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One Ski

11/16/06 11:29 AM

#169 RE: Snickerke #168

Good cash flow but a loss in q3. "Third quarter revenues were $5,825,914 compared to $3,717,785 (excluding discontinued operations) for the same period last year, representing an increase of 57%. Operating Loss was $557,633 (including $281,221 in development costs associated to the launch of Maximo Impact during the quarter)" Lots of good news for q3 and looking forward to next qtr.
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SEMSERUS

04/02/07 6:16 PM

#172 RE: Snickerke #168

Nope
THIS stock IS DEAD

Operating income was negative $522,223 (including $395k in expenses associated to the launch of Maximo Impact, Inc.) versus negative $382,005 a year ago.
Net income in 2006 was negative $2,698,774 (including a $267,496 charge from discontinued operations) versus negative $4,820,142 (including a $2,294,833 charge from discontinued operations). Operating cash flow in 2006 provided record $1,917,685 versus a use of 62,948 in 2005.

- Net income in the 4th quarter of 2006 was negative $1,821,508 versus negative $3,114,103 a year ago.

“Overall we are very satisfied with 2006 results. Various non-cash items continued to negatively impact our earnings in 2006.
"These non-cash items which reached $3.2 million are primarily associated to our financing with Cornell Capital."

As we repay this financing, impacts from non-cash items will decrease overtime.