OT for tophat..I can only say that it is related to new customers and lots of em.
Minimum per houshold $29 per month avg. $56 per month X 12 months X 3000 customers they already have plus what's coming not including pay per view which is about to go live. and broadband, cable, cell and regular phone service. I have known these people behind company 20 years, I predict a dollar before summers end.
Rock bottom now too.
Revenues:
Revenues for the years ended December 31, 2006 were $1,013,817 compared to $773,230 in the year ended December 31, 2005. This resulted in an increase in revenues of $240,587 or 31%, from the same period one year ago. The increase was due to enhanced service offerings and a price increase to our customers.
Cost of sales:
Cost of sales for the year ended December 31, 2006 was $803,464, a decrease of $117,270, or 17%, from $686,194 for the year ended December 31, 2005. The decrease was due to eliminating underutilized circuits.
Gross profit for the year ended December 31, 2006 was $210,353, an increase of $123,317 or 142% as compared to $87,036 for the year ended December 31, 2005. Gross profit as a percentage of revenue for the years ended December 31, 2006 and 2005 were 21% and 11%, respectively.
