Any company that can state this in an SEC filing, based on a new agreement with a company like WalMart, deserves a market cap much, much higher than what they have now ($1.3 million). 75% profit margin? $1.8 million profit? How many pink sheet companies can generate that much cash? It's ok that they are using it to fund their new cloud based utility. Beats the **** out of needing toxic financing :)
Total revenues to increase by about 122% to approximately $2.4 million for the year ended December 31, 2010 when compared to the prior year. The revenue increase is primarily due to the launch of Registrant’s archive software in Walmart stores during the third quarter of 2010 under a software license agreement.
· Gross profit to increase to approximately $1.8 million, or 75 percent of total revenues, for the year ended December 31, 2010 when compared to the previous year, primarily due to the increased total revenues.
My posts are my opinion. Do not be influenced by anything you read on any message board website unless you can confirm it.
