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Gold/Mining/Energy : RG.ase - Realm Group

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To: MatthewZ who wrote (19)4/27/1999 6:08:00 PM
From: Spiney  Read Replies (1) of 65
 
Realm Group third-quarter results

Realm Group Inc RG
Shares issued 17,650,000 Apr 26 close $0.25
Tue 27 Apr 99 News Release
Mr. Glen Phillips reports
For the third quarter Realm Group had net earnings of $93,360, or one cent
per share, on sales of $778,135. Operating profit for the quarter was
$116,426.
The improved performance was due largely to dramatic sales growth, up 315
per cent over the corresponding period in 1998 and 66 per cent over the
same nine-month period a year ago.
These results represent only the third profitable quarter for the company
since going public in 1996 and is by far its biggest. Most important, is
that the revenue and profit momentum is sustainable.

------

This might explain some of the activity today.

Red - I question your information on the acquisition of the Discover Canada site...I have heard contrary information. I'm not trying to start a problem but all sides should be presented.

Someone mentioned that there was no promotion on Realm. Not correct - although he may not have the power he once did - John Kaizer is following Realm and recc. it to his readers so the company is getting it's name out there. This takes time though.

The news release speaks volumes!
An internet company that is profitable NOW!

Have to like it in the for the long haul.

spiney
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