Dick, here I copied the income statement
COLOSSAL RESOURCES CORP.
INTERIM CONSOLIDATED STATEMENT OF OPERATIONS
FOR THE SIX MONTH PERIOD ENDED MARCH 31, 1997
(Unaudited - See Notice To Reader)
(Expressed in Canadian Dollars)
March 31, March 31,
1997 1996
(6 Months) (6 Months)
SALES $ 14,081 $ -
COST OF SALES (246,993) -
GROSS MARGIN (232,912) -
EXPENSES
Accounting and legal 53,905 36,398
Amortization 112,016 2,165
Automotive 32,546 -
Bank charges and interest 17,047 3,089
Brochures and publications 3,741 28,026
Consulting 64,619 11,814
Debenture interest and issue costs46,268 -
Directors' fees 17,397 -
Insurance 16,551 -
Management fees 15,000 15,000
Office and miscellaneous23,829 23,965
Public relation consulting31,307 114,143
Regulatory and transfer agent fees17,940 21,463
Rent 17,056 9,914
Repairs and maintenance13,788 -
Salaries and wages 289,755 14,897
Telephone and fax 76,840 30,722
Trade shows, adver/confer68,759 31,053
Travel and promotio 206,519 75,582
1,124,883 418,231
LOSS BEFORE OTHER ITEMS AND NON-CONTROLLING
INTEREST (1,375,795) (418,231)
Foreign exchange gain 41,130 17,310
Interest income 25,171 107,799
Miscellaneous income 2,465 7,735
LOSS BEFORE NON-CONTROLLING INTEREST (1,289,029) (285,387)
Non-controlling interest 310,032 10,720
NET LOSS $ (978,997) $(274,667)
LOSS PER SHARE $ (0.14) $ (0.06)
I had to edit the fields to line them up I hope they are readable. |
