POW! Entertainment Inc. (fka POWN)

[rickn23]

10Q out. Revenue over (Edit 2 sorry right the first time)$750,000:

http://www.sec.gov/Archives/edgar/data/1505892/000114420415030532/v409285_10q.htm

Edit
Net income $185,000


For Three Months Ended March 31, 2015 and 2014

The Company’s revenues for the three months ended March 31, 2015 increased by $195,420 or 35.1.0% compared to the three months ended March 31, 2014. Revenues increased from various sources for new projects in development as well as creative consultations for third parties. The new sources of revenue may not replace the former Silver Creek revenue, will fluctuate and are uncertain in their conversion to positive cash flow.

For the three months ended March 31, 2015, net income was $185,579 compared to net loss of $180,687 for the three months ended March 31, 2014.

Net loss for the three months ended March 31, 2014 included the write-off $95,268 for expenses incurred on behalf of SLPC after a settlement with the other equity owner.


Total operating costs were reduced by $66,276, mainly due to a decrease in wages and benefits. Other expenses have been held constant compared to prior year.