muziqueman......
Its difficult to get a handle on this one....
Elysium revenue when under FTS umbrella (Q1 2008) was $18,318...Revenue in Q2 when standing on its own was actually DOWN at $10,388....go figure...
Elysium expenses in Q1 under FTS umbrella were $28,813....expenses in Q2 when standing on its own were $259,963....
So what's wrong with this picture?....!!!!
Can we investors read?
Part of the Q2 expenses might have been associated with the merge into the USBF shell....but frankly, presidential style executive $100,000 salaries are rediculous when revenues are expected to be so low!!!! (double dipping with FLIP salaries to acqire more EYSM shares for management seems like a possible conflict of interest, IMO) ... I own two small companies with annual revenues that dwarf ESYM numbers, but I don't pretend to be worth $200,000 a year....