Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : INSP Investors Research -- Ignore unavailable to you. Want to Upgrade?

To: howsmydrivingal who wrote (39)	8/30/2001 2:08:06 AM
From: howsmydrivingal	Read Replies (1) \| Respond to of 787

From the 10Q *********** INSP MD&A Disclosure Revenues earned from companies in which we have investments are considered related party revenue. During the quarter ended June 30, 2001, we made investments in four private companies for business and strategic purposes. In the normal course of business, we also entered into short-term agreements to provide various promotional services for these companies. We recognized related party revenue of $11.3 million for the quarter ended June 30, 2001, substantially all of which was derived from these short-term agreements. For the quarter-ended June 30, 2000, related party revenue was $3.2 million. For the six months ended June 30, 2000, related party revenue was $6.4 million. We anticipate that related party revenue will decline substantially in the quarter ended September 30, 2001 as we focus on business areas which have longer-term contracts with recurring monthly revenue streams. ************ What is this saying? Does INSP provide a 'free trial run' for new partners and claim a nice big 'pretend profit' as to what they would like to charge for their services? Are we going to see big turnover next quarter of former 'clients' that have been enjoying 'various promotional services'? If the promotions are going to end, then the fees that they were worth will no longer be stated as 'Related Party Revenue.' Now I understand INSP will reduce Barter Income, is it something that is completely separate from Related Party Revenue?