VLUS income statement from 10QSB.............
A small profit, huge increase in sales over 3rd QTR 1999.
Waiting for OTC BB listing comments have been received and answered.
VALUSALES.COM., INC.
STATEMENTS OF OPERATIONS
July 20, 1999 (Inception) to September 30, 1999
Three Months Ended September 30, 2000 (Unaudited)
3rd Qtr 2000 3rd Qtr 1999
September 30, September 30,
2000 1999
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UNAUDITED UNAUDITED
Revenues
Product Sales $ 263,346 $ 160,242
Services 465,855 37,748
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Total 729,201 197,990
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Cost of sales
Product 147,394 122,794
Services 196,545 16,204
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Total 343,939 138,998
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Gross profit 385,262 58,992
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Expenses
Personnel Costs and related expenses 150,184 44,785
General and administrative 224,413 30,304
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374,597 75,089
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Net profit (loss) $ 10,665 ($ 16,097)
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$ 0.001 ($ 0.002)
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Profit (Loss) per share-basic
Weighted - average common shares outstanding 10,000,000 7,598,600
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