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Magnum7419

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Magnum7419

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Wednesday, 04/09/2014 3:44:18 PM

Wednesday, April 09, 2014 3:44:18 PM

Post# of 37358
Revenues for the fourth quarter ending December 31, 2013 increased to $423,000

Revenues for the fourth quarter ending December 31, 2013 increased to $423,000 compared to $47,250 for the same period of 2012. The increase in revenues was due to an increased number of contracts signed and initial non-refundable consulting fees. Gross profit for the quarter was $278,000, or 65.7% gross profit margin, compared to a negative gross profit of $(508,000), or (10.8%) negative gross profit margin, in the fourth quarter of 2012.
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