The Quarterly report just out was very positive. Mr. Blystone came very close to having a positive earnings report this time, and the odds are very strong that there will be positive earnings reported in the next quarterly report. Way to go, Mr. Blystone!!
biz.yahoo.com
"Three Months Ended June 30, 1999 as compared with Three Months ended June 30,
For the quarter ended June 30, 1999 revenue was $115,214 less than for the same quarter in 1998. Gas revenue was $81,499 less due to declining production. Interest income was $21,780 less this period compared to the same period last year.
Costs and expenses were reduced $257,664 this quarter due to decreased General and Administrative expenses primarily due to reduced legal expenses, which were related to the lawsuit. See: Item 1. Legal Proceedings
The net loss for this quarter was $159,607 compared to a net loss of $302,057 for the same quarter in 1998."
**************************************************************
$159,607/19 million shares - $.0084 loss per share. Less than 1 cent per share!!!
VanGo101...Van |
