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BVII: Going private. 1-3,384,409 R/S; All shareholders who own less than 3,384,409 shares will receive $0.05 per share on a pre-split basis.
http://otce.finra.org/DLDeletions
Another pump and dump,,, you needed to get on this yesterday when it was really low...
Very thin level 2, gotta hit the ask, it's gonna run!
FLOAT is ONLY 1.69 Million shares, should be trading in the dollars, get the cheapies while you can!
Man this stock moves on air, huge day coming tomorrow
Gotta hit the ask to get filled, a very good sign
I really like this stock, under the radar
Get in while you can, gonna run hard very soon
This will take off soon. It will move on good earnings and enrollment.
BVII.. $1.85.. Sold My Position..
I will no longer Mod. this board.. hank
Broadview Institute, Inc. Announces Second Quarter Results
PR Newswire - Nov 17 at 14:00
Company Symbols: NASDAQ-OTCBB:BVII
MINNEAPOLIS, Nov. 17, 2010 /PRNewswire-FirstCall/ -- Broadview Institute, Inc. (OTC Bulletin Board: BVII) today reported revenues of $4,876,295 for the three months ended September 30, 2010, compared to $4,540,850 reported for the same period last year. The Company posted a net loss of $(108,813), or $(0.01) per basic and diluted common share for the three months ended September 30, 2010, compared to net income of $287,080, or $0.03 per basic and diluted common share, for the same period last year.
Year-to-date revenues totaled $10,316,555 in fiscal 2011 versus $8,515,672 for the same period last year. Net income for the six months ended September 30, 2010 totaled $337,918 or $0.04 per basic and diluted common share, compared to $643,320, or $0.08 per basic and $0.07 per diluted common share for the same period last year.
&;A few key factors contributed to our unexpected net loss for our second quarter of the current fiscal year,&; said Terry Myhre, the Company&;s Chairman. &;Notably, we experienced a greater than expected number of students that elected not to attend classes over the summer months and, as a result, our student population decreased from the previous quarter. In addition, there has been a decline in the number of inquiries from prospective students in recent months, which we believe is a combination of the negative publicity aimed at career colleges that, for us, has coincided with a transition period while we rebranded our schools to position ourselves for further growth in our online population, as well as expansion of residential campuses into new markets beyond the State of Utah. Despite the net loss for the quarter, we remain in a strong cash position with no outstanding debt.
&;We are disappointed with the number of students that started at our newest location in Salt Lake City, Utah during the academic quarter that commenced in October, and we did not meet our expectations for student population at our existing campuses either, which is expected to have a negative impact on our operating results for the third fiscal quarter,&; Myhre added. &;We remain on schedule to open an additional residential location in the Boise, Idaho market in January 2011, and while the expense associated with opening new locations in back-to-back quarters may have a negative impact on earnings in the short term, we will be in great position for growth in future quarters as these new locations mature.&;
Condensed Consolidated Statements of Operations Data
Three Months Ended Six Months Ended
September 30, September 30,
2010 2009 2010 2009
REVENUES $ 4,876,295 $ 4,540,850 $ 10,316,555 $ 8,515,672
OPERATING EXPENSES
Educational services and
facilities 3,524,230 2,953,565 7,063,356 5,560,226
Selling, general and
administrative expenses 1,528,170 1,101,436 2,719,123 1,916,609
TOTAL OPERATING EXPENSES 5,052,400 4,055,001 9,782,479 7,476,835
OPERATING INCOME (LOSS) (176,105) 485,849 534,076 1,038,837
OTHER INCOME 7,134 5,558 15,836 11,099
INCOME (LOSS) BEFORE
INCOME TAXES (168,971) 491,407 549,912 1,049,936
INCOME TAX EXPENSE
(BENEFIT) (60,158) 204,327 211,994 406,616
NET INCOME (LOSS) $ (108,813) $ 287,080 $ 337,918 $ 643,320
EARNINGS (LOSS) PER
SHARE:
BASIC: $ (0.01) $ 0.03 $ 0.04 $ 0.08
DILUTED: $ (0.01) $ 0.03 $ 0.04 $ 0.07
Condensed Consolidated Balance Sheets
September 30, March 31,
2010 2010
Current Assets $ 6,199,998 $ 6,591,367
Total Assets 9,447,542 8,876,540
Current Liabilities 881,682 1,027,118
Total Liabilities 1,437,267 1,309,683
Stockholders' Equity 8,010,275 7,566,857
BVII $2.16 Globe Education Network Participates in Indo-US Summit on Higher Education...
