Virtual Ed Link, Inc. (VRED)

Virtual Ed Link Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2009	FY 2008	FY 2007	FY 2004	FY 2003
Period Ending	Jun 30, 2010	Dec 31, 2009	Dec 31, 2008	Dec 31, 2007	Dec 31, 2004	Dec 31, 2003
Revenue	0.02	0.02	-	-	-	-
Cost of Revenue	0.1	0.15	0.04	0.04	-	-
Gross Profit	-0.08	-0.13	-0.04	-0.04	-	-
Selling, General & Admin	0.24	0.37	0.15	0.03	0.05	-
Research & Development	0	0	0	0	-	-
Other Operating Expenses	-	-	-	-	0	0
Operating Expenses	0.24	0.37	0.16	0.03	0.05	0
Operating Income	-0.32	-0.5	-0.19	-0.07	-0.05	-0
Interest Expense	-0	-	-	-	-0	-
Other Non Operating Income (Expenses)	-0.1	-0.27	-0	-0	-	-
EBT Excluding Unusual Items	-0.42	-0.77	-0.2	-0.08	-0.05	-0
Other Unusual Items	-	-	-0.04	-	-	-
Pretax Income	-0.42	-0.77	-0.24	-0.08	-0.05	-0
Income Tax Expense	0	0	-	-	-	-
Net Income	-0.42	-0.77	-0.24	-0.08	-0.05	-0
Net Income to Common	-0.42	-0.77	-0.24	-0.08	-0.05	-0
Shares Outstanding (Basic)	3,783	-	3,724	3,330	81	94
Shares Outstanding (Diluted)	3,783	-	3,724	3,330	81	94
Shares Change (YoY)	13.61%	-	11.83%	3995.27%	-13.29%	-
EPS (Basic)	-0.00	-	-0.00	-0.00	-0.00	-0.00
EPS (Diluted)	-0.00	-	-0.00	-0.00	-0.00	-0.00
Free Cash Flow	-0.04	-0.05	-0.01	-	-0.04	-0
Free Cash Flow Per Share	-	-	-	-	-0.00	-
Operating Margin	-1641.34%	-2876.12%	-	-	-	-
Profit Margin	-2139.25%	-4420.89%	-	-	-	-
Free Cash Flow Margin	-182.16%	-300.26%	-	-	-	-
EBITDA	-	-	-	-	-	0.01
D&A For EBITDA	-	-	-	-	-	0.01
EBIT	-0.32	-0.5	-0.19	-0.07	-0.05	-0
Revenue as Reported	0.02	0.02	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.