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Senesco Technologies Reports First Quarter Fiscal 2010 Financial Results
Date:11/17/2009

CKHOLDERS' EQUITY: Preferred stock, $0.01 par value; authorized 5,000,000 shares, no shares issued -- -- Common stock, $0.01 par value; authorized 120,000,000 shares, issued and outstanding 24,777,638 and 19,812,043, respectively 247,776 198,120 Capital in excess of par, net of $88,000 subscription receivable 35,861,069 36,687,846 Deficit accumulated during the development stage (31,407,428) (31,218,132) ---------- ---------- TOTAL STOCKHOLDERS' EQUITY 4,701,417 5,667,834 --------- --------- TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $7,132,623 $7,122,413 ========== ========== See Notes to Condensed Consolidated Financial Statements.
                           SENESCO TECHNOLOGIES, INC. AND SUBSIDIARY
                                (A DEVELOPMENT STAGE COMPANY)
                      CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                          (unaudited)

                                                                From Inception
                               For the Three    For the Three     on July 1,
                                Months Ended     Months Ended    1998 through
                                September 30,    September 30,   September 30,
                                     2009            2008            2009

    Revenue                             $--        $200,000       $1,450,000
                                  ---------       ---------       ----------
    Operating Expenses:
     General and administrative     494,955         529,865       24,426,148
     Research and development       575,291 
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SOURCE Senesco Technologies, Inc.
Copyright©2009 PR Newswire.
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