*SCALPSWINGSTRADDLE*

[tbirdman]

AERL posted yesterday

http://finance.yahoo.com/news/Asia-Entertainment-Resources-bw-2037280385.html?x=0

•Revenue for the three and nine months ended September 30, 2010 was $28.5 million and $83.9 million, respectively, up 105% and 114% from $13.9 million and $39.2 million in the same periods of 2009
•Net Income (including pre-acquisition profit) grew 1,847% to $7.3 million and 172% to $26.7 million, respectively, in the three and nine months ended September 30, 2010 from $0.4 million and $9.8 million in the same periods of 2009, due primarily to the shift toward a more commission-based business and the overall low win rate during the quarter ended September 30, 2009.
•Non-GAAP earnings per share (EPS) derived from net income (including pre-acquisition profit) for the nine months ended September 30, 2010 was $2.15, based on a basic weighted average share count of 12,378,633, and $1.24 based on a fully diluted weighted average share count of 21,523,430.
•GAAP EPS for the three and nine months ended September 30, 2010 (based on net income after deduction of $4.3 million pre-acquisition profit) was $0.57 and $1.80, respectively, based upon the basic weighted average share counts of 12,810,908 and 12,378,633, respectively, and $0.40 and $1.04, respectively, based upon fully diluted weighted average share counts of 18,345,903 and 21,523,430, respectively.