posted
Looking for a possible run here tomorrow, mm's lined up: .31(1) .329(1) next at .37
DD!
Wallstreetcorner.com Identifies ZYTO Corp as an “Unusual Opportunity”
ZYTO Corp (Pink Sheets: ZYTC) (www.ZYTO.com) announced today the company has been featured as "Larry Oakley's Stock Pick" on http://www.WallStreetCorner.com.
ZYTO Corp CEO Dr. Vaughn Cook was interviewed by Mr. Oakley, a financial reporter, whose primary criterion for choosing ZYTO Corp was his opinion of the stock's potential to increase several hundred percent within 12 months.
"Every once in a while I find a company that is really refreshing. This is one of those. I like this situation for several reasons. First, ZYTO Corp has 30 million shares out and about 9 million in the float, refreshingly low numbers for an emerging growth situation. Second, total revenue for Q3 2009 was $1,106,260, up 106% compared to the same quarter 2008. Third, ZYTO’s products are selling very well, resulting in the rapidly increasing revenue figures. In my opinion, its products have an exceptional market and should continue to grow in their acceptance. Fourth, according to the CFO of ZYTO Corp, by Q3 of 2010 the monthly recurring subscription fees should offset the monthly expenses. Fifth, with a monthly burn rate of about $220k per month, Dr. Cook says that it will remain reasonably close to that as its revenue grows. I feel that ZYTO will reach a pretax profit of over $3 million during 2010. With about 30 million shares out, that equates to an EPS of $0.10 per share, and at a multiple of say 15, that computes to about $1.50 per share. As I write this on October 15, 2009, my opinion is that this situation is extremely undervalued," stated Larry Oakley.
Larry Oakley, often referred to as the "Elder Statesman of Emerging Growth Investment Writers," created www.WallStreetCorner.com several years ago as an editorial venue for his Conservative Speculator newsletter, now read by investors in 84 countries, with the goal to "Help its readers to make more with the 10 percent they put into special emerging growth situations than they make with the 90 percent they put into everything else." To see the text of the interview, go to http://www.wallstreetcorner.com/stockpick.html.
About ZYTO Corp
ZYTO Corp was founded by Dr. Vaughn R. Cook, OMD. ZYTO’s product mix includes the Pro, Balance and EVOX, sold exclusively by healthcare professionals, and the Compass System built for distributors involved with specific direct sales and network marketing companies.
For more information about ZYTO, visit www.ZYTO.com or contact their headquarters at 801-224-7199.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports.
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ZYTO Corp Announces a 325% Increase in Profits for Q3 2009
ZYTO Corp (Pink Sheets:ZYTC) (www.ZYTO.com) announces an EBITDA profit of $234,021 for the third quarter of 2009, up 325% as compared to the same period last year. Total revenue for the third quarter of 2009 was $1,106,260, up from $532,548 in revenue for the third quarter of 2008.
Revenue for the nine months ended September 30, 2009 is $2,347,605, up 64 percent from the same period last year.
According to Kami Howard, CFO, “These results show the effectiveness of our focus on marketing, sales, and after-sales support. By having a back-end revenue model that increases profits for ZYTO each month, we have the ability to provide ongoing service, support, and training to facilitate our customer’s success.”
“Our business model keeps us engaged long term with our customers. As to any business, customer loyalty and retention is invaluable. We believe the current business growth, plus the anticipated growth of our products places ZYTO Corp on a strong annual growth path for the next several years,” stated Dr. Vaughn R Cook, CEO.
ZYTO has sales efforts underway in the United States, Canada, Latin America, China, South Africa, Australia, and Europe. Sales and subscription fees are the current primary sources of liquidity. ZYTO’s sales force is comprised of an in house sales staff and independent sales representatives.
About ZYTO Corp
ZYTO Corp was founded by Dr. Vaughn R Cook, OMD. The company provides decision support technology. For more information about ZYTO, visit www.ZYTO.com or contact their Headquarters at 801-224-7199.
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports.
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posted
up 13% already this morning. This is a steadily growing company. Good management and lots of value
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