Park City Group WKN 925919 vor Kursexplosion? - 500 Beiträge pro Seite

[Frickhasser]

Also die letzten News deuten auf jedenfall darauf hin

[Frickhasser]

Oracle Corporation Signs Licensing Agreement with Park City Group; Patent Licensing Becomes Significant Revenue Source for Company
TUESDAY, APRIL 25, 2006 7:00 AM
- BusinessWire




PKCY
0.063 -0.001





Enter Symbol:



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PARK CITY, Utah, Apr 25, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (PKCY) today announced a license agreement for Oracle Corporation to utilize its patented technology in its applications. Oracle is the world's largest enterprise software company and the agreement arises from Park City Group's ongoing efforts to utilize the strength of its patent library to drive revenue and profits.

Park City Group granted the license to Oracle Corporation as part of its shareholder value enhancement program that includes broadening the application of its technology base to premier enterprise software development companies like Oracle. Park City Group currently provides technology and applications that automate business operations in over 70,000 retail outlets worldwide.

Speaking about the announcement, Randy Fields, Park City Group's Chairman said, "We believe that there is a very substantial opportunity for licensing parts of our intellectual property. When people think of license agreements, they normally think in terms of licensing software. While that certainly represents one source of revenue for us, what makes this agreement unique is that we have licensed the intellectual property itself. This represents a new and separate source of revenue for us. The licensing of a patent has much broader implications and as such the size of these agreements can be significant. This is another significant step for Park City Group and we will continue to utilize the strength of our patent library in any way that is appropriate in order to enhance shareholder value."

About Park City Group

Park City Group, Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. To find out more about Park City Group (PKCY) please visit our website at www.parkcitygroup.com.

Statements in this press release that relate to Park City Group's future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors could include changes in economic conditions that may change demand for the Company's products and services and other factors discussed in the "forward-looking information" section and the "risk factor" section of the management's discussion and analysis included in the Company's report on Form 10-K for the year ended June 30, 2003 filed with the Securities and Exchange Commission. This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. Park City Group uses paid services of investor relations organizations to promote the Company to the investment community. Investments in any company should be considered speculative and prior to acquisition, should be thoroughly researched. Park City Group does not intend to update these forward-looking statements prior to announcement of quarterly or annual results.

SOURCE: Park City Group, Inc.

Cameron Associates
John McNamara, 212-245-8800 Ext. 205
[e-mail]


Copyright Business Wire 2006

[xx2ww]

[Frickhasser]

Park City Group Substantially Strengthens Balance Sheet; Reduced Interest Expense to Have Dramatic Impact on Earnings
FRIDAY, APRIL 28, 2006 7:00 AM
- BusinessWire




PKCY
0.063 -0.001





Enter Symbol:



Enter Keyword:



PARK CITY, Utah, Apr 28, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (PKCY) today announced that Riverview Financial, a holding company wholly owned by Park City Group's Chairman and Chief Executive Officer Randall Fields has voluntarily converted $3.2 million of subordinated debt.

The action reduces Park City Group debt from $7.4 million at the beginning of fiscal year 2004 to $2.3 million currently. Further, the move substantially reduces the company's annual interest charges from $1.5 million in fiscal 2004 to under $300,000 by 2007. After conversion, Park City Group will have approximately 351 million shares outstanding, including the 66.2 million conversion shares.

Randy Fields, President and CEO said, "This is a transforming event for Park City Group. Converting the subordinated debt reduces our shareholders deficit by 57%, and combined with other actions will ultimately reduce our annual interest expense by 83%, compared to 2004. In conjunction with Cameron Associates, our recently appointed investor relations counsel, we've been visiting with a number of institutional investors. After speaking with many of these investors, we believe our current earnings momentum coupled with this transaction makes Park City Group a significantly more attractive investment. The Company earned $1.8 million on $4.8 million of revenue in the first six months of this year and this reduction in debt will have a meaningful impact on net income going forward as well. We are a much stronger company as a result.."

About Park City Group

Park City Group, Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. For more about Park City Group (PKCY) visit our website at www.parkcitygroup.com.

