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To: gao seng who wrote (3893)	11/23/1999 8:58:00 AM
From: Rayja	Read Replies (1) of 4122

From the 10QSB "We have incurred net losses applicable to common shareholders since inception through September 30, 1999, of approximately $36,451,176 after discounts and dividends on preferred stock. We anticipate that losses from operations will continue for at least the next year, primarily due to an anticipated increase in marketing and manufacturing expenses associated with the commercialization of the CTLM(TM), the costs associated with the clinical trials and other research and development activities. There can be no assurances that the CTLM(TM) will achieve market acceptance or that sufficient revenues will be generated from sales of the CTLM(TM) to allow us to operate profitably." $36,451,176.00! ZOWIE!

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