Without sitting down & actually pouring over the numbers & doing the math proper...  I believe since those '07 figures we had one neg Q, Lots of attorney fees (TTC are doing just fine), Fed taxes paid, and purchasing of retail shares on the open market and warrants directly from Swartz (who is also doing just fine)... among I am sure a few other things I can not think of right now....

Is this what your question was addressing?  If so I hope it helps a bit..  This sucks, but IMO we're actually holding up (sp) fairly well...  those shares of frustrated investors are getting vacuumed up..

take care..