Forward-Looking Statements:

his news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's anticipated financial results for its third quarter and fiscal year ending June 30, 2006. These forward-looking statements are based on the Company's expectations and are subject to risks and uncertainties that cannot be predicted or quantified and are beyond the Company's control. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying these forward-looking statements. These risks and uncertainties include economic and market conditions, audit-related costs and findings and legal proceedings and their effects on the Company's expected financial results. Other factors that could cause actual results to differ materially from expectations are described in the Company's reports filed with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934.

SOURCE: Park City Group, Inc.

Cameron Associates
John McNamara, 212-245-8800 Ext. 205
[e-mail]


Copyright Business Wire 2006

[Frickhasser]

Market Pulse Announces Its AM Stock Picks for Friday, April 28, 2006: ORCL, PKCY, DELL, PTSC

Friday , April 28, 2006 08:45 ET

ATLANTA, Apr 28, 2006 (PRIMEZONE via COMTEX) -- Market Pulse is pleased to announce the following stock recommendations. Bernard Schmitt of Market Pulse states, "These notable stocks should be watched because they look great from a fundamental and technical perspective." Bernard possesses many years of experience in the financial industry recommending and evaluating stocks. He rates them as follows:

Oracle Corp. (Nasdaq: ORCL): Market Outperform

Park City Group Inc. (OTCBBKCY): Attractive

Dell Inc. (NasdaqELL): Bearish

Patriot Scientific Corp. (OTCBBTSC): Attractive

[xx2ww]

[ushuaia]

[ushuaia]

Times&Sales
Zeit Kurs + Zusatz Umsatz Umsatz kumuliert
15:40:38 0,12 100.000 170.000
15:29:40 0,07 35.000 70.000
14:48:17 0,09 35.000 35.000
09:07:51 0,011 0 0

[Frickhasser]

Last:

0.075 pkcy - PARK CITY GROUP INC
Change:

+0.01 % Change:

+15.87% High:

0.075 Low:

0.069 Volume:

1,260,967

Price Data Table
Open 0.069
Previous Close 0.075
Exchange of Last Sale OTCBB
Time of Last Sale 09:55:52
Tick Up
Bid 0.073
Ask
Size Bid/Ask 50x50
Symbol Type Equity

Fundamental Data Table
52 Week High 0.11
52 Week Low 0.02
EPS 0.01
P/E Ratio 6.30
Shares Outstanding 239,000,000
Market Cap 17,924,000
Beta 0.556
Dividend Frequency
Ex-Dividend Date
Dividend Amount
Yield 0.00
Primary Exchange OTCBB

wer bezahlt denn da 0,12 Euro. Ist ja ein enormer Aufschlag

[Frickhasser]

