TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Joe Copia who wrote (15465)	12/1/1999 1:22:00 PM
From: Bram12345	Read Replies (1) of 150070

IBUI - Earnings out and they look very good. Results of Operations. Revenues for the three month period ended September 30, 1999 of $261,581 increased 100% when compared with revenues of $0 in the prior year comparable period due to the start up of operations of the Company in its new business line in the first calendar quarter of 1999. The gross profits margin of 34.25% for the three months ended September 30, 1999 is a significant increase from the gross profit margin of 0% for the same three month period of the previous fiscal year. Current year margins in the past three months reflect the reopening of the business as an internet company. Selling, general, and administrative expenses for the three month ended September 30, 1999 were $86,719 when compared with the $3,488 for the prior year comparable period, again due to the reopening of the new business of the Company. The resulting profit for the three months ended September 30, 1999 was $2,979 when compared with a loss of $1,102 for the same three month period of the previous fiscal year. biz.yahoo.com

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