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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc -- Ignore unavailable to you. Want to Upgrade?


To: The Street who wrote (1551)4/18/1999 2:48:00 PM
From: Edward Mamula  Respond to of 1702
 
From RTIN 10K:

Net Income. The Company had a net income for the fiscal year ended December 31, 1997 of $119,386 compared to net income of $234,937 for fiscal year ended December 31, 1996, representing $.02 and $.04 per share, respectively.

I don't know the history of RTIN very well... perhaps this profit was recorded when the company was still private, or when it was trading under FLTT. In any event, they had been profitable in the past, but lost money in fiscal 1998.

If ROTI's projection of profitability in Q4 '99 holds true, we should see a much higher share price. Time will tell.



To: The Street who wrote (1551)4/18/1999 2:51:00 PM
From: KZAP  Read Replies (2) | Respond to of 1702
 
Did you read the latest 10k on RTIN?
It states a profit for 1997. 2 cents per share.
For 1998 they show a 21 cent loss. But look at it. They
threw in everything they could to get it all out of the
way. Take the one time write off out and see the profit?
IMO from here on out, things will be a lot different.

BTW, there will be a Conference Call for RTIN on Monday.

KZAP



To: The Street who wrote (1551)4/19/1999 9:37:00 AM
From: The Street  Read Replies (2) | Respond to of 1702
 
MY BAD-- RTIN did not do a reverse!

Sorry for any confusion!

I like RTIN....