Analysten-Bewertung - 20.04.04


Park City Group spek. interessant


Die Experten von " Swiss Financial Report" sind der Meinung, dass die Aktie von Park City Group (/ WKN 925919) spekulativ interessant ist. Der Einzelhandel stecke in einer tiefen Konjunkturkrise: Die Kunden würden sich beim Konsum zurückhalten und der Preiskampf lasse die Gewinnmargen schmelzen. Verzweifelt würden die großen Einzelhandelsketten nach Mitteln und Wegen suchen, um ihre Kosten noch weiter zu senken. Darüber hinaus " flüchten" die Manager vermehrt in Richtung leicht verderbliche Lebensmittel, da hier die Margen deutlich höher seien. Park City entwickle und vertreibe Software, die Kunden aus dem Einzelhandel helfe, einerseits ihre Verkaufszahlen zu steigern während man parallel die zwei größten Kostenfaktoren reduziere: Lager- und Personalkosten. Dem Unternehmen sei es seit der Gründung vor über 13 Jahren gelungen, namhafte amerikanische Großkonzerne wie Anheuser Busch (eine der größten Brauereien der Welt!), Foot Locker, The Home Depot oder Tesco Lotus als treue Kunden zu gewinnen. Die einzigartige Technologie habe ihren Ursprung im extrem erfolgreichen Geschäft von " Mrs. Fields Cookies" , eine der bekanntesten Einzelhandelsketten in den USA. Denn diese sei vom heutigen Park City Vorstand mitgegründet worden. Daher sei das Managementteam als außerordentlich erfahren einzustufen und habe zudem profunde Kenntnisse im Einzelhandel. Und genau diese Erfahrung und Kenntnisse würden in den Produkten von Park City stecken. Die Softwareprodukte " ActionManager" und " Fresh Market Manager" , seien zusammen eine nahezu konkurrenzlose Komplettlösung! Dank der derzeitigen Konsum flaute seien die Marktchancen im Einzelhandelssektor sehr groß. Und Park City habe noch viel mehr vor: Sobald die Patente auch außerhalb Nordamerikas erteilt würden, stehe einer weltweiten Expansion nichts mehr im Wege. Hier liege ein enormes zusätzliches Potenzial! Aus gut informierten Kreisen habe man erfahren, dass momentan bereits mit mehreren internationalen Vertriebspartnern intensiv verhandelt werde. Denn die Pläne für die weltweite Vermarktung der Park City-Produkte würden schon fix und fertig in der Schublade liegen! Darüber hinaus habe man erfahren, dass Park City derzeit in der Endphase von Verhandlungen mit namhaften Neukunden sei. Man dürfe gespannt sein! Park City habe die Umsätze im zweiten Quartal um beachtliche 94 Prozent im Vergleich zum Vorjahr gesteigert. Schnelles Wachstum und steigende Umsätze seien nicht alles, werde man jetzt denken. Doch bei Park City stimme einfach alles: Denn seit den letzten zwei aufeinander folgenden Quartalen schreibe Park City jetzt zudem schwarze Zahlen! Und das rasante Wachstum sei kein Zufall: Dank des cleveren Lizenzmodells dürfte sich das Tempo bei Park City noch verstärken. Denn Park City-Kunden müssten pro Filiale jeweils eine Lizenz erwerben. Park City vereine alle Eigenschaften, die eine Aktie zwangsläufig steigen lassen würden: Das richtige Produkt zur richtigen Zeit, explodierende Umsätze und gleichzeitig Gewinne! Die Aktien würden auch in Berlin zu deutlich geringeren (Bank-)spesen gehandelt. Man solle seine Aufträge streng limitieren. Die Aktie eigne sich nur für spekulative Anleger, die mit großen Kursschwankungen umgehen könnten! Die Experten von " Swiss Financial Report" erwarten in den nächsten Woche laufend weitere positive Unternehmensmeldung und empfehlen aus diesen Gründen den Kauf von Park City-Aktien mit einem Kursziel von 0,35 US-Dollar. Gestern habe die Aktie in New York bei 0,13 US-Dollar geschlossen.

Quelle: Swiss Financial Report

diese Empfehlung ist zwar schon etwas älter aber ich denke nach den News der letzten Wochen sollte dieses Kursziel in den nächsten Monaten erreichbar sein.

[axcol]

Moin
bin seid Mittwoch auch dabei.

[Frickhasser]

Click on the column header links to resort ascending or descending .


Insider
Select an insider below for more information. Relation Last
Date Form
Type Trans
Type Own
Type Shares
Traded Last
Price Shares
Held
BRENNAN, BERNARD F. DIR 03/08/2006 Form 4 JB D 41,667 $0.060 10,580,644

BROADHEAD, SHAUN VP 03/08/2006 Form 4 JB D 193,897 $0.050 2,832,778

DOLL, CAROLYN VP 03/08/2006 Form 4 JB D 193,897 $0.050 2,832,778

FIELDS, RANDALL K. CEO 03/08/2006 Form 4 JB D 323,165 $0.050 24,163,601

WILSON, THOMAS W., JR. DIR 03/08/2006 Form 4 JB D 41,667 $0.060 9,968,543

FIELDS, RANDALL K. CEO 02/01/2006 Form 4 Option OE IN 2,928,571 $0.040 117,260,704

