Bought WSHA .05. Profitable last Q, good growth, under accumulation on very large volume yesterday and today for this stock. Spoke with the co. Several positive developments that should be announced soon. Possible sale of a subsidiary to extinguish debt. On track for profitable Q. Looks like a moonshot if it breaks .10. Good stock for Oct. Love the increase in margins.
During the three (3) month period of operations ended June 30, 2003, Westsphere and its subsidiaries generated net income of $32,142, while income from operations of $13,805 were realized for the same period from the previous year. The total revenue earned during the second quarter of year 2003 increased by approximately $32,376 to $705,955 from total revenue earned during the same period from the previous year of $673,579. This increased revenue was primarily due to an increase in residual and interchange income. Westsphere's gross margin has increased from 38% to 45%.
Buzz