Aug 31 2010
Globe Education Network Participates in Indo-US Summit on Higher Education
July 30 through August 1, three members of Globe Education Network’s (GEN) research and development team participated in the Indo-US Summit on Higher Education in Mumbai, India. The Indo-American Society created this summit to raise awareness of the current education status within India, ignite reform, and help build relationships between American and Indian education institutions. More than 500 delegates from around the globe attended this interactive forum, including vice chancellors, deans, professors, principals, directors, chairmen, and many others in the fields of education and business.
The Union Minister for Human Resource Development (HRD) and Education, Kapil Sibal, led the summit inauguration and presented staggering facts on the eminent need for more higher education opportunities within India. He stated that “220 million children go to school in India out of which only 14 million reach college . . . our economy cannot sustain with such numbers.” Sibal stressed the need for collaborations and partnerships between organizations in the field of education and stated that India has set a target of 60 million students reaching university level by 2020. Sibal also stated, “Presently, there are 500 universities and about 25,000 colleges in the country. India needs another 800 universities and 40,000 colleges to enable more than 40 million children to avail to college education.”
Dr. Andrea Olson (Director of Research and Development), Trace Martin (International Project Manager), and Aravind Arasavilli (International Admissions Officer), with other summit delegates.
Dr. Andrea Olson, Director of GEN’s Research and Development (R&D) division stated how impressed she was with the realization of the higher education community of how deeply the impact of education is tied to the further economic growth of India. Trace Martin, International Project Manager of GEN’s R&D team commented, “The Indo-US summit gave me amazing insight into the size and scope of how impressive India’s current education initiative really is.” Aravind Arasavilli, a Globe University MBA alumnus and International Admissions Officer on the R&D team, commented, “This summit has provided knowledge, vision of empowering education in India, and the requirement of universities to meet the demand of providing quality education.”
Aravind also stated that the sessions were well structured to encompass all different levels within the higher education sector. Academic leaders provided cross-border metrics and analyses to compare the different levels, and delegates examined policies and procedures for curriculum sharing between two foreign universities.
Overall, this was a tremendous opportunity for raising awareness of current education initiatives and igniting momentum to expand higher education opportunities within India. It was a great opportunity for GEN to be represented and to be a part of the future growth and development of a more global, higher education network.
More information about the conference is available on the Indo-American Society web site: http://indoamericansociety.org/events/IAS%20Folder.pdf
Additional photos of the interaction at the summit are available on the India Chamber of Commerce web site: http://www.indiachamber.org/gallery/Indo-US%20Education%20Summit,%20Mumbai/index.html
Broadview University (formerly Utah Career College) is part of Globe Education Network, a collaborative body of career colleges, universities and training centers that have common ownership and share academic and administrative support services for the benefit of students.
Tags: Broadview University, higher education, higher education
BVII.. $2.50 Earnings..
Broadview Institute, Inc. Announces First Quarter Results
MINNEAPOLIS, Aug 12, 2010 /PRNewswire via COMTEX/ -- Broadview Institute, Inc. (BVII, Trade ) today reported revenues for the first quarter ended June 30, 2010 of $5,440,260 versus $3,974,822 reported for the same period last year. Net income totaled $446,731, or $0.05 per basic and diluted common share, versus net income of $356,240, or $0.04 per basic and diluted common share, for the same period last year.
"Our revenue growth and improved bottom line reflect our increased enrollments, which is a direct result of successfully opening new branch locations," said Terry Myhre, the Company's Chairman. "We are scheduled to open our third branch location in Salt Lake City this October.
"In keeping with our organic growth initiative, we are also planning to open our first branch location in Idaho during January 2011," Myhre added.
