After seeing the 12000 loss for August. Swift's president stated, I was sure we'd be profitable within six month, but our six months are up and this loss for August is even worse than July's. I think it's time to start looking for someone to buy out the company's assets- if we don't, within a few months there won't be any assets to sell. By the way, I don't see any reason to look for a new controller. We'll just limp along with Sam for the time being. The company's controller resigned a month ago. Sam, a new assistant in the controlle's office, prepared the income statement above. Sam has had little experience in manufacturing operations.