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For the nine months ended 30 September 2011,GoldSands Development Co revenues was not reported. Netloss decreased 23% to $6.8M. Lower net loss reflectsStock-based compensation (Note 12) decrease of 93% to $182K(expense), Investor relations (Note 10) decrease of 62% to$144K (expense), Gain on settlement of debt (Note 13)increase from $0K to $157K (income).
Period Ending: | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 |
---|---|---|---|---|
Total Revenue | 0.74 | 0 | 0 | 0 |
Gross Profit | 0.41 | |||
Operating Income | -4.81 | -1.02 | -5.22 | -17.68 |
Net Income | -6.35 | -1 | -5.23 | -18.4 |
Period Ending: | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 |
---|---|---|---|---|
Total Assets | 11.04 | 0.39 | 1.13 | 0.3 |
Total Liabilities | 7.02 | 2.22 | 1.97 | 5.87 |
Total Equity | 4.02 | -1.82 | -0.84 | -5.57 |
Period Ending: | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -2.07 | -1.97 | -1.17 | -2.88 |
Cash From Investing Activities | -2.81 | -0.02 | -0.01 | -1.4 |
Cash From Financing Activities | 4.07 | 2.04 | 2.02 | 4.08 |
Net Change in Cash | -0.81 | 0.05 | 0.83 | -0.2 |
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