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To: Topdog who wrote (466)5/19/2015 1:14:12 PM
From: ayeyou1 Recommendation

Recommended By
Ivan Inkling

  Read Replies (1) | Respond to of 1728
 
I am pretty sure I know what the phrase "big red flag" means. Its like when someone has never posted on a thread before and comes in gunning for a stock. You take the input with a big red flag.



To: Topdog who wrote (466)5/21/2015 3:56:12 PM
From: ayeyou  Respond to of 1728
 
RW looked a little risky to me. Q1 2014 to 2015 dont look so good. Does lower gross suggest price cutting in order to maintain sales??? Looks like big RED flag.

RenoWorks Software earns $123,591 in Q1

2014-05-26 15:15 MT - News Release

Mr. Doug Vickerson reports

RENOWORKS ANNOUNCES 2014 FIRST QUARTER FINANCIAL RESULTS

RenoWorks Software Inc. is releasing its financial results for the first quarter ended March 31, 2014.

                   FINANCIAL RESULTS FROM OPERATIONS                                                          Three months ended                                                                     March 31,                                                          2014          2013   Revenue                                           $   482,568   $   437,577  Gross margin                                      $   434,702   $   322,310  Expenses                                          $   358,155   $   329,692  Income (loss)                                     $   123,591   $   (16,630) Earnings (loss) per share                         $     0.005   $    (0.001) Cash from operations                              $     6,759   $   163,782  


© 2015 Canjex Publishing Ltd. All rights reserved.

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RenoWorks Software earns $67,281 in fiscal Q1 2015

2015-05-21 11:38 MT - News Release

Mr. Doug Vickerson reports

RENOWORKS ANNOUNCES 2015 FIRST QUARTER FINANCIAL RESULTS

RenoWorks Software Inc. has released its financial results for the first quarter ended March 31, 2015.

Financial results from operations for the first quarter 2015 with comparatives for 2014 are as shown in the table.

                             FINANCIAL HIGHLIGHTS                                                 Three months ended March 31,                                                    2015               2014  Revenue                                $        534,718   $        482,568 Gross margin                           $        419,064   $        434,702 Expenses                               $        341,803   $        358,155 Income                                 $         67,281   $        123,591 Earnings (loss) per share              $           0.01   $           0.01 Cash (used in) from operations         $         (1,977)  $          6,759 


© 2015 Canjex Publishing Ltd. All rights reserved.