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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc

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To: The Street who wrote (1551)4/18/1999 2:48:00 PM
From: Edward Mamula   of 1702
 
From RTIN 10K:

Net Income. The Company had a net income for the fiscal year ended December 31, 1997 of $119,386 compared to net income of $234,937 for fiscal year ended December 31, 1996, representing $.02 and $.04 per share, respectively.

I don't know the history of RTIN very well... perhaps this profit was recorded when the company was still private, or when it was trading under FLTT. In any event, they had been profitable in the past, but lost money in fiscal 1998.

If ROTI's projection of profitability in Q4 '99 holds true, we should see a much higher share price. Time will tell.
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