Tamerlane announces a net loss of $1,798,373 or $0.03 per share for the six months ended June 30, 2011, compared to a net loss of $684,661 or $0.01 per share for six months ended June 30, 2010 in the same period of the prior year. At June 30, 2011 the Company had working capital of $2,922,488 compared to $2,726,220 at March 31, 2011, an increase of $196,268. The net increase was the result of the exercise of warrants
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