NightCulture Inc (fka NGHTD)

[otcbargains]

Direct cost expenses rose from 52% to 68% in the q. That brought the 9 month avg to 59%. I have no idea why they increased so much this q but hopefully they return to normal. My target price has certainly been lowered but I still think it is about as solid a .03 stock that can be found. Something wicked was a 2 day event this year so they should exceed last years 4th q revs of 2.2 mil. It will be interesting to see if Direct costs return to normal or if they stay up here at 68%.

Even if you assume the 4th q only shows the 21% revenue growth that they have throughout the year it should be a large 4th q.