Lately it seems that earnings just dont matter - Look at this one for
a gem. BUt do you think anyone cares - WE all would raher pay $.50
for a stock with 50MM share sout - two dead mining properties and they
are " thinking about the internet" LOL
Vitreous Capital Inc -
Vitreous Capital financial statement
Vitreous Capital Inc
VCI
Shares issued 4,615,848
2000-01-20 close $0.14
Tuesday Jan 25 2000
CONSOLIDATED STATEMENT OF INCOME
Year ended Sept. 30
1999 1998
Revenue
Sales $5,280,943 $5,016,814
Cost of sales 4,512,919 4,134,898
---------- ----------
Gross margin 768,024 881,916
Other revenue 4,138 18,919
---------- ----------
772,162 900,835
---------- ----------
Expenses
Amortization 228,498 215,793
Interest on
long-term debt 108,946 118,935
Marketing 11,978 14,434
Office and admin 136,892 124,764
Reporting and
regulatory 45,710 86,488
---------- ----------
532,024 560,414
---------- ----------
Income before
other expenses 240,138 340,421
Expenses relating
to potential
acquisition - 110,729
---------- ----------
Net income $ 240,138 $ 229,692
========== ==========
Earnings per
share 5.4 cents 5 cents |
