Replies to post #17461 on UnifiedOnline Inc fka UOIP

[kheb88]

What facts ? Are you on IceWeb or some board like Intel, Microsoft, Apple, etc.? Get real !!!

It is a penny stock and there are no facts. Just hope ... We are hoping that these cloud customers who are happening at a rate of a new customer every week will take this stock beyond our imagination.

Cheers

Hebman

[retiredanalyst]

It's just when I examine IWEB's 10-Q's and 10-K's, these financials filings from IWEB paint a picture with financial results headed clearly in the wrong direction. For example, 2012 financial results were worse in a lot of different metrics versus 2011 results. , i.e., slightly lower to flat revenue growth in 2012 versus 2011.

2011 Revenues $2,678,346
2012 Revenues $2,640,520

And while the company did marginally lower total operating expenses in 2012 versus 2011, IWEB still posted record net losses.

2011 Total Operating Expenses $5,221,078
2012 Total Operating Expenses $5,086,545

2011 Net Loss $(4,705,291)
2012 Net Loss $(6,485,048)

With net losses of $6,485,048 for the year, this gives us a cash burn rate of $540,420 per month,
$6,485,048 divided by 12 months = $540.420 net losses per month.

And meanwhile, Shareholder deficits keep getting deeper.

2011 Shareholder Accumulated Deficit $(34,328,080)
2012 Shareholder Accumulated Deficit $(40,813,128)

It is my opinion that IWEB business model is broken financially.