations (768,081 ) (520,016 )
Discontinued operations, net of tax 3,460,777 302,151
Net income (loss) $ 2,692,696 $ (217,865 )

Net income (loss) per share, basic and diluted:
Net loss from continuing operations $ (0.29 ) $ (0.20 )
Discontinued operations, net of tax 1.30 0.12
Net income (loss) $ 1.01 $ (0.08 )

Weighted average shares outstanding, basic and diluted 2,655,738 2,655,738