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Correcting reporting period in table of financial highlights; Nine Months Ended, sted Year Ended.


--(BUSINESS WIRE)--

In BW1230 (INTL-CANINE-GENETICS), "International Canine canine
 or canid

Any domestic or wild dog or doglike mammal (e.g., wolf, jackal, fox) in the family Canidae, found throughout the world except in Antarctica and on most ocean islands.
 Genetics genetics, scientific study of the mechanism of heredity. While Gregor Mendel first presented his findings on the statistical laws governing the transmission of certain traits from generation to generation in 1856, it was not until the discovery and detailed study of  reports third quarter/nine months results," read the 3rd and 4th columns of the financial highlights as: For the Nine Months Ended (sted For the Year Ended). A corrected table follows: -0-
INTERNATIONAL CANINE GENETICS INC.
Financial Highlights (Unaudited)


                      For the Three Months    For the Nine Months
                             Ended                   Ended
                    3/31/96        3/31/95    3/31/96      3/31/95


Net revenues     $  461,144      $ 393,919  $1,218,689   $1,087,709
Cost of revenues    260,159        209,436     685,452      590,132
  Gross profit      200,985        184,483     533,237      497,577
Operating expenses:
  Research and
    development
    expenditures    144,933        140,606     417,456      413,477
  Selling, general
    and administrative 363,307     415,899   1,137,793    1,161,549
  Advertising and
    promotional expense 51,902      96,218     243,981      219,316
                     560,142       652,723   1,799,230    1,794,342
  Loss from
    operations      (359,157)     (468,240) (1,265,993)  (1,296,765)
Other income
  (expense), net       3,248        17,677      12,010       40,174
Interest expense     (24,395)      (12,453)    (50,893)     (35,161)
  Net Loss          (380,304)     (463,016) (1,304,876)  (1,291,752)


Net loss per share
  of common stock      ($.13)        ($.26)      ($.49)       ($.71)


Shares of common stock
  (weighted average)  2,819,155  1,811,040   2,646,230    1,811,040


CONTACT: International Canine Genetics Inc., Malvern Malvern, England: see Great Malvern.  

Paul Paul, 1901–64, king of the Hellenes (1947–64), brother and successor of George II. He married (1938) Princess Frederika of Brunswick. During Paul's reign Greece followed a pro-Western policy, and the Cyprus question was temporarily resolved.  A. Rosinack/John R. Bauer Bauer is a German family name. It translates to peasant or farmer (agricola in Latin).

Notable people of this name include:
  • Rothschild family, Bauer is the former surname of Mayer Amschel Rothschild, the family founder
, 610/640-1244

or

Porter, Le Vay & Rose, Inc., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 

Hal Le Vay, 212/564-4700
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Article Type:Correction Notice
Date:Apr 30, 1996
Words:255
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