Posted On: 07/16/2014 3:07:45 AM
Post# of 14

ELEV Financials 07/16/2014 02:07:48
Elevate, Inc.
Period Ending May 31, 2011 May 31, 2010
Total Revenue 151 224
Cost of Revenue 97 24
Gross Profit 54 200
Operating Expenses
Research and Development - -
Sales, General and Admin. 1,013 240
Non-Recurring Items 206 118
Other 1 -
Operating Income (1,167) (158)
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax (1,167) (158)
Interest Expense 5 5
Earnings Before Tax (1,172) (163)
Income Tax - -
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (1,172) (163)
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (1,172) (163)
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (1,172) (163)
Elevate, Inc.
Period Ending May 31, 2011 May 31, 2010
Total Revenue 151 224
Cost of Revenue 97 24
Gross Profit 54 200
Operating Expenses
Research and Development - -
Sales, General and Admin. 1,013 240
Non-Recurring Items 206 118
Other 1 -
Operating Income (1,167) (158)
Income From Continuing Operations
Add'l Income/Expense Items - -
Earnings Before Interest and Tax (1,167) (158)
Interest Expense 5 5
Earnings Before Tax (1,172) (163)
Income Tax - -
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (1,172) (163)
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (1,172) (163)
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (1,172) (163)

