InvestorsHub Logo
Followers 971
Posts 383010
Boards Moderated 6
Alias Born 06/24/2011

Re: None

Thursday, 03/16/2017 1:41:19 PM

Thursday, March 16, 2017 1:41:19 PM

Post# of 640537
$DRSV +20% pushing higher! March 16, 2017 / Debt Resolve, Inc. (OTC PINK: DRSV) today announced preliminary, unaudited results for the quarter ending December 31, 2016. Revenue for this quarter was $2,187,840, a 64% increase over the quarter ending September 30, 2016, and a 40% increase over the quarter ending December 31, 2015. Operating income was $560,320, as compared to an operating loss of ($8,416) in the preceding quarter and an operating loss of ($595,266) in the quarter ending December 31, 2015. There was a Net Loss in the quarter ending December 31, 2016 of ($141,564), as compared to a Net Loss of ($558,605) in the preceding quarter and Net Income of $122,748, including a one-time gain of $1,279,616 on the change in fair value of derivative liabilities, for the quarter ended December 31, 2015.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.