ShellStockReview.com

Member Login

Forum - Latest Posts

  • No posts to display.
Welcome, Guest
Username: Password: Remember me

TOPIC: VBYR - VerticalBuyer, Inc.

VBYR - VerticalBuyer, Inc. 14 years 2 months ago #849

  • Guest
  • Guest's Avatar
[I'm still holding]
CSIW now at $3.00 x 4.25.
The administrator has disabled public write access.

VBYR - VerticalBuyer, Inc. 14 years 2 months ago #846

  • otcbbnn
  • otcbbnn's Avatar
  • OFFLINE
  • Fresh Boarder
  • Posts: 1
  • Karma: 0
[Vbyr]
What is your thought of this merger. I know the CSI company and the owners of it. They are for real and have real income.
The administrator has disabled public write access.

VBYR - VerticalBuyer, Inc. 14 years 2 months ago #845

  • Guest
  • Guest's Avatar
[Link to financial statements...]
SEC Filing on unaudited financial statements
The administrator has disabled public write access.

VBYR - VerticalBuyer, Inc. 14 years 2 months ago #844

  • Guest
  • Guest's Avatar
[VBYR - VerticalBuyer, Inc.]
They reported (via an SEC Filing), that they had:

_______________2003________2002__________2001
Revenues: $ 19,241,216 $ 13,760,640 $ 7,886,837
Net income $ 1,091,945 $ 633,587 $ 355,280

At the current outstanding shares of 18,116,883 (they purchased 13,950,000 or 77% of the outstanding), that would be about .06 per share net income. The stock traded between .012 and .04 today.

Now they are doing a 1 for 40 reverse split. Appears there will be about 452,922 shares outstanding tomorrow.

=====================================================
For the Nine Months Ended September 30,
______________________________ 2004 ______ 2003
NET SALES AND SERVICE REVENUE $ 17,778,405 $ 16,311,295
Net income $ 1,179,664 $ 1,308,321

Cash and cash equivalents $ 2,983,141
Total current liabilities $ 3,391,571
The administrator has disabled public write access.
Moderators: Editor
Time to create page: 0.239 seconds