Updated DD post DCLT - A few things that stand
Post# of 86
Posted On: 12/01/2014 2:52:30 PM
Updated DD post
DCLT - A few things that stand out to me
1. Only 3 million shares issued in the last 13 months
On October 31, 2014, the Registrant had 125,976,421 shares of common stock outstanding.
http://www.otcmarkets.com/edgar/GetFilingHtml...D=10286308
On July 31, 2014, the Registrant had 125,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...D=10125367
On March 31, 2014, the Registrant had 125,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9980697
On December 31, 2013, the Registrant had 125,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
On September 30, 2013, the Registrant had 122,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9598234
2. In the last 21 months management has reduced total liabilities by 412,144.00 and since December 31, 2013 has cut them by more than 50% all while not issuing a single share
Total Liabilities September 30, 2014 - 127,459.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...D=10286308
Total Liabilities June 30, 2014 - 141,202.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...D=10125367
Total Liabilities March 31, 2014 - 202,748.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9980697
Total Liabilities December 31, 2013 - 310,061.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
Total Liabilities December 31, 2012 - 539,603.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
3. Revenues continue to grow year over year
Our revenues for the nine months ended September 30, 2014 were $497,564, compared to $467,340 for the nine-month period ended September 30, 2013, representing an increase of $30,224.The increase in revenues was mainly due to the standard renewals and revenues from new business customers.
2013 Total Sales - 630,395.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
2012 Total Sales - 556,363.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9187348
2011 Total Sales - 548,689.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8544180
2010 Total Sales - 450,345.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8544180
DCLT - A few things that stand out to me
1. Only 3 million shares issued in the last 13 months
On October 31, 2014, the Registrant had 125,976,421 shares of common stock outstanding.
http://www.otcmarkets.com/edgar/GetFilingHtml...D=10286308
On July 31, 2014, the Registrant had 125,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...D=10125367
On March 31, 2014, the Registrant had 125,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9980697
On December 31, 2013, the Registrant had 125,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
On September 30, 2013, the Registrant had 122,976,421 shares of common stock outstanding. - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9598234
2. In the last 21 months management has reduced total liabilities by 412,144.00 and since December 31, 2013 has cut them by more than 50% all while not issuing a single share
Total Liabilities September 30, 2014 - 127,459.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...D=10286308
Total Liabilities June 30, 2014 - 141,202.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...D=10125367
Total Liabilities March 31, 2014 - 202,748.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9980697
Total Liabilities December 31, 2013 - 310,061.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
Total Liabilities December 31, 2012 - 539,603.00 - http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
3. Revenues continue to grow year over year
Our revenues for the nine months ended September 30, 2014 were $497,564, compared to $467,340 for the nine-month period ended September 30, 2013, representing an increase of $30,224.The increase in revenues was mainly due to the standard renewals and revenues from new business customers.
2013 Total Sales - 630,395.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9888607
2012 Total Sales - 556,363.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=9187348
2011 Total Sales - 548,689.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8544180
2010 Total Sales - 450,345.00 http://www.otcmarkets.com/edgar/GetFilingHtml...ID=8544180
(0)
(0)Data Call Technologies (DCLT) Stock Research Links
Scroll down for more posts ▼