having a great month because of Hulk ALERTS they sent me email pick on XIDEQ bought $19.50 when they alerted it now still holding but I'm up like 23k on it! can't wait for there next alert you can google hulk alerts.
Sentiment: Strong Buy
Its all been just one massive desperate pyramid scheme to make everything look better on paper. Using tools as massive debt will collapse whole world system. They never learn thats greed for you.
A more than excellent Q1/2014 from a company with idiotic low 45 million market-cap.
Local Corporation Reports First Quarter 2014 Financial Results Local Corporation
IRVINE, Calif.--(BUSINESS WIRE)--
Local Corporation (LOCM), a leading local advertising technology company, reported its financial results for the first quarter 2014.
“We entered 2014 focused on three avenues to drive long-term shareholder value: growing our core business, leveraging our Krillion® data technology and monetizing our intellectual property,” said Fred Thiel, Local Corporation, CEO and chairman of the board. “I am excited about my expanded role in the company and look forward to working with our talented team to deliver on our vision and take the company to the next level. In the last six months, we have expanded our Network; increased the number of impressions, clicks and calls in our Extended Ad Network; and launched new products, including two ad technology products and one app powered by Krillion. Overall, we believe our first quarter results demonstrate our ability to invest in our business while fostering growth.”
“Additionally, we are in the process of transferring the majority of our patents from Local Corporation to a dedicated IP holding subsidiary, while the Krillion patent will be consolidated with our other Krillion assets into our Krillion subsidiary. We believe this organizational structure will create flexibility to monetize our IP through licensing and/or other strategic alternatives. We believe these efforts will facilitate revenue growth in 2015 and beyond,” added Thiel.
Grew total revenue 22% year-over-year to $26.2 million.
Increased Network revenue 78% year-over-year to $14.8 million.
Reduced net loss 16% year-over-year, reporting net loss of $2.8 million.
Delivered Adjusted EBITDA* of $712,000 while investing in growth.
Reported $189 revenue per thousand visitors (RKVs), up from $178 in fourth quarter 2013.