Theck since we are doing comparisons look at this one. Clear Skies Solar (CSKH) traded to .17 on Friday and did only 11K in revs for the first half of 2009. We know almost for a fact that GRSR has done far beyond that based on links we have found with various subsidairies and partners of GRSR. Funny and to think GRSR is trading between .02 and .03.
Results of Operations: Comparison of Six Month Periods Ended June 30, 2009 and 2008
Revenues in the first half of 2009 were $11,113, a decrease of $1,275,551 from the $1,286,664 of revenue for the six months ended June 30, 2008. In the 2009 period, revenue decreased as we had completed all work on our jobs in 2008 and sold excess solar panel inventory, while in the 2008 quarter we only billed relatively small contract and sub-contract work. Cost of revenue in the first half of 2009 was $27,946, down $1,017,956 from the cost of revenue of $1,045,902 in the six months ended June 30, 2008. The gross margin loss in the 2009 quarter was $16,833, a decrease of $257,595 from the gross margin of $240,762 in the first half of 2008.