BRENNAN, BERNARD F. DIR 11/23/2005 Form 4 JB D 175,000 $0.040 10,538,977

BROADHEAD, SHAUN VP 11/23/2005 Form 4 JB D 216,668 $0.050 2,638,881

DMYTRYK, C. EDWARD. DIR 11/23/2005 Form 4 JB D 216,667 $0.040 1,356,960

DOLL, CAROLYN VP 11/23/2005 Form 4 JB D 216,668 $0.050 2,638,881

FIELDS, RANDALL K. CEO 11/23/2005 Form 4 JB D 250,002 $0.050 23,921,079

WILSON, THOMAS W., JR. DIR 11/23/2005 Form 4 JB D 175,000 $0.040 9,926,876

FIELDS, RANDALL K. CEO 07/19/2005 Form 4 JB D 155,750 $0.061 23,671,077

FIELDS, RANDALL K. CEO 07/15/2005 Form 4 JB IN 134,411 $0.040 114,332,133

BROADHEAD, SHAUN VP 07/06/2005 Form 4 JB D 493,059 $0.050 2,422,213

DOLL, CAROLYN DIR 07/06/2005 Form 4 JB D 493,059 $0.050 2,422,213

FIELDS, RANDALL K. CEO 07/06/2005 Form 4 JB D 493,059 $0.050 23,515,327

FIELDS, RANDALL K. CEO 05/09/2005 Form 4 S IN (50,000) $0.049 114,197,722

FIELDS, RANDALL K. CEO 05/02/2005 Form 4 S IN (50,000) $0.049 114,247,722

FIELDS, RANDALL K. CEO 04/15/2005 Form 4 JS IN (2,000,000) - 114,297,722



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Relation Codes
DIR - Director
VP - Vice President
CEO - Chief Executive Officer
Back to top

Trans Type Codes
JB - Acquisition (Non Open Market)
OE - Option Exercise
S - Sell
JS - Disposition (Non Open Market)
Back to top

Ownership Type Codes
D - Direct
IN - Indirect
Back to top

Hier mal ein paar ganz interessante Insiderdaten

[Frickhasser]

Gehen ja ordentliche Pakete in USA übern Tisch

[Elrond]

schnell alle rein .....


so wie immer ....

[Frickhasser]

Antwort auf Beitrag Nr.: 21.367.373 von Elrond am 28.04.06 17:33:38

na du brauchst ja nicht rein gehen kannst ja warten bis eine Empfehlung kommt

Allerdings wirds dann bestimmt nicht billiger

[Elrond]

Antwort auf Beitrag Nr.: 21.367.644 von Frickhasser am 28.04.06 17:46:12

lohnt sich für mich nimmer .... iss schon zu teuer

[kepsale]

bin auch mal mit ner kleinen Position rein. Hört sich interessant an die Story.

[dagobert58]

seltsam dass da nicht mehr geht. Die haben mit der Oracle Geschichte echt Top news aber tut sich relativ wenig hier wie dort (USA) und in Frankfurt ist die Hälfte des heutigen Tagesgewinns schon wieder futsch?

[Frickhasser]

Antwort auf Beitrag Nr.: 21.368.989 von dagobert58 am 28.04.06 19:07:10

Hi dagobert58

ja da muss ich dir leider recht geben. Aber die Umsätze in USA sind doch schon ganz ordentlich.

Und zum Kurs in Frankfurt. Wurde ja über 50 % Aufschlag bezahlt

Ich denke hier muss man einfach längerfristig denken.

[dagobert58]

@Frickhasser

ich finde es auf jeden Fall ein interessantes Papier und langfristig sitzt da jede Menge Potential drin. Deshalb bleibe ich drin und kaufe nach bei entsprechendem Kurs.

Was mich nur ärgert/irritiert ist dass es andere Werte gibt, die wegen 0-News nach oben gepusht werden und hier ein Wert mit Substanz hängenbleibt... Naja, wenn's dann so sein soll, mir auch recht, ich kann warten!

[kepsale]

Antwort auf Beitrag Nr.: 21.369.403 von dagobert58 am 28.04.06 19:34:59

Ich finde es gut, wenn eine Aktie nicht gepusht wird. Das heist, die haben das nicht nötig einen Pusherbrief anzuheuern! Und das find ich auch gut so!

[Frickhasser]

:eek NEWS
-----------------
Del Monte Fresh Produce NA Signs Agreement with Park City Group to Enhance Its Customer Relationships; Major Food Industry Supplier Establishes Relationship with Park City Group's Professional Services Division
THURSDAY, MAY 04, 2006 7:00 AM
- BusinessWire




PKCY
0.074 +0.009





Enter Symbol:



Enter Keyword:



PARK CITY, Utah, May 04, 2006 (BUSINESS WIRE) -- Park City Group, Inc. (PKCY) today announced that it has established a relationship with Del Monte Fresh Produce NA to provide tools and analytics in support of their branded fresh cut fruit program. Del Monte Fresh will utilize Park City Group's analytic tools and professional consulting services to enhance their already successful relationship with their retail customers. Park City Group's Professional Services Division will assist Del Monte Fresh in efforts to provide better quality and freshness for consumers, while delivering improved sales and higher profits for their retail customers.