Condensed Consolidated Statements of Income Data
------------------------------------------------
Three Months Ended
June 30,
--------
2010 2009
---- ----
REVENUES $5,440,260 $3,974,822
OPERATING EXPENSES
Educational services and
facilities 3,539,126 2,606,661
Selling, general and
administrative expenses 1,190,953 815,173
--------- -------
TOTAL OPERATING EXPENSES 4,730,079 3,421,834
--------- ---------
OPERATING INCOME 710,181 552,988
OTHER INCOME 8,702 5,541
----- -----
INCOME BEFORE TAXES
718,883 558,529
INCOME TAX EXPENSE 272,152 202,289
---- ----
NET INCOME $446,731 $356,240
======== ========
EARNINGS PER COMMON SHARE:
BASIC: $0.05 $0.04
===== =====
DILUTED: $0.05 $0.04
===== =====
Condensed Consolidated
Balance Sheets
----------------------
June 30, March 31,
2010 2010
---- ----
Current Assets $7,039,453 $6,591,367
Total Assets 9,777,366 8,876,540
Current Liabilities 1,241,703 1,027,118
Total Liabilities 1,660,778 1,309,683
Stockholders' Equity 8,116,588 7,566,857
About Broadview Institute
Broadview Institute, Inc., a Minnesota corporation, offers career-focused post-secondary education services through its wholly-owned subsidiary, C Square Educational Enterprises, Inc. (d/b/a Broadview University). Broadview University is accredited by the Accrediting Council for Independent Colleges and Schools to award undergraduate degrees in a variety of career-focused fields of study, and a Master of Science degree in management.
The Company is publicly traded on the OTC Bulletin Board under the trading symbol BVII.
BVII - Interesting, a publicly traded institute of higher education.
One thing to keep an eye on will be the development of legislation that may reduce or limit taxpayer funded grants and loans to students of "for profit" universities and technical schools.
I'm not sure it applies to broadview, but I recall reading something about it a few weeks ago.
Broadview Institute, Inc. Announces 4th Quarter and Fiscal Year-End Results
PR Newswire - Jul 01 at 16:00
Company Symbols: NASDAQ-OTCBB:BVII
MINNEAPOLIS, July 1 /PRNewswire-FirstCall/ -- Broadview Institute, Inc. (OTC Bulletin Board: BVII) today reported revenues for the fourth quarter ended March 31, 2010 of $5,339,994 versus $3,570,879 reported for the same period last year. The Company posted net income of $719,274 or $0.09 per basic and $0.08 per diluted common share, versus net income of $171,574, or $0.02 per basic and diluted common share, for the same period last year.
Revenues for the twelve months ended March 31, 2010 totaled $19,041,087 versus $12,423,495 for the same period last year. Net income for the twelve months ended March 31, 2010 totaled $2,035,155 or $0.25 per basic and $0.23 per diluted common share, as compared to $298,315, or $0.03 per basic and diluted common share for the same period in the previous year.
&;As expected, we are pleased to report another solid quarter and much improved fiscal year earnings when compared to the previous year,&; commented Terry Myhre, the Company&;s Chairman. &;We believe these financial results and our current financial condition support our commitment to our organic growth model.
&;This is an exciting time for our company,&; Myhre continued. &;Most notably, we are pleased to announce:
-- We have changed the name of our schools to Broadview University for all
our residential locations and online programs;
-- Broadview University will open a new branch campus in Salt Lake City,
Utah during October 2010;
-- The Salt Lake City campus will be offering four new Bachelor of Fine
Arts programs in sequential imaging, graphic design, game art and
entertainment design;
-- Broadview University will begin offering our first graduate degree, a
Master of Science in Management with emphases in information technology,
healthcare management and management leadership;
-- Broadview University is planning to open an additional branch campus in
the Boise, Idaho market during calendar year 2011."
