Hoy Ernie, APPI filed their 10-K today. Looks about the same but the sales are
increasing. Here is the income statement for the year:
ADVANCED PLANT PHARMACEUTICALS, INC.
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STATEMENTS OF OPERATIONS
FOR THE YEARS ENDED DECEMBER 31, 2001 AND 2000
2001 2000
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Net Sales $ 37,121 $ 13,250
Cost of goods sold 39,520 69,688
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Gross loss (2,399) (56,438)
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Operating expenses:
Research and development - 95,750
General and administrative 1,004,387 2,148,038
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Total operating expenses 1,004,387 2,243,788
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Operating loss (1,006,786) (2,300,226)
Other expenses 655 628
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Loss before provision for income taxes (1,007,441) (2,300,854)
Provision for income taxes - -
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Net loss $(1,007,441) $(2,300,854)
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Basic Loss per common share $ (0.01) $ (0.02)
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Hope that everything is going great for you and your family.
Take care. Do |
