From Page 17
Statements of Operations
| |
|
Three Months Ended
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|
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Six Months Ended
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|
| |
|
November 30, 2010
|
|
|
November 30, 2009
|
|
|
November 30, 2010
|
|
|
November 30, 2009
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|
|
Revenues
|
|
$ |
1,409,000 |
|
|
$ |
8,696,000 |
|
|
$ |
1,409,000 |
|
|
$ |
11,023,655 |
|
|
Operating expenses
|
|
|
2,041,305 |
|
|
|
1,222,237 |
|
|
|
2,947,865 |
|
|
|
4,035,901 |
|
|
Operating income (loss)
|
|
|
(632,305 |
) |
|
|
7,473,763 |
|
|
|
(1,538,865 |
) |
|
|
6,987,754 |
|
|
Reserve for loan loss and uncollectable receivable
|
|
|
- |
|
|
|
- |
|
|
|
(1,413,095 |
) |
|
|
- |
|
|
Interest income
|
|
|
33 |
|
|
|
72 |
|
|
|
283 |
|
|
|
380 |
|
|
Net income (loss)
|
|
$ |
(632,272 |
) |
|
$ |
7,473,835 |
|
|
$ |
(2,951,677 |
) |
|
$ |
6,988,134 |
|
As for the 2nd part of your question as to why they would be lumped in and WHO the other 8 are? Look back at some of my prior posts, but basically, Caterpillar was heralded as license No. 70. In the Cummins MMP License PR, Alliacense states that 80 companies have bought MMP licenses. That's 10 licenses since Caterpillar. We KNOW of 5 of them, including Dresser & Cummins. Optoma, Leica and Arcelik are the other 3. Who the other 5 are is anyone's guess. According to the company, the LICENSEES are the one's requesting it be kept secret, LOLOLOLOLOL!!!! Must be the HUGE fees they paid.
When asked if after ANNOUNCING EACH AND EVERY LICENSE for the first 70, it should merit some kind of communication to shareholders that they were now NOT releasing info when they signed licenses, the company said that it did not beleive that this constituted a change in practice worth communicating.
