For the period up to February 2002 we were the designer, manufacturer and marketer of state of the art ultraviolet disinfection systems for wastewater disinfection with additional application possibilities in potable water. During fiscal 2002 the Company`s changed its business focus away from only providing ultraviolet equipment for wastewater disinfection to the treatment of water for drinking and other uses, coupled with ultraviolet and filtration.
In fiscal 2002 our Company discontinued manufacturing of the wastewater products and entered into various agreements to change it business focus. The wastewater business was licensed to Clearwater Industries Ltd.
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In June 2004, the Company instituted a marketing program for its filtration products including point of use reverse osmosis units and various other water treatment systems and components. Using eBay Canada (eBay) as the marketing venue, sales have occurred and are slowly increasing.
Revenues. During the nine months ended September 30, 2004, we reported revenues of $15,869 compared to revenue of $32,669, a decrease of 51% compared to the results being reported in the nine months of fiscal 2003,. The decrease in revenue is as a result of very low UV system and components sales offset somewhat by royalty revenue amounting to $12,500.
Effektiver 9 Monatsumsatz also 3.369 Dollar
pro monat also keine 400 Dollar Net Loss for the Period. For the nine months ended September 30, 2004, we reported a net loss for the period of $588,854, an increase of $96,299 or 20% over $492,555 in the comparable period of fiscal 2003. The increase in net loss was primarily due to the increase cost of consulting fees included in general and administrative expense.
Net Loss per Share. For the nine months ended September 30, 2004, we reported a net loss per share for the period of $0.02 compared to $0.04 reported during the comparable period of the prior year. The decrease in loss per shares is primarily as a result of the greater number of shares outstanding at September 30, 2004 over which the loss was shared
über 20 mio shares sinds in wirklichkeit
ein guter gag, inkmarker