PCYG.OB (PKCY)

[lucy5cents]

Apparently they're also savvy enough not to waste their positive PR by publishing it on an FOMC meeting day! I was hoping that was the case. 

[la-onda]

nice updated FAQ:
http://www.parkcitygroup.com/faq.htm#top
&
additional information:

Future Outlook

Park City Group recently announced its fiscal 2006 second quarter results. The company reported revenues for the quarter of $1,113,656, an 18% increase compared to $941,062 in the second quarter of the 2005 fiscal year, and a net income loss for the three month period of $354,763 compared to a loss of $1,000,602 in last year's same period.

- Software license revenues were $230,574 for the second quarter, a 63% increase from the
$141,692 for the prior year period.
    * ASP revenues increased 145% to $50,250 in the second quarter from $20,550 in the prior year period.
    * Consulting and other revenue was $226,521 and $120,231 for the quarters ended December 31, 2005 and 2004, respectively.

Chairman and CEO, Randy Fields commented, "We are extremely pleased with our second quarter results. This performance reflects the continued execution of our strategy to increase revenues on an annual basis while keeping a tight rein on our expenses." Fields added, "We continue to gain traction in all our target areas. Software license revenue continues to grow as existing customers add to their usage. These additional sales also translate into increasing consulting revenues as customers partner with us to leverage our extensive industry experience. Additionally, we are seeing strong interest for ASP services, which contribute to our own efforts to create a more normalized and predictable revenue stream. We still have much to do in that aspect, but with a 145% increase in ASP revenues, we are encouraged."

This is an exciting time for our company," Fields continued. "The market place is looking for solutions to the demand for fresh food while maximizing operational efficiencies. Hardly a week passes without a significant story in the financial press that focuses on the growing importance of fresh food, produce and perishables to the grocery business, and Park City Group is uniquely situated to meet this demand. We have already booked more business in the first half of this fiscal year than we did in all of last fiscal year and we look forward to a strong second half of the fiscal year as well."

please check the link carefully:
http://www.market-pulse.com/pkcyprofile2.htm

[la-onda]

Park City Group Posts 2006 Third Quarter Results; Positive Momentum with Operations and Customer Agreements
Monday , May 15, 2006 07:00 ET

PARK CITY, Utah, May 15, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (OTCBB:PKCY):

-- Year-over-Year Revenues Increase 70%

-- Nine-Month Revenues Increase 126%

-- 9 Month Profit $1.4 Million Vs. $2.2 Million Loss

Park City Group, Inc. (OTCBB:PKCY), a leading provider of software and consulting services for the retail industry, today announced financial results for its 2006 fiscal year third quarter ending March 31, 2006. The company reported revenues for the quarter of $1,369,688, a 70% increase compared to $805,865 in the third quarter of the 2005 fiscal year. The net loss for the period narrowed sharply to $385,791 compared to a loss of $832,982 in last year's same period. The company also had a one time charge to earnings from their refinancing activity of about $103,000.

Chairman and CEO, Randy Fields commented, "We continued to make strong progress in all relevant categories during the quarter. Our results exceeded our own expectations for the quarter as we experienced improvement in software license revenues, maintenance revenues, ASP and consulting revenues during the quarter. Significantly, our gross margin for the quarter was 71% versus 51% for last year's third quarter, which is a testament to our focus on controlling costs and highlights the leverage that is inherent in our business.

Highlights of the Third Quarter include:

-- Software license revenues increased 283%

-- 9 month software license revenues increase 657%

-- ASP revenues increased 68%

-- Consulting revenues increased 122%

-- Total liabilities have been reduced by $4.9 million or 56% since June 30 2005.

-- 9 months profit of $1.4 million vs. a loss of $2.3 million.

For the nine month period ending March 31, 2006, total revenues increased 126% to $6,182,209 from the $2,736,604 for the same period of 2005. Software license revenues increased to $3,434,927 from the $453,615 reported in the prior year. Net income for the nine-month period totaled $1,424,261 compared to a loss of $2,278,203 for the prior year period.

Mr. Fields added, "We continue to put in place the foundation we need to support our growth expectations. As previously reported, a restructuring of our balance sheet during the quarter has dramatically reduced the size of our outstanding debt and the reduced annual interest expense will add significantly to net income. Although we reported a small net loss for the quarter of $385,791, it should be noted that a significant portion of that loss was attributable to one time expenses related to the restructuring of the balance sheet. Looking beyond these one time expenses, we have announced several agreements and licensing deals with major customers. Our recent presentation at the 2006 Food Marketing Institute Trade Show was a great success and we expect to see some customer agreements arise out of that event. We are on track to have a great year and our market momentum should carry us into an excellent FY 07 as well."

[eliteG]

looks great Oliver  .. the key for PKCY today is just to finish up.. traders/investors will read that report tonight and see they have a penny that is about to run away.. and then we will see the volume 

[la-onda]

insider is buying (CEO):
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4171323

[la-onda]

update:
Park City Group Signs Agreement with Circle K; Second Largest C-Store Operator in North America to Use Park City Group's ActionManager(TM) Toolset
Wednesday, May 17, 2006 07:00 ET

PARK CITY, Utah, May 17, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (OTCBB: PKCY) today announced that it has signed an agreement with Circle K Midwest for the company's ActionManager(TM) solution for its over 530 locations.

