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From: News <Ka...@zl...> - 2005-08-15 04:50:03
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*MOMENTUM ALERT ISSUED FOR AUGUST 15-19. ***SYMBOL: CDGT EXPLOSIVE PICK FOR OUR MEMBERS Dear all, (PRESS RELEASE ISSUED AFTER MARKET CLOSE FRIDAY)... We are pleased to inform you that we have filed our SEC form 10QSB for our second quarter result ended June 30, 2005. Financial Highlights for the Three Months Ended June 30, 2005 Compared to the Three Months Ended June 30, 2004: SYMBOL: CDGT Current Price: $2.20 2-5 Day Trading: $5-7 (THIS WILL EXPLODE ON MONDAY !!!) Revenue increased 59% to $1,310,000 from $822,000. EBITDA improved by 80% to $996,975 from $554,723. Net income increased by 38% to $706,000 from $511,000. Net Income: We had net income of $705,651 and $1,143,504, or $.02 and $.04 per common share for the three months and six months periods ended June 30, 2005, respectively, compared to the net income of $511,411 and $883,254, or $.03 and $.07 for the same periods ended June 30, 2004, respectively. The change in net income was primarily due to an increase in sale from new TV subscribers, and the share of revenue from commercial TV subscribers and related gross profit. Earnings before interest, tax, depreciation and amortization (EBITDA): EBITDA for the three months and six months ended June 30, 2005 was $996,975 and $1,697,766, respectively. The increase of $442,252, or 80%, from $554,723 for the three months ended June 30, 2004 was due primarily to the increase in total revenue and gross profit margin. Sales: Revenues increased by $488,601or 59% from $822,210 for the three months ended June 30, 2004 to $1,310,811 for the same period ended June 30, 2005. For the six months ended June 30, 2005, we recorded total revenues of $2,304,283, compared to total revenues of $1,481,519 for the same period ended June 30, 2004. The increase was primarily due to increase in number of TV subscribers, sales of Pay-TV and increased revenue from commercial accounts of digitalization of television signals in the second quarter of 2005 compared to the comparable period in 2004. Gross profit margins increased from 78% during the three months ended June 30, 2004 to 94% during the three months ended June 30, 2005. The increase was mainly attributable to the revenue sharing of commercial accounts. Due to the delay of migration schedule, sales of STB and cost of goods sold decreased accordingly. WE GIVE IT TO YOU AGAIN AS A GIFT AND THIS IS WHY... Disclaimer: Information within this email contains "forwardlooking statements" within the meaning of Section 27Aof the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements". "Forward looking statements" are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands" or that by statements indicating certain actions "may", "could", or "might" occur. Risk factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors overwhich the company has little or no control. The publisher of this newsletter does not represent that the information contained in this message states all material facts or does not omit a material fact necessary to make the statements therein not misleading. All information provided within this email pertaining to investing, ST0CKs, securities must be understood as information provided and not investment advice. The publisher of this newsletter advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in ST0CKs featured within this email. None of the material within this report shall be construed as any kind of investment advice or solicitation. Many of these companies are on the verge of bankruptcy. You can lose all your money by investing in this ST0CK. We urge you to read the company's SEC filings now, before you invest. The publisher of this newsletter is not a registered invstment advisor. Subscribers should not view information herein as legal, tax, accounting or investment advice. In compliance with the SecuritiesAct of 1933, Section 17(b), The publisher of this newsletter is contracted to receive six hundred thousand free trading shares from a third party, not an officer, director or affiliate shareholder for the circulation of this report. Be aware of an inherent conflict of interest resulting from such compensation due to the fact that this is a paid advertisement and is not without bias. The party that paid us has a position in the ST0CK they will sell at anytime without notice. This could have a negative impact on the price of the ST0CK, causing you to lose money. All factual information in this report was gathered from public sources, including but not limited to SEC filings, Company Websites and Company Press Releases. The publisher of this newsletter believes this information to be reliable but can make no guarantee as to its accuracy or completeness. Use of the material within this email constitutes your acceptance of these terms. |