10Q is out if anyone cares. The only one making money on this pos is the Investor Relations company. If you ask me, they should be fired. Here is a clip from the 10Q:
OPERATING EXPENSES
Operating expenses increased to $1,018,205 for the three months ended March 31, 2006 as compared to $603,863 for the three months ended March 31, 2005. The increase in operating expenses for the period ended March 31, 2006 occurred primarily as a result of Documentation Fees for Funding of $150,000, Investor Relations of $429,605, Write-down of Assets of $130,000 and Payroll and Taxes of $138,510. |