Del Monte Fresh Produce NA, based in Coral Gables, Florida is one of the world's leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared fruit and vegetables, juices, beverages, snacks, and desserts in Europe, the Middle East and Africa. Del Monte Fresh Produce Company markets its fresh products worldwide under the Del Monte(R) brand, a symbol of product quality, freshness and reliability since 1892. In FY 2005, Fresh Del Monte Produce reported net sales of over $3.3 billion dollars.

Speaking of the agreement, Randall K. Fields, Park City Group's Chairman and Chief Executive, said, "This is another key milestone for Park City Group and our Professional Services Division. We are experiencing very rapid growth in our Professional Services group and this agreement with Del Monte adds to our momentum. Our Professional Service's staff is unparalleled in their brand and retail management experience, and Del Monte is one of the best known names in the food business. We are proud to be associated with them and their commitment to freshness, quality, and the success of their retail customers."

About Park City Group

Park City Group, Inc. develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. To find out more about Park City Group (PKCY) visit our website at www.parkcitygroup.com.

Statements in this press release that relate to Park City Group's future plans, objectives, expectations, performance, events and the like are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Future events, risks and uncertainties, individually or in the aggregate, could cause actual results to differ materially from those expressed or implied in these statements. Those factors could include changes in economic conditions that may change demand for the Company's products and services and other factors discussed in the "forward-looking information" section and the "risk factor" section of the management's discussion and analysis included in the Company's report on Form 10-K for the year ended June 30, 2003 filed with the Securities and Exchange Commission. This release is comprised of interrelated information that must be interpreted in the context of all of the information provided and care should be exercised not to consider portions of this release out of context. Park City Group uses paid services of investor relations organizations to promote the Company to the investment community. Investments in any company should be considered speculative and prior to acquisition, should be thoroughly researched. Park City Group does not intend to update these forward-looking statements prior to announcement of quarterly or annual results.

SOURCE: Park City Group, Inc.

Cameron Associates
John McNamara, 212-245-8800 Ext. 205
[e-mail]


Copyright Business Wire 2006

[Frickhasser]

Detailed Quote Snapshot 05/04/2006 10:54 AM
Last:

0.075 pkcy - PARK CITY GROUP INC
Change:

+0.01 % Change:

+15.38% High:

0.075 Low:

0.068 Volume:

1,239,574

Price Data Table
Open 0.068
Previous Close 0.075
Exchange of Last Sale OTCBB
Time of Last Sale 10:50:23
Tick Unchanged
Bid 0.074
Ask
Size Bid/Ask 50x50
Symbol Type Equity

Fundamental Data Table
52 Week High 0.11
52 Week Low 0.02
EPS 0.01
P/E Ratio 6.50
Shares Outstanding 247,000,000
Market Cap 18,493,000
Beta 0.981
Dividend Frequency
Ex-Dividend Date
Dividend Amount
Yield 0.00
Primary Exchange OTCBB


ordentlichse Volumen nach gerade mal etwas über 1 Stunde

So kann es weiter gehen

Glückwunsch an den Käufer der die Tage 30.000 St zu 0,025 Euro in Frankfurt gekriegt hat

[CaptainProton]

Au ha, mal sehen ob dieser Versuch besser läuft ( Thread: Park City - Neuvorstellung bei w:o ).

Potentielle Anleger sollten sich mal mit dem Geschäftsmodell befassen.
Hat übrigens nichts mit Öl, Gold oder Bio-Ethanol zu tun, Fricki.

[CaptainProton]

Antwort auf Beitrag Nr.: 21.432.438 von CaptainProton am 04.05.06 17:07:40

An die Experten hier:

Bitte doch nur einmal Aktienanzahl, Marktkapitalisierung und Umsatz posten. Ich glaube danach hat sich vieles erledigt und das Einstellen von langen, unverständlichen Texten und Zahlenkolonnen kann man sich schenken.

