-------------------------------------------------------------------------
Net loss and comprehensive loss for the
period (1,682,729) (1,589,195)
Deficit, beginning of period (40,436,154) (34,162,342)
Adjustment to opening deficit - 42,000
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Deficit, end of period (42,118,883) (35,709,537)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Basic and diluted loss per share $ (0.07) $ (0.07)
-------------------------------------------------------------------------
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Weighted average number of common shares
outstanding 25,320,049 22,044,772
-------------------------------------------------------------------------
-------------------------------------------------------------------------
See accompanying note
-------------------------------------------------------------------------
PreMD Inc.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In Canadian dollars)
Unaudited Three months ended
March 31,
----------------------------
2008 2007
$ $
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