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from the 8-K:
company is increasing the A/S up to at least 900 Mill.
for the rest i have no clue ;-( but not looking good
interesting part of the 10Q:
For the nine months ended March 31, 2010, gross margins increased by 9600% to $1,550,956 from $15,982 in the same period in 2009. These improvements reflect the successful implementation of management's previously stated key objectives of developing higher margin products and services within the channel.
we`ll see if they can handle their debts GLTA
very very promising news but obviously people ignore this little company; strange !
FLTT could develop into a classic turnaround story; would love to see some insiderbuying GLTA
sorry for the suboptimal linking but i missed their latest filing on pinksheets:
Results of Operation
1. Operating Results for the Years Ended December 31, 2009 compared to
December 31, 2008
During the year ended December 31, 2009 our revenues were $2,411,244 as
compared to $989,036 during the year ended December 31, 2008. This increase
of $1,422,208, or 144%, is primarily the result our acquisition of Schuylkill Open
MRI, Inc. and the revenues that our wholly owned subsidiary FirstView produces.
On September 1st, 2009 FirstView received from one its largest customers a 90
day notice of termination of their master services agreement. This customer
represented about 35% of FirstView’s overall revenues.
Our cost of revenues during the year ended December 31, 2009 was $669,890
as compared to $240,089 during the year ended December 31, 2008. Cost of
revenues as a percentage of revenues were 28% during the year ended
December 31, 2009 as compared to 24% during the year ended December 31,
2008. This increase of $429,801 or 4% is a direct result of the increased
revenues with our change in operational focus. Although there can be no
assurance, we anticipate cost of revenues to remain within the range of 10% to
30% of revenues in the foreseeable future.
Our selling, general and administrative expenses during the year ended
December 31, 2009 were $1,924,982 as compared to $1,388,019 during the year
ended December 31, 2008. The increase of $536,963, or 39%, was the direct
result of our acquisition of two wholly owned subsidiaries and their related
operational expenses. While we cannot guarantee a specific trend, we are
continually working to minimize our selling, general and administrative expenses
that will allow our revenues to sufficiently cover these expenses
Pursuant to the aforementioned, we experienced a net loss from operations of
$183,628 during the year ended December 31, 2009 as compared to a net loss
from operations of $639,072 during the year ended December 31, 2008. We
expect operating losses to continue until we are able to develop and increase our
customer base and stabilize our general and administrative expenses.
During year ended December 31, 2009 we experienced a net loss on the
settlement of debt in the amount of $943,131. This net loss is the result of
various settlements of debt totaling $995,496 along with minor notes and trade
payable settlements that resulted in a gain of $52,366.
Our interest expense during the year ended December 31, 2009 was $93,412 as
compared to $268,066 during the year ended December 31, 2008. Interest
expense remained fairly constant as we reduced higher interest loans with the
increase of lower interest loans from our former President and current
18
shareholder. As of December 31, 2009, the interest rates on our notes payable
ranged from 8% to 15.91%.
Loss from discontinued operations is the result of Corpus’ bankruptcy filing.
Pursuant to the aforementioned, we experienced a net loss of $1,606,561 during
the year ended December 31, 2009 as compared to a net income of $1,404,534
during the year ended December 31, 2008. The net loss was attributed primarily
to the settlement of debt in the amount of $943,131.
i think, the next few days will test companys integrity:
... Management is currently preparing its financial statements for calendar year 2009 and plans posting these on Pink Sheets on or before April 15th, 2010. Metiscan's PCAOB audit is currently in process and, when complete, Metiscan's SEC counsel will be able to complete the preparation and filing of its registration statement with the SEC....
ouch ouch;
a R/S and increasing the A/S ? quite the worst case !!
strange, very strange such a fast name-change on I-Hub board
nothing but questions:
who was selling during the last weeks in light of the upcoming merger ??
is it a fact, that insiders are still holding ??
