NGHT - MUST READ, NEWS OUT, REPORTS .05 NET INCOME!
AND RECORD REVENUES
HOUSTON, Dec. 16, 2013 (GLOBE NEWSWIRE) -- NightCulture Inc. (the "Company") (NGHT) announced operating results for the nine months ended September 30, 2013, including a 71.96% increase in revenues to a record $3,441,842 for the 2013 nine months compared to $2,001,438 in the first nine months of 2012. The Company reported an operating loss of $5,270, compared to a loss from operations of $151,473 in the 2012 reporting period, and net income of $2,614,691 or $0.05 per share, compared to a net loss of $6,841,944 or ($0.14) per share in the 2012 period.
Michael Long, CEO of NightCulture, stated, "We are extremely proud of our team for achieving another period of record revenue. We will continue to work hard to strengthen our balance sheet by reducing debt and growing the business. "
The "ACTUAL FACTS OF THE COMPANY ARE BELOW"
1. Revs 5-6 Mil for 2013 and 9-10 Mil for 2014 and higher.
2. Record Revenues up 72% YOY (The numbers that Actually are paid attention too on the street)
3. Sold Out Shows all over the network
4. Is in every major city in the BIGGEST Cash Cow of a State, Texas, with a tremendous following, over 26K like on facebook and grows every day.
5. Expansion in process for 2014 only with EPS GROWTH
6. Ohh, did I mention, .05 EPS, stock should be trading at .50 at a 10x valuation, as I have said, and mark it here, when this is picked up, And it IS in the process of being, by coverage, this is a an easy and very very quick 4-5x Pop.
7. ACTUAL O/S is 57.7 Mil with a float of 17.77 Mil which makes the ACTUAL Market Val of 2.37 Mil which is less than NET INCOME, which is the best possible BUY EVER
AI
