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BEEN WATCHING THIS STOCK AWHILE.would give it a 3 star pic in the .06-.07 range.books arent too bad,less than 100 mil outstanding.im gonna hold a small position.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?
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ok maybe the week ones are gone now.shes is climbing up again. back to .065.if i give u a pic its not a quick flip.buy a little be patient and it will come.
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?
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YES ANNOUNCED POSITIVE EARNINGS AND IS UP BIG TIME.
QuoteMedia Reports Results for Q1 2011 May 13, 2011 (Business Wire) -- QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the three months ended March 31, 2011. These results reflect a 1% increase in first quarter revenues, to $2,029,783 from $2,003,003 in the comparative period in 2010.
“We saw some very encouraging results this quarter,” says Keith Guelpa, President of QuoteMedia, Inc. “Not only did we maintain positive revenue growth in very difficult times for our industry, but we also closed several major contracts, with a number of other large-scale deployments nearing completion, that will lead to even greater revenue growth in upcoming quarters.
“We anticipate that 2011 will be a strong year for QuoteMedia as, based on sales that are already under contract, we expect to see pronounced improvement in our revenue growth starting in the second quarter of 2011. We are proud of what we have accomplished, and we look forward to the continued expansion of our market share throughout the balance of this year.”
About QuoteMedia
QuoteMedia is a leading software developer and syndicator of financial market information and streaming financial data solutions to media, corporations, online brokerages and financial services companies. The Company licenses interactive stock research tools such as streaming real-time quotes, market research, news, charting, option chains, filings, corporate financials, insider reports, market indices, portfolio management systems, and data feeds. QuoteMedia provides data and services for companies such as the NASDAQ, the OTCBB, TMX Group, Dow Jones & Company, Sungard, Wells Fargo, Penson Worldwide, Broadridge Financial Systems, Ridge Clearing, Regal Securities, Scotia Capital, Southwest Securities, Forbes, Zecco Trading, Zacks Investment Research, General Electric, Dow Chemical, Business Wire, Marketwire, Kiplinger, FolioFN, Captivate Network, ChoiceTrade, Qtrade Financial, CNW Group, TradeFreedom, Gmarkets, Questrade, Schaeffer's Investment Research, WebFinance and others. For more information, please visit: www.quotemedia.com.
Statements about QuoteMedia's future expectations, including future revenue, earnings, and transactions, as well as all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. QuoteMedia intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are identified from time to time in the Company's SEC reports and filings, and are subject to change at any time. QuoteMedia's actual results and other corporate developments could differ materially from that which has been anticipated in such statements.
QuoteMedia
Dave Shworan, 877-311-9911 ext. 101
contactus@quotemedia.com
-------------------- WHADDYA MEAN I CAN BE PRESIDENT OF THE USA.ITS STILL WE THE PEOPLE.RIGHT?
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