Nice one...3 'magic lines will cross ..MMMmmh?
(http://\\assurancetourix\culture.la-gb1$\mes%20images\tofs.jpg)
Tuesday's closing chart.......
The 3 magic lines have crossed !
10Q...out yesterday..
http://biz.yahoo.com/e/070814/pweb.ob10qsb.html
It shows that shareholder equity is up to $3.6MM, which gives the company a book value of over 8c a share.
The three month period ended June 30, 2007 (the "2007 second quarter") was a breakout quarter for our company. Revenues of $3,302,984 for the 2007 second quarter exceeded all previous single quarter revenues, as did the 2007 six month period revenue total of $4,810,739 exceed all previous six month period total revenue numbers. Net cash provided by continuing operating activities of $888,384 over the 2007 six month period is also a company record. Of additional note is the fact that 78% of our revenues over the 2007 six month period was comprised of recurring hosting, gateway and maintenance fees.
Further, we generated a net profit of $124,264 during the 2007 second quarter, resulting in profits of $11,150 for the 2007 six month period. Our active customer base at June 30, 2007 amounted to 45,473 active customers; up from approximately 3,000 at December 31, 2006. Cash balances at June 30, 2007, inclusive of restricted cash, amounted to nearly 275% of cash balances at December 31, 2005. This increase in cash is partially offset by an accompanying increase in payables related to our marketing operations.