ACRT Financials 07/16/2014 08:03:27 Advanced Cred
Post# of 8
Advanced Credit Technologies Inc
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 24 6 17
Cost of Revenue 2 - -
Gross Profit 23 6 17
Operating Expenses
Research and Development 28 53 35
Sales, General and Admin. 144 134 147
Non-Recurring Items - - -
Other - - -
Operating Income (150) (180) (164)
Income From Continuing Operations
Add'l Income/Expense Items - - -
Earnings Before Interest and Tax (150) (180) (164)
Interest Expense - - -
Earnings Before Tax (150) (180) (165)
Income Tax - - -
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations (150) (180) (165)
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income (150) (180) (165)
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders (150) (180) (165)