Buffalo, NY 12/1/2009 1:10:38 AM
News / Business

10-Q for Advanced Medical Institute, Inc.

As of September 30, 2009, AVMD had total liabilities of $31,975,767, including unearned revenue of $7,983,157, als included was a positive net worth of $20,106,443. As of June 30, 2009, the total liabilities resulted in $29,668,233, including unearned revenue of $8,003,468, and AVMD also had a positive net worth of $18,110,615. The major reason for the noteworthy increase in the net worth of the Company between June 30, 2009 and September 30, 2009 is due to a significant appreciation in the A$ exchange rate as compared to the US$ exchange rate.

 

 

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Advanced Medical Institute, Inc. is a service provider company, which arranges for patients with sexual dysfunction and prostate problems in Australia, New Zealand and the United Kingdom to be provided with medical services, pharmaceuticals and associated clinical support services.

 

 

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