Press Releases for Odinsdagrting [ODNDT].

Sunday, January 31, 2010

Monthly Statement, January 2010

Odinsdagrting crosses 1 Billion ISK in monthly sales.

January saw 1,022,328,840.07 ISK in monthly gross sales. The net sales for the month was 515,874,016.71 ISK. The attractive part of this number is the 133.43% return on investment dollars that represents on the 386,626,345.90 ISK spent to build the goods that were sold.

All of this raises the corporate balance sheet to 2,389,174,896.58 ISK. This is a 10.08% growth over December.

We have begun tracking the costs and success rates of invention more closely. The month of January saw better than expected returns in invention which grew the corp by 40,247,066.44 ISK.

The dividend for January is 80,605.32 ISK. This is 16.12% of the par value of the stock, and 10.80% of the current book value of 746,617.15 ISK per share.

February will see the creation of more shares as part of a second stock offering. It was always the intention during the initial formation of Odinsdagrting to have a two stock offerings. The number of shares and the share price has not been settled.

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