Posted On: 07/16/2014 8:52:19 PM
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CEGX Financials 07/16/2014 19:52:23
Cardinal Energy Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 17 21 12 6
Cost of Revenue 12 22 3 5
Gross Profit 5 (1) 8 1
Operating Expenses
Research and Development - - - 4
Sales, General and Admin. 1,549 214 40 36
Non-Recurring Items - 600 - 18
Other 13 4 2 -
Operating Income (1,558) (819) (34) (56)
Income From Continuing Operations
Add'l Income/Expense Items 100 - (4) -
Earnings Before Interest and Tax (1,458) (819) (37) (56)
Interest Expense 532 - 5 -
Earnings Before Tax (1,990) (819) (42) (56)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,990) (819) (42) (56)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (1,990) (819) (42) (56)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (1,990) (819) (42) (56)
Cardinal Energy Group, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 17 21 12 6
Cost of Revenue 12 22 3 5
Gross Profit 5 (1) 8 1
Operating Expenses
Research and Development - - - 4
Sales, General and Admin. 1,549 214 40 36
Non-Recurring Items - 600 - 18
Other 13 4 2 -
Operating Income (1,558) (819) (34) (56)
Income From Continuing Operations
Add'l Income/Expense Items 100 - (4) -
Earnings Before Interest and Tax (1,458) (819) (37) (56)
Interest Expense 532 - 5 -
Earnings Before Tax (1,990) (819) (42) (56)
Income Tax - - - -
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (1,990) (819) (42) (56)
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (1,990) (819) (42) (56)
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (1,990) (819) (42) (56)
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