Pure Cycle Corporation Announces Fiscal 2008 Financial Results

THORNTON, CO, Nov 07, 2008 (MARKET WIRE via COMTEX) -- Pure Cycle Corporation (PCYO:PCYONews, chart, profile, moreLast: Delayed quote dataAdd to portfolioAnalyst Create alertInsiderDiscussFinancials Sponsored by:, , ) announced the following summary results of operations for the years ended August 31, 2008, 2007 and 2006, respectively: Years Ended August 31, 2008 2007 2006 ------------ ------------ ------------ Total revenues $ 282,400 $ 265,700 $ 271,700 Total cost of revenues (166,000) (165,200) (73,900) ------------ ------------ ------------ Gross margin 116,400 100,500 197,800 Total operating expenses (2,609,600) (2,754,800) (1,556,500) Other (expense) income Including imputed interest of $4.

4 million, $4.7 million and $0, respectively (4,433,500) (4,260,400) 565,800 ------------ ------------ ------------ Net loss $ (6,926,700) $ (6,914,700) $ (792,900) ============ ============ ============ Weighted average shares outstanding (basic and dilu...
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