Legal Fees running in the MILLIONS of dollars and increasing massively (up 250% to $1.7 M)!: "GENERAL AND ADMINISTRATIVE EXPENSES. General and administrative expenses for the year ended December 31, 1999 were $6,469,922, an increase of $2,083,023
or 47.5%, compared to $4,386,899 for the year ended December 31, 1998. This
increase was related to legal settlements and related fees in 1999 of
$1,700,463, an increase of $1,215,651, compared to $484,813 in 1998, as well as
administrative expenses related to the increased development and sales activity
related to the MA IV and the establishment and staffing of operations in Japan
and Germany. |
