No, 'Integrity Online' is not affiliated with ITGR.
Yes, it's been more than a few days since the quarter's announcement, so maybe the earnings didn't make a huge impression on most. ITGR's captured 48% of the 'Praise and Worship' market share as measured by the CBA. I believe people should be impressed.
AMEN is an interesting stock but they've been giving money to the Promise Keepers, isn't that right? Anyway for a stock trading 2/3 the price of ITGR, they have 1/40 the sales/share as Integrity. And they lost $1.81/share last year though it looks like they may be starting to turn around. Seems like Integrity is ahead of them on the learning curve, fwiw.
ITGR used to be $10+. Their downturn might have been caused by two contributions to Word Entertainment, their present distributor. They had to downsize their office space and employees and they changed their accounting formula which resulted in a loss on paper. Seems like growing pains though but subscribers to the IPO didn't look at it that way I guess. You don't know what the company sells until you hear the music but that's the way music is, isn't it?
I appreciate your info of company past history. I've been getting hammered in AAIR, so I don't know when I'll jump in here. So, what your saying is AMEN tithes to promise keepers, or did I miss the boat on what you were saying? Does ITGR do the same, 10% to ministry? I like what I see, but not sure of good entry point, although, the price looks right now!! Talk to ya later... J.Augs
It's more of a sponsorship. Didax sponsored the 'Stand in the Gap' march in DC (costing 40,000 shares). I studied their financials because they're locally hq'd but the Promise Keepers have fallen upon hard times. I like Integrity because they are exclusive sponsors to some vibrant organizations and I don't see any hefty sponsorship fees.
Don't get me wrong, AMEN may be a turnaround story, but if there's a learning curve to this industry, ITGR is in the lead.
Today the Russell 2000 did very well and it could be that Integrity will be back to new highs soon.