BIOQ Bioqual Inc (PK)

BIOQUAL (Pinksheets:BIOQ):

         

2010

2009

  Revenue $ 23,783,030 $ 28,247,895   Income Before Income Tax $ 683,726 $ 2,219,052   Net Income $ 416,415 $ 1,322,209   Basic Earnings per Share of Common Stock $ .46 $ 1.46   Diluted Earnings per Share of Common Stock $ .46 $ 1.46   Weighted Average Number of Shares Outstanding For Basic Earnings 903,951 903,428   Weighted Average Number of Shares Outstanding For Diluted Earnings 903,951 904,346  

BIOQUAL’s Board of Directors has declared a dividend of $0.16 per share for shareholders of record on September 21, 2010, payable on October 12, 2010. This is the tenth dividend declared by BIOQUAL.

Statements herein that are not descriptions of historical facts are forward-looking and subject to risk and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors including risks relating to the ability to continue to extend current government contracts and obtain new contracts; the actual cost incurred in performing its contracts; uncertainties relating to clinical trials; dependence on third parties; and future capital needs.