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Gain (loss) onrevaluation of derivative...$882,924 Other income(expenditure), net$3,000 Loss before incometaxes$159,821 Non-cash interest,convertible loan-$436,071 Amortization of debt discount$174,400 Income (loss) fromoperations-$92,890 Loan interestaccrued-$22,410 Financing costs$332 Net loss$159,821 Total operatingexpenses$92,390 Gross profit-$500 Selling, general &administrative expenses$91,075 Depreciation andamortization$1,315 Cost of goods sold$500
Income Statement
source: myfinsight.com

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