Condensed Consolidated Statements of Income Data
Three Months Ended Twelve Months Ended
March 31, March 31,
2010 2009 2010 2009
REVENUES $ 5,339,994 $ 3,570,879 $ 19,041,087 $ 12,423,495
OPERATING EXPENSES
Educational services
and facilities 3,113,583 2,491,182 11,742,192 8,870,888
Selling, general and
administrative expenses 1,048,264 805,138 4,033,786 3,135,703
TOTAL OPERATING
EXPENSES 4,161,847 3,296,320 15,775,978 12,006,591
OPERATING INCOME 1,178,147 274,559 3,265,109 416,904
OTHER INCOME 7,325 5,588 24,816 37,985
INCOME BEFORE TAXES 1,185,472 280,147 3,289,925 454,889
INCOME TAX EXPENSE 466,198 108,573 1,254,770 156,574
NET INCOME $ 719,274 $ 171,574 $ 2,035,155 $ 298,315
INCOME PER COMMON
SHARE:
BASIC: $ 0.09 $ 0.02 $ 0.25 $ 0.03
DILUTED: $ 0.08 $ 0.02 $ 0.23 $ 0.03
Condensed Consolidated
Balance Sheets
March 31, March 31,
2010 2009
Current Assets $ 6,591,367 $ 3,603,064
Total Assets 8,876,540 6,313,861
Current Liabilities 1,027,118 748,042
Total Liabilities 1,309,683 979,659
Stockholders' Equity 7,566,857 5,334,202
About Broadview Institute
Broadview Institute, Inc. offers private career-focused post-secondary education services through its wholly-owned subsidiary, C Square Educational Enterprises, Inc. (d/b/a Broadview University). Broadview University has campuses located in the Utah cities of West Jordan, Layton, and Orem, and will be opening a branch campus in Salt Lake City, Utah in October 2010.
Broadview University delivers its career-focused education to students through traditional classroom settings as well as through online instruction. Broadview University is accredited by the Accrediting Council for Independent Colleges and Schools to award diplomas, Associate of Applied Science, Bachelor of Science and Bachelor of Fine Arts degrees for multiple business and healthcare careers, and a Masters of Science degree in management.
The Company is publicly traded on the OTC Bulletin Board under the trading symbol BVII.
Cautionary Statements
Certain statements contained in this release, in filings made with the Securities Exchange Commission (SEC), and other written and oral statements made from time to time by the Company that are not statements of historical or current facts should be considered forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations or forecasts of future events. Such statements can be identified by the use of terminology such as &;anticipate,&; &;believe,&; &;estimate,&; &;expect,&; &;intend,&; &;may,&; &;could,&; &;possible,&; &;plan,&; &;project,&; &;should,&; &;will,&; &;forecast,&; and similar words or expression. Forward-looking statements cannot be guaranteed and actual results may vary materially due to the uncertainties and risks, known and unknown, associated with such statements. Factors affecting the forward-looking statements in this release include those risks described from time to time in our reports to the SEC (including our Annual Report on Form 10-K). Investors should not consider any list of such factors to be an exhaustive statement of all of the risks, uncertainties or potentially inaccurate assumptions investors should take into account when making investment decisions. Shareholders and other readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements.
Factors that could cause actual results to materially differ from those discussed in the forward looking statements include, but are not limited to, those described in &;Item 1A – Risk Factors&; included in the Company&;s Annual Report on Form 10-K. The performance of our business and our securities may be adversely affected by these factors and by other factors common to other business and investments, or to the general economy. For further information regarding risks and uncertainties associated with Broadview Institute&;s business, please refer to Broadview Institute&;s SEC filings, including, but not limited to, its Annual Report on Form 10-K, quarterly reports on Form 10-Q and required reports on Form 8-K, copies of which may be obtained by contacting Broadview Institute at (651) 332-8010.
All information in this release is as of July 1, 2010. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company&;s expectations.
SOURCE Broadview Institute, Inc.
SECURITY ADDITIONS
DL Date Symbol Company Name Effective Date OATS Reportable Flag Comments
4/3/1998 NWTL** Northwest Teleproductions Inc 4/3/1998
NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name New Symbol/Name
3/31/2000 4/3/2000 NWTL** Northwest Teleproductions Inc BDVM Broadview Media Inc
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=NWTL&OTCBB=ALL
NAME/SYMBOL CHANGES
DL Date Date Old Symbol/Name New Symbol/Name
8/14/2006 8/15/2006 BDVM Broadview Media Inc. Common Stock BVII Broadview Institute, Inc. Common Stock
http://www.otcbb.com/asp/dailylist_search.asp?DirectSymbol=BDVM&OTCBB=ALL
BVII.. $2.65 Original IDEA Cross post..
