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Re: None

Thursday, 02/19/2015 8:10:04 PM

Thursday, February 19, 2015 8:10:04 PM

Post# of 96902
You must be kidding. Didn't you know that all metrics are improving and what it could mean to 2 cents stock if they release any PRs as now the quiet period is over.

Reread 10Q and also check these:

Revenues

For the six months ended December 31, 2014, we reported revenues of $461,520 as compared to revenues of $322,665 for the six months ended December 31, 2013, an increase of $138,855 or approximately 43%. The increase in sales is primarily due to a shift in the business' focus to the data center operations related to our acquisition of CTC in October 2013.

Cost of Sales

Our cost of sales consists primarily of the costs of providing wireless and fiber bandwidth and colocation services. For the six months ended December 31, 2014 cost of sales was $266,494 or approximately 58% of revenues, compared to $176,954, or approximately 55% of revenues, for the six months ended December 31, 2013. The increase in costs of sales as a percentage of revenue and the corresponding decrease in our gross profit margin for the six months ended December 31, 2014 as compared to the six months ended December 31, 2013 was due to the change in focus of the business and increased broadband costs. We anticipate that our gross profit margins will remain between 40% and 45% through the balance of fiscal 2015.

Total Operating Expenses

Our total operating expenses decreased approximately 69% to $1,015,738 for the six months ended December 31, 2014 as compared to $3,262,052 for the six months ended December 31, 2013.


LOSS FROM OPERATIONS

The Company reported a loss from operations of $820,712 for the six months ended December 31, 2014 as compared to a loss from operations of $3,116,341 for the six months ended December 31, 2013, an improvement of $2.3 million or approximately 74%.

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