InvestorsHub Logo
Followers 0
Posts 269
Boards Moderated 0
Alias Born 08/08/2007

Re: Investor2000 post# 2075

Wednesday, 05/20/2009 9:22:30 AM

Wednesday, May 20, 2009 9:22:30 AM

Post# of 9792
Check out this from the last filing according to question round #2

Year Ended December 31, 2008 compared to the Year Ended December 31, 2007.

Revenue

Total revenue was $1,417,724 for the year ended December 31, 2008 compared to $1,452,879 during the year ended December 31, 2007, a decrease of $35,155, or 2%. The decrease in revenues was due to a reduction in completed inspections that occurred during the fourth quarter of 2008. Additionally, the Company had initiated a fairly large project which consumed staff time in the fourth quarter, but due to the revenue recognition policies of the Company, the revenue was not recorded until after completion, which was in the first quarter of 2009. As ADA litigation continues to increase across the United States, and the Federal Government continues to tie Federal funding to requiring ADA compliance the Company expects to see both continued growth and demand for its range of products and services.