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.