STEN Corporation Reports 2008 Third-Quarter Revenue of $5 Million and Improved Results From ... (Provision for (benefit from) ...)

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STEN Corporation Reports 2008 Third-Quarter Revenue of $5 Million and Improved Results From Operations

Date:8/13/2008

Provision for

(benefit from)

income taxes

from Discontinued

Operations (15,300) 21,805 (50,568) (110,100)

Net income

(loss) from

discontinued

operations (25,502) 34,864 (83,916) (163,917)

NET LOSS $(292,011) $(247,690) $(1,595,866) $(865,654)

NET LOSS PER

SHARE FROM

CONTINUING

OPERATIONS:

Basic $(0.11) $(0.14) $(0.62) $(0.35)

Diluted $(0.11) $(0.14) $(0.62) $(0.35)

NET INCOME

(LOSS) PER

SHARE FROM

DISCONTINUED

OPERATIONS:

Basic $(0.01) $0.02 $(0.03) $(0.08)

Diluted $(0.01) $0.02 $(0.03) $(0.08)

NET LOSS PER SHARE:

Basic $(0.12) $(0.12) $(0.65) $(0.44)

Diluted $(0.12) $(0.12) $(0.65) $(0.44)

WEIGHTED AVERAGE

COMMON AND

COMMON EQUIVALENT

SHARES OUTSTANDING

Basic 2,528,751 1,990,990 2,450,880 1,989,601

Diluted 2,528,751 1,990,990 2,450,880 1,989,601

STEN CORPORATION AND SUBSIDIARIES

CONDENSED BALANCE SHEETS

ASSETS

June 29, September 30,

2008 2007

(unaudited) (audited)

CURRENT ASSETS

Cash, cash equivalents $286,167 $156,399

Current portion of loans receivable 2,786,918 2,057,475

Other current assets 6,320,702 4,341,292

Total Current Assets
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STEN Corporation Reports 2008 Third-Quarter Revenue of $5 Million and Improved Results From ...(Provision for (benefit from) ...),Health