Posted by: hweb2 Date: Tuesday, April 06, 2010 3:32:46 PM
In reply to: None Post # of 126576
Anyone follow BVII? Stock seems completely unknown. Not as low a P/E as others here, but strong growth in a hot sector. Fully-taxed fiscal Q3 earnings of .074/share vs. breakeven last year. Q3 revenues up 53%. Decent balance sheet with .47/share in cash.
Sounds like revenues & earnings will continue to increase along with increases in enrollment and tuition rates. Plus they plan on opening a fourth campus in 2010. Seems like we could see quarterly earnings in the .10-.15/share range later this year. Couple of easy comps coming up.
Broadview Institute, Inc. Announces 3rd Quarter Results
Press Release Source: Broadview Institute, Inc. On Thursday February 18, 2010, 4:00 pm EST
MINNEAPOLIS, Feb. 18 /PRNewswire-FirstCall/ -- Broadview Institute, Inc. (OTC Bulletin Board:BVII.ob - News) today reported revenues for its third quarter ended December 31, 2009 of $5,185,421 versus $3,340,080 reported for the same period last year. Â The Company posted net income of $672,561, or $0.08 per basic and $0.07 per diluted common share, compared to net income of $35,132, or $0.00 per basic and diluted common share, for the same period last year.
Year-to-date revenues totaled $13,701,093 in fiscal 2010 versus $8,852,616 for the same period last year. Â Net income for the nine months ended December 31, 2009 totaled $1,315,881 or $0.16 per basic and $0.15 per diluted common share, as compared to $126,741, or $0.01 per basic and diluted common share for the same period in the previous year.
"We have accomplished a great deal in the past 15 months," said Terry Myhre, the Company's Chairman. Â "We are very proud of our success to date and we are optimistic about what the future holds for our company as we continue to pursue our growth plans."
"Utah Career College has experienced enrollment growth at each of our 3 residential campuses and we are on track to add an additional branch campus in the 2010 calendar year," Myhre added. Â "We have also achieved some revenue growth through the introduction of fully online programs, and we are in the process of pursuing the appropriate approvals to offer additional online programs, introduce a Masters degree program, and rebrand our school in order to expand our reach into new markets."
Condensed Consolidated Statements of Operations Data ---------------------------------------------------- Three Months Ended Nine Months Ended December 31, December 31, ------------------ ----------------- 2009 2008 2009 2008 ---- ---- ---- ---- REVENUES $5,185,421 $3,340,080 $13,701,093 $8,852,616 OPERATING EXPENSES Educational services and facilities 3,068,383 2,417,946 8,628,609 6,379,706 Selling, general and administrative expenses 1,068,913 852,895 2,985,522 2,330,565 --------- ------- --------- --------- TOTAL OPERATING EXPENSES 4,137,296 3,270,841 11,614,131 8,710,271 --------- --------- ---------- --------- OPERATING INCOME 1,048,125 69,239 2,086,962 142,345 OTHER INCOME 6,392 9,617 17,491 32,397 ----- ----- ------ ------ INCOME BEFORE INCOME TAXES 1,054,517 78,856 2,104,453 174,742 INCOME TAX EXPENSE 381,956 43,724 788,572 48,001 ------- ------ ------- ------ NET INCOME $672,561 $35,132 $1,315,881 $126,741 ======== ======= ========== ======== BASIC NET INCOME PER SHARE $0.08 $0.00 $0.16 $0.01 ===== ===== ===== ===== DILUTED NET INCOME PER SHARE $0.07 $0.00 $0.15 $0.01 ===== ===== ===== ===== Condensed Consolidated Balance Sheets ------------------------------------- December 31, March 31, 2009 2009 ---- ---- Current Assets $5,295,110 $3,603,064 Total Assets 7,854,638 6,313,861 Current Liabilities 769,726 748,042 Total Liabilities 1,039,555 979,659 Stockholders' Equity 6,815,083 5,334,202
About Broadview Institute
Broadview Institute, Inc. offers career-focused post-secondary education services through its wholly-owned subsidiary, C Square Educational Enterprises, Inc. (d/b/a Utah Career College). Â Utah Career College has campuses located in the Utah cities of West Jordan, Layton and Orem and is accredited by the Accrediting Commission of Career Schools and Colleges to award diplomas and Associate in Applied Science and Bachelor of Science degrees for multiple business and healthcare careers. UCC delivers its career-focused education to students through traditional classroom settings as well as through online instruction.
