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timetomakemoney

08/01/13 9:37 AM

#1158 RE: timetomakemoney #1157

Here are the Numbers from the Last 10Q:


FUTURE HEALTHCARE OF AMERICA
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS

















Jan. 1 to Mar. 31, 2013

Jan. 1 to Mar. 31, 2012









REVENUE






Total Revenue
$
1,212,611
$
1,008,294









COST OF SERVICES






Total Cost of Services

838,862

669,060









Gross Profit

373,749

339,234









OPERATING EXPENSES






Selling expenses

20,287

17,392


General and administrative

105,604

86,351


Salaries, wages and related expenses

161,184

139,260


Consulting fees

57,740

4,156


Total Operating Expenses

344,815

247,159


INCOME FROM OPERATIONS

28,934

92,075









OTHER INCOME (EXPENSE):






Interest income

11

96


Interest expense

0

0


Other income

2,387

875


Total Other Income

2,398

971


INCOME BEFORE INCOME TAXES

31,332

93,046


CURRENT INCOME TAX EXPENSE (BENEFIT)

0

0


DEFERRED INCOME TAX EXPENSE (BENEFIT)

0

0


NET INCOME AVAILABLE TO COMMON SHAREHOLDERS
$
31,332
$
93,046
















BASIC INCOME PER COMMON SHARE

0.003

0.01


BASIC WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING

10,063,249

10,063,249


DILUTED INCOME PER COMMON SHARE

0.003

0.01


DILUTED WEIGHTED AVERAGE COMMON SHARES
OUTSTANDING

10,063,249

10,063,249

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Cobra Kai

08/01/13 9:38 AM

#1159 RE: timetomakemoney #1157

If you back out the 30-40,000 in consulting cost they would have a little more profit in the first quarter

I think this is a play on potential more than anything- while the numbers in the Q are very important this company has a very clean balance sheet and trades around 25% under assets which is rare in penny stocks and at 16-17 cents with a clean balance sheet and looking at around 5 million in revenues and strong management I'm excited about what this company will look like in 2-3 years with some of the players involved