thoughts on net loss, page-4

You have to spend money to make money, isn't that right? It seems to me they are starting to reap the rewards after years of struggling.

Long term debt $39,000 - not a big deal.

They had to issue shares to "sophisticated investors" to stay afloat - also not a big deal when lots of other (much larger) companies do exactly the same thing.

2006 2007 2008
Cash Assets 524 887 2,187
Receivables 0 0 15
Inventory 0 0 0
Others 5,041 0 0
Current Total Assets 5,565 887 2,202

Accounts Payable 251 343 290
Debt Due 200 0 0
Others 322 0 29
Current Liabilities 773 343 319

Can someone confirm please: do future profits get offset against past losses?

As always, DYOR.