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COTE-GONNA BURST,STRONG BUY
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[QUOTE]Originally posted by CAPTNEMOS: [QB] last 10k only 150k in sales.lost approx 1.2 mill last year.ill bet its gonna change this year.cant wait. 2010 2009 (Consolidated) Sales $ 159,000 $ - Cost of Sales 95,517 - Gross Margin 63,483 - Revenue from research and development 850,000 840,000 Total Revenues 913,483 840,000 Expenses: Research and development costs 483,185 303,552 General and administrative expenses 1,059,572 2,186,014 Depreciation and amortization 79,108 31,900 1,621,865 2,521,466 Other Operating Income (Expense): Gain on sale of land and building - 978,479 Change in estimated fair value of embedded derivative liabilities (53,000 ) - (53,000 ) 978,479 (Loss) Income from Operations (761,382 ) (702,987 ) Interest expense, net 288,960 103,769 (Loss) Income Before Income Taxes (1,050,342 ) (806,756 ) Provision for income taxes - - Net (Loss) Income $ (1,050,342 ) $ (806,756 ) Basic net (loss) income per share $ - $ - Basic weighted average shares outstanding 275,518,171 274,296,319 Diluted net (loss) income per share $ - $ - Diluted weighted average shares outstanding 275,518,171 274,296,319 [/QB][/QUOTE]
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