interesting days are ahead of us
onboard with a starter; hope it was the right time GLTAQ
why, nothing new IMO
according to their pinksheets-reports:
O/S as of 30.9.2009 139,503.048
O/S as of 31.12.2009 180,726.631
and now 26.2.2010: ~ 303,000.000 WOW
do they want to max out the A/S ?? it seems so
added at these cheap levels; i see no reason for the drop
well, at least company is on track with financials and uplisting to OTCBB
although the O/S are ~ 303 Mill., expect. revenues during 2009 ~ $ 471.000-- CTYX is way undervalued at the moment i think; let´s hope for a reversal GLTA
accord. to pinksheets; as of 26.2.2010
OS ~ 303 Mill ;Marc.Cap: $ 697.000,-
IBOX should be updated
onboard with a starter at 0,0022 ( hoping to hit the bottom )
GLTA
Blackthought once again: IMHO patience is the key in this play !!
for example:
back in April 2004 i bought LENF.OB ( now LAWE.OB ) at around $ 0,8; then the next months: nothing; boring; then in autumn 2004 out of the nirwana: the explsion; i sold at around $ 7 - 10
so i`m willing to wait here again
Blackthought, Blackthought look at my firt post:
Posted by: fullspeed Date: Friday, November 13, 2009 11:51:38 AM
In reply to: None Post # of 6920
onboard with a little starter GLTA
i think, we all should give them few months more GLTA
exactly
to me it seems that most of you are too impatient; let`s wait till april and see, if company puts out their 10Q; in the meantime let`s hope that the bottom at around 0,0025 - 0,003 helds and we get the one or the other meaningfull PR
at the Ask 0,003; 500000 pieces; always the same procedere in the last weeks with the trading IMO; but where the bottom is - who knows for real ?? i could be very wrong, but can afford to loose that money
call me crazy guys, but i`m averaging down the road; nothing has changed since the last PR except the PPS - so what ?; i do not think, that company is diluting, therefore the volume is way too low; time will tell
i`ll try to check their IR in Europe; impressiv words from that CEO:
Dear reader,
.....On the other hand many European Institutions and individuals are interested in investing in promising small and micro-cap companies but cannot get reliable information on them. This is why in 2001, I decided to create a company that would service that need, and so I began assembling the EU-IR team.
We choose our portfolio companies very carefully and every company we accept as a client must have a realistic chance to attain a tenfold return for the investor within a three-year period. We do not hype or push stocks but rather work steadily with long-term investors to build a solid and stable following throughout Europe. Then thru this EU-IR created awareness, we help our clients achieve the valuation they deserve.
Every client we accept must have a clear vision and an impressive, yet realistic, business-plan. We do get involved very closely with every company and assist in many aspects, including but not limited to strategic planning, financing and acquisitions. Our involvement is always long-term. We see ourselves as partners of the client and help them execute their vision and plan. We usually only receive modest cash compensation. We do however buy warrants and/or stock in our companies and therefore only make money along with all other shareholders when the company succeeds.
Our strategy is very simple. Pick your client/partners carefully, align your interests closely, and work very hard together. Then, when the market valuation of a company fairly reflects the underlying value, everybody wins.
Thank you for your interest and don't hesitate to call me with any question you may have, or simply send me an email.
Sincerely,
Herbert Strauss, CEO
Mail: herbert@eu-ir.com
Phone.: +43 316 296 316
Cell: +43 676 43 676 77
hmhmhm, interest is growing ?
very interesting company, but do you guys not think, that MHTX is evaluated too ambitious ? marc.cap. USD 39 Mill.
no chance today to get cheapies ;-(
i think or hope it was the bottom but nobody knows; looking at the chart i suspect PPS could go down a little bit more but let`s hope the best
yes, but only with 400000 ( today )
finally got my cheapies down there; i think end of Q1 and begin of Q2 will be very fine for us ( financials, uplisting, some contracts; the one or the other surprise ) GLTA
very boring; company should give out some info what`s going on
that`s me
a very solid outlook 2010 and timetable i think; the numbers for 2009 are expected to be very positiv; nevertheless no interest ??
wow, what happenz to GNPT ?
averaging down here hoping for bottom GLTA
averedged down a little bit at these levels
can we trust 0,02 as new bottom for a very speculative bounce ?
mhmhmh, tempting
wow, Ask at 0,1 USD
great balance sheet insert-text-here