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CYAA fantastic earnings. I gave this one a while back.
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Friday May 21, 2:00 pm Eastern Time
Company Press Release
CyberAmerica Corp. Files 10Q Reports Earnings of $.11 / Share
Revenue Increase of 569% for Same Period Last Year
OASIS, Nev.--(BUSINESS WIRE)--May 21, 1999--CyberAmerica Corp. (OTC BB: CYAA - news) Friday announced that it has filed its form 10Q through the Edgar SEC electronic reporting service.
The filing reports a net profit of $323,327 on revenues of $1,059,508 or $.11 / share for the quarter ended 3/31/99. Revenues increased from $158,264 to $1,059,508 for the same period last year.
When asked to comment, Richard Surber, president, stated, ''We are pleased with the company's performance to date. Our goal is to continue to identify and acquire additional undervalued assets and exploit them to their maximum potential.''
Note: Certain statements made herein that are not historical are forward-looking with the meaning of the Private Securities Litigation reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties.
Investors who seek more information about the company's business and relevant risk factors may wish to review the Company's periodic reports filed with the Securities and Exchange Commission including, but not limited, its most recent annual Report of Form 10-KSB and Quarterly Report on Form 10-QSB.
For further information, contact: Richard Surber, president 801/575-8073 EXT 106, fax 801/575-8092, CyberAmerica Corp.
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