For more than 50 years, Circle K, a wholly owned subsidiary of Couche-Tard, Inc., has been one of North America's most popular and successful operators of convenience stores. Today, there are more than 2,100 Circle K stores across the USA and over 4,000 international locations. Couche-Tard is the second largest independent convenience store operator in North America, and the industry leader in Canada. Couche-Tard stores are located in three geographic markets in Canada (East, Centre and West), and in five major markets covering 23 American states (Midwest, Southeast, Florida and Gulf Region, Arizona Region and West Coast) in the United States. In addition, a network of more than 4,000 licensees extends into seven other regions worldwide (Japan, Taiwan, Hong Kong, Indonesia, Mexico, China (PRC), Guam).

"Circle K has led the way for the convenience store industry for many years. Their dedication to the highest levels of customer service is well known in every market they serve. Naturally, we are very pleased to be working with this highly successful industry leader," commented Randall K. Fields, Park City Group's Chairman and Chief Executive. Fields continued, "Our rapid expansion with top-tier convenience store retailers like Circle K further validates our service and technology offerings. We anticipate adding additional customers from this sector in the coming months."

[AussieTrader]

insider is buying (CEO):
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4171323

We should clarify that filing Oliver, the smaller transactions (both for 34,722) are part of the CEO's compensation package and the larger transaction ( 66,234,658) was the debt conversion deal. announced end of April. That deal is good for PKCY, but it does increase the shares outstanding from 285M to 351M.

Reminder of that release is here http://www.tmcnet.com/usubmit/-park-city-group-substantially-strengthens-balance-sheet-reduced-/2006/04/28/1620684.htm

[Michael]

Disappointing that Park City couldn't rally after they closed the deal with Circle K. This is a substantial order and should guarantee that this quarter will be profitable.

As the company has said several times the result of the company will fluctuate from quarter to quarter depending on the SW sales in each quarters. PKCY has however altered their business model so more and more revenue is recurring so this order should have significant bottom line effect.

Based on the reception of Supply Chain Profit Link we will hopefully continue to see new orders being signed.

I still feel good about the chart and even better about the fundamentals so I will continue to hold this great company.

[dennis67]

I still feel good about the chart and even better about the fundamentals so I will continue to hold this great company.

Thanks Michael  im still holding 140000 i also thought it would really take off on the news, maybe we get a delayed reacton.

[digdug42]

Thanks for the update Michael.  Looks like people are figuring it out a little bit today. I like the way this one looks.

[Ouch!!!]

Farewell.

Decided to stay in the sidelines.

Sold $0.084.

Good luck to the rest of you.

[la-onda]

fyi:
PKCY: Kwik Trip Adds ActionManager(TM) Forecaster Solution
Wednesday, May 24, 2006 07:51 ET

Park City Group, Inc. (PKCY) announced that Kwik Trip stores have made an additional purchase from the Company for its ActionManager(TM) Forecaster application. Kwik Trip added Forecaster to its previously purchased ActionManager Labor Scheduler.

&

bellwetherreport.com: The Bellwether Report updates investors on Park City Group, Inc
Thursday , May 25, 2006 03:58 ET

May 25, 2006 (M2 PRESSWIRE via COMTEX) -- Park City Group, Inc. (OTCBB:PKCY), is a company that our research team will be tracking over the ensuing weeks. They recently came out with a significant corporate development, causing a market stir. The BWR Research Team will continue to bring its subscribers cutting edge research tools, and second to none customer service.

Park City Group, Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry, recently announced that it signed an agreement with Circle K Midwest for the company's ActionManager(TM) solution for its over 530 locations.

For more than 50 years, Circle K, a wholly owned subsidiary of Couche-Tard, Inc., has been one of North America's most popular and successful operators of convenience stores. Today, there are more than 2,100 Circle K stores across the USA and over 4,000 international locations. Couche-Tard is the second largest independent convenience store operator in North America, and the industry leader in Canada. Couche-Tard stores are located in three geographic markets in Canada (East, Centre and West), and in five major markets covering 23 American states (Midwest, Southeast, Florida and Gulf Region, Arizona Region and West Coast) in the United States. In addition, a network of more than 4,000 licensees extends into seven other regions worldwide (Japan, Taiwan, Hong Kong, Indonesia, Mexico, China (PRC), Guam).

"Circle K has led the way for the convenience store industry for many years. Their dedication to the highest levels of customer service is well known in every market they serve. Naturally, we are very pleased to be working with this highly successful industry leader," commented Randall K. Fields, Park City Group's Chairman and Chief Executive. Fields continued, "Our rapid expansion with top-tier convenience store retailers like Circle K further validates our service and technology offerings. We anticipate adding additional customers from this sector in the coming months."

Park City Group, Inc. down just over 7% as investors dove into this company as this company's volume is already above the daily average. At $0.072, this company is still very cheap as we are near the company's 52-week high of $0.11. The BWR Research Team will continue to track the developments surrounding Park City Group, Inc. and many other exciting companies.

I would appreciate some feedback regarding the TA 

thanks in advance
Oliver

[la-onda]

I still feel good about the chart and even better about the fundamentals so I will continue to hold this great company.

you are still holding Mike ?

cheers from Stockholm
Oliver

[la-onda]

VP Marketing and VP Development have bought some shares:

http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4199662
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=4199664

[Michael]

VP Marketing and VP Development has bought some shares:

Hi Oliver,

Smart move from the insiders! After all they already have a good feeling of the result of this quarter so they have a bit of an advantage 

My feeling after the recent orders is that we will have a profitable quarter so I am buying at this level. We are suffering from a lack of interest and this is a good time to pick up shares. You need a little patience to get your order filled though.

I am confident that the stock will run when they release Q2 and maybe earlier if they announce any further deals.