Sales Revenue: 1,791,239
Cost of sales: (903,288)
Administration expenses :(2,065,037)
PROFIT/(LOSS) BEFORE INCOME TAX EXPENSE: (741,048)
So what did they bring to the table re SH value
Nothing at all. So to me it seems the director are doing not much excpet sitting on the back of the Serum block output.
So why the high admin fees, higher than revenue and cost of production.
I did not bother posting the pay to the directors, not worth the effort. toooo not cool
Ann: LIO 2011 Annual Report , page-2
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