LiveWorld (LVWD)

[jimbob4stocks]

Q1 2016 SUMMARY:

($236,000) net income
Smallest compared to last 2 Q1's
($307,000) in 2013 and ($844,000) in 2014

Reduced Expenses by approx. $1 million in Q1 2016
$420,000 from COGS and $578,000 from operating expenses

New Book PPS: $0.088

Overall, everything looks to be heading in the right direction. Getting costs under control was a huge piece. CFO mentioned in the 2015 report that we would probably see a low net income in Q1 which we see now but it's the smallest compared to 2013 and 2014. Q1 is just a rough quarter for LiveWorld.

Looking forward to seeing the future!