[Frickhasser]

Antwort auf Beitrag Nr.: 21.432.438 von CaptainProton am 04.05.06 17:07:40

was willst denn mit dem alten Thread.

Und warum bitte sollte man keine Meldung hier reinstellen.

[calibra21]

Mal was neues

Es wird noch besser! www.otcbbcoverage.com covert PKCY!

1. Profile

Park City Group, Inc (PTCY). develops and markets patented computer software that helps its retail customers to increase their sales while reducing their inventory and labor costs: the two largest, controllable expenses in the retail industry. The technology has its genesis in the operations of Mrs. Fields Cookies, co-founded by Randy Fields, CEO of Park City Group, Inc. Industry leading customers such as The Home Depot, Victoria's Secret, The Limited, Anheuser Busch Entertainment and Tesco Lotus benefit from our software. For more about Park City Group (OTCBB:PKCY) visit our website at www.parkcitygroup.com.

2. Technical Analysis

2.1. Long Term Chart



PCTY is trading around the same levels it was when it entered the public market in final 2002, which is a positive sign for a penny stock.

2.2. Medium Term Chart



The stock has been trading between a support level of $0.038 and a resistance level of around $0.105. It hit the resistance level today and as a consequent is falling back down. This may present an attractive buying opportunity, if the fundamentals are supportive.

2.3. Short Term Chart



Technically, an entry in the $0.075 - $0.080 range may be appropriate. Let's study a bit of the fundamentals.

3. Fundamental Analysis

3.1. Latest News

• Barrow Street Research Initiates Coverage of Park City Group

I've read the text, it was instructive. The company expects fiscal 2006 (which is less than 2 months from over) to be a profitable year. Management has vast experience and prior success. The analyst that wrote the text received $5,000 from the company to do it.

• Oracle Corporation Signs Licensing Agreement with Park City Group

This business is obviously positive, but the press release shares no details. Management seems to pursuit an increase in shareholder value.

• Market Pulse Announces Corporate Profile on Park City Group, Inc.

Here the CEO says the following: «We have already booked more business in the first half of this fiscal year than we did in all of last fiscal year and we look forward to a strong second half of the fiscal year as well.''»

• Park City Group Substantially Strengthens Balance Sheet

After this conversion the company will have 351 million shares outstanding, so the market cap is 351,000,000*$0.089 = $31.24 M. The press release also says this: «The Company earned $1.8 million on $4.8 million of revenue in the first six months of this year and this reduction in debt will have a meaningful impact on net income going forward as well. We are a much stronger company as a result.."» $1.8 M for the first 6 months may mean $3.6 M or more for the full fiscal 2006. This means the earnings multiple is 8.68.

3.2. Number of Shares Outstanding



There's some increase on the share count but for a good reason, to reduce interest expense.

3.3. Working Capital



PKCY certainly needed to strengthen its balance sheet. It still looks weak, with just $1.32 M in assets.

3.4. Revenues



The company had erratic revenue numbers in the past. Revenue growth isn't stable. But 2006 is shaping up to be the best year ever for the company. Will it continue from here? Well, the news and outlook is certainly positive.

3.5. Net Income



Perhaps assuming the second half of fiscal 2006 will be as profitable as the first half is a long shot, but the CEO himself says the second half has been «strong». If this estimate is true, PKCY would be currently trading at about 9 times earnings, and software companies trade at 35 times earnings on average.

4. General Overview

If estimates are right PKCY may be trading at a significant discount. But the company has been quite irregular and the balance sheet is still weak. I enjoy the company's products and it's client base. Also the recent agreement with Oracle is promising (but the company didn't disclose details on the deal).

I'm not running to buy the stock just yet but I'm interested. I'll keep it under close eye and I'll update this thread with new information.

5. Disclosure

www.otcbbcoverage.com is a new website that focus on covering OTCBB traded stocks. From now on this will be the PTCY's thread for serious investors that like to go deep into a company's fundamentals and technicals. You're invited to post questions or comments, which will be answered by our team of analysts and traders. Thank you

[calibra21]

Es wird kommende Woche sehr spannend.

Kurzfristiger Abwärtstrend ist intakt, aber auch die Unterstützung hat gehalten.