Maybe because it not just the magazine anymore
OLD PROJECTED YEARLY INCOME
(PINKSHEETS: IMGW) to offer a new online service. This year the Company expects revenues of around $25,000; $100,000 in 2009 and $250,000 in 2010.
NEW QUARTER PROJECTED
Revenues for the three months ended March 31, 2009 ("First Quarter 2009") were $1,179,559.97 compared with $501,460 for the three months ended March 31, 2008 ("First Quarter 2008"). That is an increase of 135% or $678,099.97 for the quarter.
Gross Profits for the three months ended March 31, 2009 ("First Quarter 2009") were $406,780.26 compared with $167,968 for the three months ended March 31, 2008 ("First Quarter 2008"). That is an increase of 142% or $ 238,812.26 for the quarter.
Net Income for the three months ended March 31, 2009 ("First Quarter 2009") was $98,563.63 compared with a loss of ($133,257) for the three months ended March 31, 2008 ("First Quarter 2008"). That is an increase of $277,418.16 in Net Profit for the quarter.