InvestorsHub Logo
Followers 2
Posts 190
Boards Moderated 0
Alias Born 01/16/2003

Re: Snickerke post# 168

Monday, 04/02/2007 6:16:52 PM

Monday, April 02, 2007 6:16:52 PM

Post# of 1064
Nope
THIS stock IS DEAD

Operating income was negative $522,223 (including $395k in expenses associated to the launch of Maximo Impact, Inc.) versus negative $382,005 a year ago.
Net income in 2006 was negative $2,698,774 (including a $267,496 charge from discontinued operations) versus negative $4,820,142 (including a $2,294,833 charge from discontinued operations). Operating cash flow in 2006 provided record $1,917,685 versus a use of 62,948 in 2005.

- Net income in the 4th quarter of 2006 was negative $1,821,508 versus negative $3,114,103 a year ago.

“Overall we are very satisfied with 2006 results. Various non-cash items continued to negatively impact our earnings in 2006.
"These non-cash items which reached $3.2 million are primarily associated to our financing with Cornell Capital."

As we repay this financing, impacts from non-cash items will decrease overtime.

semserus

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.