rst quarter report 2006 warnex inc first ended march 31 management s discussion and analysis provides a review of the performance our company should be read in conjunction with unaudited financial statements for related notes appearing elsewhere this document compares fiscal that 2005 also discloses additional information to help better understand business includes opportunities issues risks may impact future operations enclosed have been prepared accordance canadian generally accepted accounting principles gaap all figures are dollars unless otherwise indicated relating including annual form aif is available on sedar at www com forward looking certain contained subject numerous uncertainties known unknown identifying early commercialization products intellectual property licensing r&d new manufacturing laboratory facilities suppliers key