The Company is publicly traded on the OTC Bulletin Board under the trading symbol BVII.
Cautionary Statements
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations or forecasts of future events and can be identified by the use of terminology such as "believe," "estimate," "expect," "intend," "may," "could," "will," and similar words or expressions. Any statement that is not based upon historical facts should be considered a forward-looking statement. Â Forward-looking statements cannot be guaranteed and actual results may vary materially due to the uncertainties and risks, known and unknown, associated with such statements. Factors affecting the forward-looking statements in this release include those risks described from time to time in our reports to the Securities and Exchange Commission (including our Annual Report on Form 10-K). Â Investors should not consider any list of such factors to be an exhaustive statement of all of the risks, uncertainties or potentially inaccurate assumptions investors should take into account when making investment decisions. Shareholders and other readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements.
For further information regarding risks and uncertainties associated with Broadview Institute's business, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Broadview Institute's SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting Broadview Institute at (651) 332-8010.
All information in this release is as of February 18, 2010. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
BVII $2.65
Cross Post..
Posted by: hweb2 Date: Tuesday, June 29, 2010 1:41:52 PM
In reply to: None Post # of 126482
BVII.OB 10K out and it looks good, although not going to matter much on such a bloody market day. Fiscal Q4 earnings of .08/share vs .02/share prior year. Q4 revenues up 50%. Cash position increased to .61/share.
Outlook seems bullish. New campus opening in October. From the 10K:
The Company is in the process of rebranding itself for the purpose of future expansion both in campus locations as well as program and degree offerings. The following events related to this rebranding and expansion plan occurred subsequent to March 31, 2010:
• Effective April 26, 2010, Broadview University received approval for accreditation from the ACICS to award diplomas, Associate of Applied Science and Bachelor of Science degrees for multiple business and healthcare careers at our West Jordan, Layton and Orem campuses. Additionally, we received approval on May 5, 2010 to begin offering a Master of Science degree in management. Broadview University was formerly accredited by the Accrediting Commission of Career Schools and Colleges.
The change in accrediting bodies was a significant step in the Company’s overall growth plan for degree-level and geographic expansion, including a significant growth in online program offerings. ACICS is recognized by the Council for Higher Education Accreditation, which is a non-profit organization that, in addition to the U.S. Department of Education, serves as an authority on the quality of national, regional and specialized accrediting bodies.
Broadview University has submitted applications with ACICS for the addition of several new programs at our existing campuses for both residential and online delivery. The Company expects to receive ACICS approval of additional programs in time for Broadview University to enroll students for its academic quarter beginning October 2010.
• Effective May 19, 2010, C Square Educational Enterprises, Inc. changed its registered d/b/a with the State of Utah from Utah Career College to Broadview University. The Company selected the Broadview University name in anticipation of expansion outside of Utah and is in line with management’s intent to market all current and future locations and programs under a single brand name.
• Broadview University received final ACICS approval on May 21, 2010 to commence operations of a new branch campus in Salt Lake City, Utah. The Company anticipates operations for this campus to commence in October 2010. The Salt Lake City campus will offer many of the same courses already in place at the existing campuses, as well as many of the new programs currently in the application process, including arts and entertainment related programs.
