GHII No Dillution (ever)...Profitable (always)...@ a P/E of 1
First Quarter Highlights November 10, 2008
-- Net revenue increased 204.4% year-over-year to $29.4 million
-- Gross profit increased 131.1% year-over-year to $4.5 million, gross
margin was 15.2%
-- Operating income increased 237.8% year-over-year to $4.0 million
-- Net income increased 224.4% year-over-year to $2.4 million, or $0.04
per fully diluted share
-- Excluding non-cash debt financing expenses, adjusted net income rose
285.3% to $2.8 million, or $0.05 per fully diluted share
But that's just for One Quarter. Audited Annual Reports... www.goldhorseinternational.com
Where is the risk? Trading at $.12, High $3.00