ALL: I would be interested in some discussion of 2 things...
A. The benefits to GoProfit of the merger between Global Crossing and US WEST, since Global Crossing is acquiring Frontier Corp (the parent company of Frontier GlobalCenter with whom GoProfit has contracted).
This merger news has been front page news in our local newspapers for the past 3 days.
B. The latest 10Q filed 5-17-99. Here are some particular points I find interesting...
1) EPS (.00) this 3 months vs. (.02) last year.
2) Outstanding Shares: 4.9 million (plus 18,000 Pref Class B)
3) Cash used for acquisitions.
4) Favorable resolution of the lawsuit they had against Tru-Tel Communications.
5) From Page 9, "The Company believes that its existing cash and anticipated cash generated from operations will be sufficient to satisfy its currently anticipated cash requirements for fiscal year 1999."
6) From Page 10, "RESULTS OF OPERATIONS - The Company generated revenues from the new operations of $1,099,474 with cost of sales of $457,938, and a gross profit of $641,536 for the nine months ended March 31, 1999. The Company's gross margin for the nine months was 58%. Because there were no operations during fiscal 1998, there are no comparatives in this area."
7) Also from Page 10, "No demand has yet been made on the Company by the Preferred shareholders."
8) And of course... GoProfit.com |
