Second Wave Petroleum Inc SCSZF

RE: Whats this news

[vandenp]

Maybe the brilliant-Travelingman can explain this to us? I have a few more questions regarding the latest release. On their own website their consolidated financial statements show: Total Operating Expenses for the first 3 quarters of 2000 were $3,852,067. The latest news release states it was $3,956,700. Total Operating Expenses for the first 3 quarters of 2001 were $2,918,625. The latest news release states it was $2,461,950. The year end 2000 financials stated the cost of sales were $532,926. The latest news release states it was $532,826. Which one is it? I was also disappointed with the numerous grammatical errors, which do not look very unprofessional. Does no one proof read this stuff before it goes out? How can you call this ($724,904) “gross profit net of interest income” and not show the roughly $3 million dollars in operating expenses that eat this few hundred thousand up and then increase the debt? They only cast a shadow of doubt on this company. Why do they keep doing this? This is only taking a fairly quick look at the Quarterly Financial Data section