Chimera Posts Net Losses
By philip
Nevada based gaming software and e-commerce services company, Chimera Technology, has posted audited financial results with a net loss of $85,293 with zero revenues, for the year ended December 31, 2003. Chimera said it was content with these results and that they were as expected because the company used 2003 for reorganization, research and the development their proprietary gaming platforms to market to potential licensees.

Chimera says the true picture of the company’s progress will be seen in subsequent quarterly financial statements. Chimera launched its business model in early 2004 when it signed up its first licensee. Chimera President Ken Chua said, 'Results for 2003 reflect a period of reorganization and development. Results for 2004 will begin to reflect the exciting industry in which Chimera competes. To date, I am very satisfied with where we are and where we are going.'

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