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Global 8 Environmental Technologies Inc GBLE



GREY:GBLE - Post by User

Post by mburns2000on Nov 02, 2009 11:00am
163 Views
Post# 16444130

Take a look at the CONSULTING FEES

Take a look at the CONSULTING FEES
Global 8 Environmental Technologies, Inc.
(Formerly Organic Recycling Technologies, Inc.)
Consolidated Statement of Operations (Unaudited)
 
 
   
Three Months Periods
Ended June 30,
   
Nine Months Periods
Ended June 30,
 
   
2009
   
2008
   
2009
   
2008
 
                         
Revenues
  $ -     $ -     $ -     $ -  
                                 
Expenses
                               
Advertising
    61,008       61,454       132,442       291,711  
Depreciation
    832       932       2,360       2,277  
Consulting and professional fees
    1,658,666       1,242,695       3,914,841       3,714,460  
Rent, utilities and telephone
    14,659       18,443       31,597       89,172  
Office and administration
    6,037       5,031       26,924       15,405  
Investor relations & communication
    10,419       2,611       18,697       196,820  
Travel, meals and entertainment
    9,527       28,443       24,540       61,742  
Insurance & licenses
    -       146       -       146  
Total expenses
    1,761,149       1,359,755       4,151,401       4,371,732  
                                 
Loss from operations
    (1,761,149 )     (1,359,755 )     (4,151,401 )     (4,371,732 )
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