OxySure Systems, Inc. (OXYS) Triples Revenue for Second Consecutive Quarter
Today before the opening bell, OxySure reported its financial and operating results for the second quarter ended June 30, 2013. Second Quarter 2013 Highlights: Total revenue increased by about 657% to $476,071 General and administrative expense down by about 18% to $194,803 Interest expense down by about 60% to $23,254 Net loss declined by about 11.8% Working capital deficit improved by about $1,926,481 Stockholder deficit improved by about $2,359,951 Gross profit increased 758%; gross margins up to 68% from 60% Net loss per share for the quarter stayed flat at $.01 "We sustained positive momentum in the second quarter, and we are pleased…