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Banking, Finance & Investment: GWIN, Inc. Announces Operating Profits for Two Consecutive Quarters
 

GWIN, Inc. Announces Operating Profits for Two Consecutive Quarters


The Company's net income for the quarter, which per the SEC's rules on auditing include interest and non-cash financing costs, was also much improved


[ClickPress, Tue Jun 14 2005] Lake Harmony, PA -- GWIN, Inc. (OTC BB: GWNI), announces its Third Quarter (Feb-April) results, which include a profitable operating margin for the second straight quarter. For the three-month period ending April 30, 2005, revenues were $1,204,801-a 19% increase over the $1,013,219 reported for the same period last year, and the Company enjoyed a three-month operating profit of $10,286-over $70,000 better than the operating loss of ($63,232) reported for the same three-month period in 2004. The Company's net income for the quarter, which per the SEC's rules on auditing include interest and non-cash financing costs, was also much improved with a net loss of ($120,600) reported, compared to a net loss of ($441,636) for the same period in 2004.
For more information visit http://www.vlcn.com/gwni61405.htm.

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Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A Third Party has hired and paid $545.00 for the publication and circulation of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity and no representation.

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