Replies to post #5099 on Hank's Trading account

[10 bagger]

Costar Technologies, Inc. Announces Financial Results
for the Second Quarter Ended June 30, 2013...

Coppell, Texas – August 14, 2013 – Costar Technologies, Inc. ( CSTI reported its unaudited financial results for the quarter ended June 30, 2013 that have been compiled by the independent accounting firm Rothstein, Kass & Company, P.C.

Highlights...

• Net income of $438, or $0.30 basic earnings per share, for the three months ended June 30, 2013, as compared to $58, or $0.04 basic earnings per share, for the three months ended June 30, 2012. For the six months ended June 30, 2013 and 2012 the
Company had net income of $1,034, or $0.71 basic earnings per share, and $649, or $0.45 basic earnings per share, respectively.

• Sales increased 32% for the second quarter of 2013 as compared to the same period for 2012. Sales increased 19% for the six month period ended June 30, 2013 as compared to the same period in 2012.

• The Company paid down its line of credit to $0 and ended the quarterly period with
$706 in cash.

• Book value increased to $6.24 per share.
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Costar Technologies, Inc. Announces Financial Results for the First Quarter Ended March 31, 2013..

Coppell, Texas – May 15, 2013 – Costar Technologies, Inc. (CSTI) today announced its unaudited financial results for the quarters ended March 31, 2013 and 2012 that have been compiled by the independent accounting firm Rothstein, Kass & Company, P.C.
Highlights...

• Sales of $7,309, an increase of $693, or 10.5% from the quarter ended March
31, 2012.
• Earnings per share (shown in whole amounts), for the quarter ended March 31,
2013 were $0.41 compared to $0.41 per share for the quarter ended March 31,
2012.
• The Company secured a new one year $1,000 credit facility with Bank of Texas.

Financial Results, First Quarter of 2013 Compared to First Quarter of 2012...

Revenue for the first quarter of 2013 totaled $7,309 compared to revenue of $6,616 for the first quarter of 2012, an increase of 10.5%. The Company has continued to experience increased demand for its products from its existing customer base.

Gross profit for the first quarter of 2013 totaled $2,150. This compares to gross profit of $1,934 for the fourth quarter of 2012, an increase of 11.2%. The Company’s increased gross profit was provided by a more favorable product mix from its security customers.

Selling, general and administrative expenses from continuing operations for the first quarter of 2013 totaled $1,545. This compares to selling, general and administrative...

Costar Technologies, Inc. Announces Reverse Stock Split
Coppell, Texas – April 27, 2012 – Costar Technologies, Inc., formerly Sielox, Inc. announced today a 1:25 reverse stock split of the Company’s common stock, effective April 27, 2012. As previously announced on November 2, 2011, the stockholders of the Company authorized the Board of Directors..

(the “Board”) to implement a reverse stock split of the Company’s common stock, at a ratio to be determined by the Board, at the Company’s 2011 Annual Meeting of Stockholders. The Board elected a ratio of 1:25 for the reverse stock split, as previously
announced April 24, 2012. The Company’s ticker symbol has been appended with a fifth character, the letter “D”, and will be listed as “CSTID” for the next 20 business days, to denote the reverse stock split.

The reverse split will reduce the total number of shares of the Company’s common stock outstanding from approximately 42 million shares to 1.7 million shares, as well as reduce the number of treasury shares from approximately 5.6 million shares to 0.2
million shares. Proportional adjustments will be made to the Company’s equity compensation plans and outstanding stock option and other equity incentive awards.

As stated in the Company’s 2011 proxy statement, the total number of shares of capital stock which the Company will have the authority to issue is 20 million shares, of which 10 million shares is designated as common stock, par value $.001 per share, and 10 million shares is designated preferred stock, par value $.001 per share.