Pick für nächste Woche: INSN - 500 Beiträge pro Seite

[iknowtheway]

Aktie hat ihren Boden gefunden und wird in den kommenden Wochen gut für 100-300 % sein. Die letzten Nachrichten waren gut und werden die Aktie weiter beflügeln.

Iknowtheway

[schakal23]

meinst du das hier?
A0C8CV

[Deggen]

Das gleiche gilt für Skyway Communications Hldg (SWYCQ)

Unglaublicher Chart http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

Sieht so aus als ob die Aktie den Boden gefunden hat und ihre Talfahrt endlich beendet ist. Riesiges Reboundpotential!!!
Nachdem die Aktie am Donnerstag 25% und am Freitag 30% zulegen konnte, bin ich mir ziemlich sicher das nächste Woche die 1 Cent Marke wieder angegriffen wird. Im Ragingbull Forum wird schon über die nächsten News spekuliert.

Sehr volatiler Titel mit hohem Risiko aber auch extremen Chancen.
Unbedingt auf die Watch setzen

[iknowtheway]

"A0C8CV"
yup, genau die

[iknowtheway]

Mal sehen was der Tag bringt. Wird 0.0027 geknackt ist der Weg frei nach oben.

[iknowtheway]

Volume picking up

[ds1000]

also ein bisserl wart` ich noch;

[iknowtheway]

Plus 8 %. Ganz gut für den ersten Tag. Heute wird 0.003 geknackt........

[iknowtheway]

InsynQ Offers Novell Version of Its Linux-Native Accounting and Finance Software
Tuesday August 2, 6:00 am ET


TACOMA, WA--(MARKET WIRE)--Aug 2, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online accounting solutions, owner of Appgen Business Software, and a Novell Technology Partner, announced today the availability of its MyBooks Professional and Custom Suite accounting and business management applications for Novell`s SUSE LINUX operating system. Both applications run on the Novell Linux Desktop, Novell Linux Small Business Suite and SUSE LINUX Enterprise Server.
ADVERTISEMENT


In addition, InsynQ is preparing a special optimized Novell package of MyBooks Professional and Custom Suite in time for the Linux World Conference and Expo in San Francisco from August 8-11, 2005.

The Novell-compatible offering of MyBooks Professional, the award-winning small business accounting package, is another example of how Appgen`s business and accounting applications -- Linux-native since 1997 -- support the Linux desktop. MyBooks Professional has both a Linux server and Linux client application, as well as an ODBC server for additional data access and reporting.

John P. Gorst, Chairman and CEO of InsynQ, stated, "MyBooks Professional for Novell is a commercial application for the Linux desktop that meets demand in the business market for low-cost computing alternatives. This offering helps Appgen Business Software further address the Linux market with an entry-level accounting solution with the option for easy customization and scalability through Appgen`s 4GL Development System."

"We`re excited that Novell customers will now have the ability to run InsynQ`s Appgen MyBooks Professional accounting software on SUSE LINUX," said Ed Anderson, vice president of product marketing for Novell. "This affordable, complete accounting and finance solution, optimized for SUSE LINUX and available for Novell Linux Desktop, will benefit our customers in the small to medium business market now and as their businesses grow."

Appgen`s MyBooks Professional and its other products, Custom Suite, and the Executive Dashboard, run on various Linux distributions, as well as Windows and MAC OSX. The Appgen 4GL Development System has been designed to run in a variety of Unix/Linux environments.

About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ`s purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ`s delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-

[Cyne]

Die Aktie sieht gut aus!Was für einen Kurs erwartet ihr Ende Woche?

[iknowtheway]

Also ich denke, dass wenn die 0.003 fallen wir schnell in richtung 0.005 marschieren. Denke, dass dies in dieser Woche drinn sein dürfte.......

Iknowtheway

[iknowtheway]

LEVEL II in Pre-Market sieht gut aus

[iknowtheway]

Sieht gut aus bis jetzt
Unter 0.003 sollte man getrost zugreifen......

Iknowtheway

[ds1000]

bin seit heute mit 0,0026 dabei; hoffen wir das Beste

Servus

[iknowtheway]

0.003 geknackt
Let the party beginn.......

[ds1000]

naja schaut net schlecht aus für`s erste

[iknowtheway]

000.4 coming really soon

[iknowtheway]

Ok, nette Reise. Bin raus. Wer weiss wo die fahrt noch hingeht........

Good luck!

