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PreMD Reports Fiscal 2007 Results
Date:3/28/2008

on convertible

debentures 1,002,394 819,609 255,529

Mark-to-market adjustment on

derivative 18,000 - -

Amortization 165,753 319,205 252,804

Loss (gain) on foreign exchange (1,313,292) 97,746 (35,734)

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6,527,200 9,712,856 6,512,146

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RECOVERIES AND OTHER INCOME

Investment tax credits 140,000 200,000 198,923

Interest 117,125 265,369 173,130

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257,125 465,369 372,053

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Net loss and comprehensive loss

for the year (6,315,812) (5,948,971) (4,989,705)

Deficit, beginning of year (34,162,342) (28,213,371) (23,223,666)

Adjustment to opening deficit 42,000 - -

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Deficit, end of year (40,436,154) (34,162,342) (28,213,371)

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Basic and diluted loss per share $(0.26) $(0.27) $(0.23)

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Weighted average number of

common shares outstanding 24,326,078 21,663,698 21,487,008

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SOURCE PreMD Inc.
Copyright©2008 PR Newswire.
All rights reserved

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