Elevate, inc. (HGLB)
Income statement / Quarterly
Feb'12Nov'11Aug'11Feb'11Nov'10Aug'10
Revenues

299

124

60

77

41

42

Direct cost of services

15

23

50

12

0

1

Other costs

157

110

1

0

0

0

Total direct cost of services

173

134

51

12

0

1

Gross Profit

126

-

-

65

-

-

Legal and professional

63

22

136

46

13

21

Selling, general and administrative

438

402

-

189

205

-

Consulting expense - stock based

79

305

-

0

0

-

Consulting expense

277

296

-

0

0

-

Selling, general and administrative

-

-

460

-

-

65

Consulting expense - stock based

-

-

545

-

-

0

Consulting expense

-

-

190

-

-

0

Depreciation

1

1

1

1

0

0

Total operating expenses

861

1,162

1,385

237

219

89

Net loss from operations

-734

-1,037

-1,325

-172

177

-46

Interest expense

-6

-47

-2

-4

0

0

Other income

1

1

-

0

0

-

Total other income (expense)

-5

-45

-

-4

0

-

Net loss

-740

-

-

-176

-

-

Other income and (expense)

-

-

1

-

-

0

Total other income (expense)

-

-

-1

-

-

0

Net loss

-

-1,083

-1,326

-

-177

-46

Basic loss per common share outstanding

-0.03

-0.04

-0.05

-0.01

-0.01

0.00

Basic weighted average number of shares outstanding

25,693

24,838

25,032

19,000

19,000

19,000