Walker Financial Corp. (fka WLKF)

[mjbommar]

Quick scan before dinner...

So this quarters revenue obviously couldn't cover the liabilities present, but it seems to point to a bottom-and-up for revenue.

THREE MONTHS ENDED SEPTEMBER 30,
2006 % 2005 %
----------- ----- ----------- -----
Customer A $ 58,050 40% $ 59,250 69%
Customer B $ -- --% $ 14,690 17%
Customer C $ -- --% $ 9,146 11%

This also seems to indicate they are accomplishing diversification of their revenue stream (at least on the client level, not industry).

Here's the list of stock issuances during the quarter...of note is the fact that the momentum during early November was cut off by the 3.5mil share Dutchess payment. It seems simple enough to assume ARCA is managing the issuance with those ask blocks.

On August 31, 2006, the Company issued 250,000 shares of common stock to a
consultant for services provided. The common stock was valued using the market
value of such shares at $13,750.

On August 31, 2006, the Company issued 153,800 shares of common stock for the
settlement of $4,577 of accrued interest and a stock based compensation charge
of $ 1,144 as a redemption fee.

On September 11, 2006, the Company issued 45,000 shares of common stock for the
settlement of $1,339 of accrued interest and a stock based compensation charge
of $335 as a redemption fee.

On September 18, 2006, the Company issued 40,000 shares of common stock for the
settlement of $1,043 of accrued interest and a stock based compensation charge
of $261 as a redemption fee.

On September 27, 2006, the Company issued 150,000 shares of common stock for
the settlement of $2,790 of the 12% Promissory Notes.

On October 4, 2006, the Company issued 1,344,086 shares of common stock for
the repayment of $25,000 of certain debt obligations owed to Dutchess.

- On October 5, 2006, the Company issued 2,454,434 shares of common stock to
Dutchess for net cash proceeds of $34,287.

- On October 20, 2006, the Company issued 550,000 shares of common stock for
the repayment of $5,610 of certain debt obligations owed to Dutchess.

- On October 26, 2006, the Company issued 405,000 shares of common stock for
the repayment of $3,405 of certain debt obligations owed to Dutchess.

- On October 30, 2006, the Company issued 2,920,000 shares of common stock
for the settlement of $24,528 of certain debt obligations owed to Dutchess

- On November 6, 2006, the Company issued 3,848,000 shares of its common
stock for the settlement of $43,098 of certain debt obligations owed to
Dutchess.