The following should be read in conjunction with our Consolidated Financial Statements and the notes thereto included in the Financial Statements.
FORWARD LOOKING STATEMENTS:
Certain statements contained in this report, including statements concerning the Company's future and financing requirements, the Company's ability to obtain market acceptance of its products and the competitive market for sales of small production business and other statements contained herein regarding matters that are not historical facts, are forward looking statements; actual results may differ materially from those set forth in the forward looking statements, which statements involve risks and uncertainties, including without limitation to those risks and uncertainties set forth in any of the Company's Registration Statements and Annual reports on form 10K under the heading "Risk Factors" or any other such heading. In addition, historical performance of the Company should not be considered as an indicator for future performance, and as such, the future performance of the Company may differ significantly from historical performance.
REVENUES: Revenues from operations for the three-month period ending
GENERAL AND ADMINISTRATIVE EXPENSES: G&A expenses for the three-month period
ending
PROFESSIONAL EXPENSES: Professional expenses for the three-month period ending
OTHER INCOME(EXPENSES): Other income expenses for the three-month period ending
NET INCOME: Net income attributed to common stockholders was
LIQUIDITY AND CAPITAL RESOURCES: At
Net cash provided by operating activities for nine-month period ending
Net cash used-in financing activities for nine-month period ending
OFF BALANCE SHEET ARRANGEMENTS:
We do not currently have any off-balance sheet arrangements.
ACQUISITION EFFORTS:
The Company continues its efforts to raise capital to support operations and growth and is actively searching acquisition or merger with another company that would complement AOXY or increase its earnings potential. During this period, the Company has been in discussion with Companies looking to be acquired. AOXY has not negotiated any terms nor proposed any acquisitions of any of these companies that have been accepted. In addition, the Company is in discussion with potential lending institutions to assist in financing any proposed acquisition. The Company expects difficulty in financing the growth of the increased business or acquisition and has been concentrating on raising capital and/or obtaining a line of credit.
20 Table Of Contents
© Edgar Online, source