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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Taki who wrote (148605)8/5/2006 5:10:46 PM
From: Taki  Read Replies (1) | Respond to of 150070
 
GZFX.0051.From the 1st Q report revenues were up 150%.Now looking forward to see the 2nd Q report.They have to report
by August 15th.We will see what numbers come out with.Watching
Results of Operations.
(a) Revenues.
The Company had gross revenues of $403,610 and $160,773 for the quarters ended March 31, 2006 and 2005, respectively, an increase of $242,837 or approximately 150%. Gross revenues were derived mainly from monthly subscription fees. This increase was primarily due to a greater increase in the subscriber base compared to same period in 2005, fueled by more market awareness of the Company's services. During the first quarter of 2006, the Company's subscriber base averaged approximately 8,000 subscribers per month as compared with approximately 3,000 in the same period of the prior year.