DD – STOA From Last 10Q: The Company’s revenues are generated from one-time integration fees for the implementation of e-commerce solutions as well as recurring license and service fees including revenue shares.
Really revenue share! CITIC revenue 2012 $49,338,700,000 I understand it is revenue share of their e-commerce transactions but that’s a lot of cash and CITIC has 44 subsidiaries!
In order to accelerate the growth of the Company, it will also consider raising additional funding from investors.
A necessary part of business. I don’t like seeing VERT on the ask either… I will take the shares from VERT if it is for acceleration and not dilution into trip zero land.
Sitoa Global specializes in providing e-commerce solutions and services that facilitate multi-channel B2C (business-to-consumer) and B2B (business-to-business) transactions. Its solutions and services enable e-commerce transactions with speed and efficiency, and allow an interactive and engaging customer experience as well as targeted marketing and advertising.
The Company had a net profit of $27,494 for the three months ended March 31, 2013 as compared to a net loss of $246,445 for the three months ended March 31, 2012.
The second quarter of 2013 is over with current linear quarter over quarter progress you can project net profit for the 2nd quarter.
STOA:Will report bigger profit$ in a few days... Driven by this Giant...CTIC
CITIC is a large state-owned multinational conglomerate of the People's Republic of China, and is one of the largest diversified conglomerates in Asia with a balanced development of both financial and non-financial businesses across forty-four subsidiaries.
Ingenium Capital...invested @ 0.15/sh
STOA $8.4M rev/est, eps 0.09 this year,0.27 next year