DCHT 10SB, FINALLY!! And the figures BOGGLE the MIND, as expected...
QUICK SUMMARY, in round figures of Balance Sheet and Income Statement, as I understood them:
+ Accumulated Deficit, as of 30th June 1999: $6.3 Millions...
+ Stock Holders Equity, as of 30th June 1999: -$34,000...
+ 6 months Sales to 30th June 1999: $217,000... (a fraction of projections...)
+ 6 months NET LOSS to 30th June 1999: $1.30 Millions or 10 cents/share...
+ Issued shares increased by more than 50% (+4.61 Millions) from 8.56 Millions, as of 30th June 1998 to 13.17 Millions as of June 1999, thereby reducing the loss per share but creating substantial dilution...
Are these figures really worth GLOATING about! If I still owned any DCHT shares, I would be selling in a BIG HURRY! Just my opinion, of course...
F. Goelo + + + |
