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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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To: rogerover who wrote (83519)4/7/2009 1:24:54 PM
From: rogerover  Read Replies (1) of 120405
 
I need to slightly correct what I posted earlier contrasting NEIK with CTEI. Although CTEI is on the Pink Sheets (for now), they did file a 10KSB on 1/13/09 for the fiscal year ended 9/30/08, and they were profitable for the year. Revenues grew from $5.8 million in FYE 2007 to $6.7 million in FYE 2008.

They also filed a 10Q for the quarter ended 12/31/08 and reported revenues for the quarter of $2.2 million, vs. $1.2 million in the same period last year, and were profitable for the quarter.

And if anyone doesn't know why it's so thinly traded, the CEO owns 25 million of the 34 million shares currently issued and outstanding, and GPG and I own the other 9 million <g>.
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