OCLN Originclear Inc (PK)

0.0068

-0.0002 (-2.86%)

Last Updated: 18:56:34

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
Originclear Inc (PK)	USOTC:OCLN	OTCMarkets	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.0002	-2.86%	0.0068	0.0066	0.007	0.0071	0.0068	0.0069	275,001	18:56:34

OriginOil: Second quarter update - Analyst Blog

22/08/2012 10:48am

Zacks

OriginOil: Second quarter update

Ken Nagy, CFA

On August 20, 2012 OriginOil (OOIL) filed the 10-Q for the quarter ending in June 31, 2012. Revenue was negligible and the GAAP loss was $3.3 million and $0.33 a share.

On a pro-forma basis, adding back in non-cash items such as stock compensation expenses, the amortization of debt discount and the loss on the conversion of the debentures, the pro-forma loss was $0.80 or $0.08 a share as compared to our estimates of a loss of $0.11 a share.

We expect revenue to remain at a low level for the second half of 2012 and to show significant growth in 2013.

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