BVII.. $2.65 Cross post.. Friday, July 02, 2010 12:21:41 AM
Posted by: mandjb Date: Friday, July 02, 2010 12:21:41 AM
In reply to: hweb2 who wrote msg# 126476 Post # of 126576
BVII issued their PR - looks good
http://finance.yahoo.com/news/Broadview-Institute-Inc-prnews-1411793517.html?x=0&.v=1
MINNEAPOLIS, July 1 /PRNewswire-FirstCall/ -- Broadview Institute, Inc. (OTC Bulletin Board:BVII.ob - News) today reported revenues for the fourth quarter ended March 31, 2010 of $5,339,994 versus $3,570,879 reported for the same period last year. The Company posted net income of $719,274 or $0.09 per basic and $0.08 per diluted common share, versus net income of $171,574, or $0.02 per basic and diluted common share, for the same period last year.
Revenues for the twelve months ended March 31, 2010 totaled $19,041,087 versus $12,423,495 for the same period last year. Net income for the twelve months ended March 31, 2010 totaled $2,035,155 or $0.25 per basic and $0.23 per diluted common share, as compared to $298,315, or $0.03 per basic and diluted common share for the same period in the previous year.
"As expected, we are pleased to report another solid quarter and much improved fiscal year earnings when compared to the previous year," commented Terry Myhre, the Company's Chairman. "We believe these financial results and our current financial condition support our commitment to our organic growth model.
"This is an exciting time for our company," Myhre continued. "Most notably, we are pleased to announce:
•We have changed the name of our schools to Broadview University for all our residential locations and online programs;
•Broadview University will open a new branch campus in Salt Lake City, Utah during October 2010;
•The Salt Lake City campus will be offering four new Bachelor of Fine Arts programs in sequential imaging, graphic design, game art and entertainment design;
•Broadview University will begin offering our first graduate degree, a Master of Science in Management with emphases in information technology, healthcare management and management leadership;
•Broadview University is planning to open an additional branch campus in the Boise, Idaho market during calendar year 2011."
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Broadview Institute (BVII)_This Stock Moves On Air_HEAVY Insider Buying
Broadview Institute (BVII) with it's super LOW FLOAT and INSIDER BUYING the share price is only going to explode upwards
Broadview Institute (BVII):
Broadview Institute (BVII) is the parent company of Broadview University based in Utah offering more than 30 degree programs. It operates 5 campuses located in the cities of Layton, Orem, Salt Lake City, and West Jordan in Utah. In 2011 Broadview University expanded across state lines to Boise, Idaho.
Broadview University is accredited by the Accrediting Council for Independent Colleges and Schools to award diplomas, undergraduate degrees, and masters degrees in various fields of study.
#1-Flying low under the radar with a super low float of just 1.69 Million shares, this stock moves on air, with volume it is likely to easily set new highs!
#2-Heavy Insider Buying:
Ask yourself this, who knows more about the company, you or the INSIDERS, of course the INSIDERS do and they are BUYING!
-In 2013 Terry L. Myhre the Chairman of the Board of Directors purchased over ONE MILLION Dollars of stock, $ 1 156123 Million to be exact -SEC Filings Form 4's dated 3/29/2013 and 12/31/2013
-Less than 1 week ago Terry L. Myhre the Chairman of the Board of Directors purchased over FOUR MILLION Dollars of stock $4,900,000 to be exact - SEC Filings Form EX-10. In the SEC Filing he stated "I am acquiring the Common Shares for my account for investment purposes only and not with a view to their resale or distribution. I have no present intention to divide my participation with others or to resell or otherwise dispose of all or any part of the Common Shares"
Wow, talk about a MAJOR BUY SIGNAL!!
Ask yourself this, who knows more about the company, you or the INSIDERS, of course the INSIDERS do and they are BUYING!
#3-Cash on hand INCREASED from $202 136 to a WHOPPING $6 340 609 (over 6 Million Dollars) -SEC Filing 10Q dated February 14 2014
#4-Total Current assets INCREASED from $660 489 to $6 602 710 (over 6.5 Million Dollars)...approximately a 10 fold increase -SEC Filing 10Q dated February 14 2014
#5-Over 10 Million Dollars in revenues for the 9 month period ending December 31st 2013-SEC Filing 10Q dated February 14 2014
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