USA Video Interactive Corp -
USA Video Interactive Corp
US
Shares issued 28932088
1998-01-05 close $0.105
Tuesday Jan 6 1998
STATEMENT OF EARNINGS
Nine months ended September 30
1997 1996
Expenses
Administrative
Amortization $ 2,105 $ 4,790
Bank charges and
interest 4,426 3,248
Consulting fees/
sub-contracts 91,818 126,321
Filing fees 8,350 17,354
Interest - convertible
debenture - 86,558
Interest - on loans - 22,859
Management fees 123,885 369,333
Marketing expense 16,296 -
Office 34,081 121,717
Professional fees 44,654 89,620
Public relations - 35,839
Rent 13,500 14,445
Research - 2,363
Salaries - 49,677
Telephone and
utilities 5,547 2,704
Transfer agent fees 7,318 5,482
Travel and promotion 6,061 15,289
--------- ---------
358,041 967,599
Other
Loss (gain) on sale
of marketable
securities (88,897) (312,531)
Foreign exchange
loss (gain) 10,057 1,333
Prior period
adjustment -
salaries and benefits - (75,549)
Joint venture loss 48,258 -
--------- ---------
327,459 580,852
--------- ---------
Net loss for
the period $ 327,459 $ 580,852
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