Winners Internet Network, Inc. Releases Third Quarter and 9-Month Unaudited Pre-Tax Earnings Report. ST. AUGUSTINE, Fla., Dec 1, 1999 (BUSINESS WIRE) http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=12152829 (COMTEX) B: Winners Internet Network, Inc. Releases Third Quarter and B: Winners Internet Network, Inc. Releases Third Quarter and 9-Month Unaudited Pre-Tax Earnings Report ST. AUGUSTINE, Fla., Dec 1, 1999 (BUSINESS WIRE) -- David C. Skinner, Jr., President and CEO of Winners Internet Network, Inc. (OTC BB: WINR) announces WINR's third quarter and year-to-date earnings.
Through the third quarter of 1999 WINR has earned $.07 per share (unaudited pre-tax) with a breakdown of revenues forwarded from WINR's Certified Public Accountant as follows:
Total Revenue (9 months) $1,526,777 Total Expenses 505,695 Net Profit $1,021,082
Net Profit Per Share Common Stock $ .07
Weighted Average Shares Outstanding 15,127,705
The unaudited pre-tax Net Profit Per Common Share earnings of WINR is as follows:
First Quarter 1999 $ .01 Second Quarter 1999 .03 Third Quarter 1999 .03
Total Cumulative Net Profit Per Common Share through September 30, 1999 $ .07
Further, Mr. Skinner announces that his "CEO Interview" with the Wall Street Transcript was released and published in their November 15, 1999 issue.
Information contained in this news release other than historical information should be considered forward-looking and is subject to various risk factors and uncertainties. For instance, the strategies and operations of Winners Internet Network, Inc. involve risks of competition, changing market conditions, changes in laws and regulations affecting these industries and numerous other factors discussed in this release. Accordingly, actual results may differ materially from those in any forward-looking statements.
Copyright (C) 1999 Business Wire. All rights reserved.
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