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[posting]23340413[/posting] Xsunx über sich: RESULTS OF OPERATIONS FOR THE THREE-MONTH PERIOD ENDED JUNE 30, 2006 COMPARED TO THE SAME PERIOD IN 2005 The Company had no revenues in the quarter ended June 30, 2006 nor in the same period in 2005. The Company incurred operating expenses totaling $713,881 for the three months ending June 30, 2006 compared to $282,343 for the same period in 2005, a 253% increase. Primary sources for the increase to operating expense of $431,538 include: Research and Development expenses increased by $224,298 to $368,608 as compared to $144,310 for the same period in 2005, Depreciation expenses increased by $27,647 as compared to $0 for the same period in 2005, Office expenses increased by $81,247 to $81,834 from $587 in 2005, Public Relations expenses increased by $34,097 to $76,742 from $42,645 in 2005 and, General and Administrative expenses increased by $64,836 to $159,050 from $94,801 in 2005 representing the continued increase in costs associated with expansion of the Company's business plan. These expenses in the third quarter of the current fiscal year were all incurred in preparing to commercialize innovative new thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes in an attempt to address expanding global energy demands. Oegy hat 1 anderen hintergrund und wird (hoffentlich bald) umsätze steigern. Ciao Ede |
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| aus der Diskussion: | Barnabus Energy - Frick - Focus Money - Pennystockraketen - SmallCapScout |
| Autor (Datum des Eintrages): | edelupolino (07.08.06 13:48:18) |
| Beitrag: | 14,110 von 14,318 (ID:23340840) |
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