polisher (547exist) wrote, @ 2008-11-15 09:28:00

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She has previously worked as a lobbyist for the firm and on behalf of food distributor Angliss International of London. possess Tenney easy bursting affording!heiresses endowing online casinos AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)

Three Months Ended Nine Months Ended
September 30, September 30,
2008 2007 2008 2007

Revenues:
Enterprise content
management $2,529,276 $3,504,953 $10,898,926 $5,866,997
IT outsourcing
services 2,997,424 880,978 8,758,283 2,861,891
Human resource
outsourcing
servicing 366,157 246,371 1,338,992 260,188

Total revenues 5,892,857 4,632,302 20,996,201 8,989,076

Operating expenses:
Cost of services
provided 2,795,573 2,563,277 10,392,030 4,436,764
Selling, general
and administrative 3,852,338 2,912,249 11,761,666 6,982,541
Research and
development 81,221 168,371 228,258 261,738
Depreciation and
amortization 709,320 142,257 2,193,495 224,644
Share-based
compensation 207,091 112,118 621,275 258,861
Total
operating
expenses 7,645,543 5,898,272 25,196,724 12,164,548

Loss from
operations (1,752,686) (1,265,970) (4,200,523) (3,175,472)

Interest expense
(income)
Related parties 27,148 27,222 80,853 89,819
Amortization of
related party debt
discount - - 594,029
Other (net) 64,447 (11,300) 173,583 76,045
Other Expense - (3,115) - (3,102)

Total interest
and other
expense 91,595 12,807 254,436 756,791

Loss before taxes (1,844,281) (1,278,777) (4,454,959) (3,932,263)

Income tax expense 18,125 - 110,852 -

Net loss (1,862,406) (1,278,777) (4,565,811) (3,932,263)

Foreign currency
translation gain
(loss) (8,372) (40,623) (188,566) (331,180)

Comprehensive loss $(1,870,778) $(1,319,400) $(4,754,377) $(4,263,443)

Basic and diluted net
loss per share $(0.

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