Letzter Report v.5.9.2003 Revenues and cost of sales
Interest Income for the first quarter of 2003 was nil compared to that of $5,385 for Q2 of 2002. Sales of $198 for the PIE for E-mail product were recorded in the second quarter of 2003, compared with nil during for the comparable period in 2002.
The Company's net loss increased from $(214,787) for Q2 2002 to $(260,096) for Q2 2003, due largely to increases in staffing, as consulting fees, and legal expenses.
The Company's working capital position deteriorated during the second quarter of 2003, and as at June 30th, 2003 this figure was at $(88,783), whereas at March 31st 2003 this figure was $(26,686).
letzte News v. Nov 2003:PK3i will not be proceeding with the brokered private placement previously announced. PK3i has entered into a loan agreement with Zmax Capital Corp. ("Zmax"). Zmax will provide up to $100,000 to PK3i, advanced from time to time, as required, payable on demand. The loan will bear interest at the rate of 12% per annum
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