Public Company Management Rated 'Speculative / 3' By Investrend Research Analyst Oren Meytes, MBA, Noting 17 New Contracts.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- (Investrend Research Syndicate) Public Company Management (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : PUBC) has been rated "Speculative / 3" by Investrend Research Analyst Oren Meytes, MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration , in a Wall Street Research Update report, who notes the company's "brisk Brisk as a proper name may refer to:
The analyst stated: Revenues for the 9 months amounted to $1.5 million, primarily the result of the addition of seventeen client contracts during fiscal 2005. Net loss was $1mm while cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses was a negative $630K. Contracts valued at $5.5 mm were booked in the first 9 months, but only $1.1 million had been recognized during the 9-month period. This current booking rate if extrapolated forward should eventually generate a revenue run rate of approximately $5-6 mm annually. This revenue, however, consists of both cash and stock of the client companies, generating approximately $2mm - $2.5mm of cash revenue. The additional revenues would be in the form of stock of the client companies. Therein lies the greatest uncertainty. What will be the real economic value of these shares? The up and down gyrations of these stocks (mostly down in the last two quarters), form a dominant portion of the company's net profit or loss, making a short term P&L projection difficult. The company continues to perform well, more customers are signed up, revenues recognized and shares of its clients are accumulated in PUBC's portfolio of assets. The jury is still out, though, on whether the stock assets accumulated could be converted to meaningful cash amounts. Its valuation already incorporates significant expectations about the company's bright future. The analyst's credentials CREDENTIALS, international law. The instruments which authorize and establish a public minister in his character with the state or prince to whom they are addressed. If the state or prince receive the minister, he can be received only in the quality attributed to him in his credentials. are at http://www.investrend.com/articles/secondlevel.asp?level=238 Enrollment in standards-based research is an important measure of a company's commitment to transparency and Good Governance The terms governance and good governance are increasingly being used in development literature. Governance describes the process of decision-making and the process by which decisions are implemented (or not implemented). . Investrend Research's pioneering program facilitates independent analysts to provide coverage for shareholders in companies that otherwise would have little or no analyst following. Investrend subscribes to the "Standards for Independent Research Providers" at http://www.firstresearchconsortium.com. Enrollment fees for basic Wall Street coverage are $43,840, and the fees were paid by the company. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary Monetary; relating to money; financial; consisting of money or that which can be valued in money. pecuniary adj. relating to money, as in "pecuniary loss. interest, and neither the analyst nor employees of Investrend Research may own or trade stocks of companies under coverage. To avoid conflict, Meytes assumed coverage after the previous analyst, Kipley Lytel, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , accepted a consulting position with the company. Complete information is available at the company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes, and the full report is available at http://www.investrendresearch.com . Investors are advised to read disclosures carefully before trading in the equities of any enrolled company. Anyone interested in receiving alerts regarding Public Company Management research should email contact@investrend.com with "PUBC" in the subject line. |
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