Iknowtheway

[ds1000]

so bin auch mit netten 50%+ raus; versuch`s jetzt mit ARSC.OB

Servus

[iknowtheway]

Tja, da sind wir beide wohl zu früh raus.....
Das kommt davon, wenn man zum Fußballspielen muss. Aber dafür habe ich mit Kloppo (Jürgen Klopp) high five gemacht

[UH1d]

Bin heute erst zu 0,0035 rein.

Viel Glück

[UH1d]

Press Release Source: InsynQ, Inc.


InsynQ and Win4Lin Cooperate on Linux Desktop Hosting Project
Thursday August 4, 6:00 am ET
Companies to Highlight Development Project at LinuxWorld San Francisco, August 9-11, 2005


TACOMA, WA--(MARKET WIRE)--Aug 4, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online business and accounting solutions, announced today it is working cooperatively with Win4Lin to develop broad application hosting capabilities on the Linux platform for individuals or enterprises.
ADVERTISEMENT


Currently, users who want to take advantage of anytime-anywhere computing use InsynQ`s hosting services, accessing such popular Windows-based applications as Intuit QuickBooks Pro® or Microsoft Office®. InsynQ sees potential for lower-cost delivery of hosting services by taking advantage of the Linux-platform capabilities and the Win4Lin application environment, while concurrently broadening the service platform to include hosted Linux desktop and application offerings.

"The market has already proven the value of hosted application services," said Joanie Mann, Executive Vice President of InsynQ. "We believe it may be possible to further reduce the platform costs of hosting by running Linux as the underlying OS for some deliveries, and using Win4Lin to enable the use of certain Windows applications in the environment."

"We were one of the first companies to launch application hosting services for Windows, and now we see value in creating additional, alternative, hosting environments with Linux," added John Gorst, President and CEO of InsynQ. "The same philosophy we have with applications -- that one size does not fit all -- rings true with platform services, as well. We intend to offer the choice that the market wants and needs."

"Hosting Windows applications on Linux infrastructure combines the best of both worlds giving end users even more benefit from adopting highly available and mobile applications," said Jim Curtin, President and CEO, Win4Lin, Inc. "Using Win4Lin for hosted virtual desktops offers increased security, reliability and lower administrative costs for enterprises allowing them to fix their desktop computing costs as demonstrated by InsynQ`s managed application services."

Both companies are exhibiting at LinuxWorld San Francisco, August 9-11, 2005, and will provide more information about the project.

About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ`s purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ`s delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-2000.

About Win4Lin

Win4Lin is a leader in technology for creating virtualization solutions on Linux. With Win4Lin Virtual Computing Environment (VCE), the company supplies Fortune 500 enterprises, educational institutions and desktop users with solutions that allow them to run the Windows operating system and Windows applications on Linux in true Windows sessions.

For more information about Win4Lin and its products, please visit www.win4lin.com.

Forward-Looking Statements

Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company`s actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company`s filings with the Securities and Exchange Commission.



Contact:

[UH1d]

http://www.win4lin.com/

[UH1d]

Das geht ja morgen los, evtl. neue aufträge?

Both companies are exhibiting at LinuxWorld San Francisco, August 9-11, 2005, and will provide more information about the project.

gruß

[UH1d]

Heute beobachten haben sich gestern gegen Handelsende gut erholt!

Gruß

[UH1d]

Auch noch News!!

InsynQ`s Appgen Software Proven on Linux Terminal Servers and Diskless Workstations
Thursday August 11, 6:00 am ET
Demo Available at Linux Terminal Server Project (LTSP) Booth at LinuxWorld San Francisco

TACOMA, WA--(MARKET WIRE)--Aug 11, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online business and accounting solutions and owner of Appgen Business Software, announced today that one of its Appgen Platinum Resellers and development partners, Venegas Littman & Associates, has successfully demonstrated Appgen software running on a Linux server and accessed by Linux thin-client diskless workstations. The demonstration uses systems and hardware from LTSP.org and DisklessWorkstations.Com.

ADVERTISEMENT
This configuration offers businesses a centrally managed and highly scalable desktop delivery option for running high-performance server-based applications on Linux, and takes specific advantage of the thin-client architecture of Appgen`s Java client application.

"Utility computing models have always conceived of using terminal services to provide fully managed hosted desktop services," said Joanie Mann, Executive Vice President of InsynQ. "LTSP.org represents a solid opportunity for running such services on the Linux platform, and coupled with the diskless workstations equipment, gives our resellers and customers the flexibility of using centralized and/or localized desktops to run their Appgen business software."

"Our Linux Terminal Server Project and workstations are extremely well-suited to run Appgen`s application environment," stated Ron Colcernian, Co-Founder of LTSP and President of DisklessWorkstation.Com. "Because of the thin-client architecture of the Appgen Java client for Linux, multiple high-performance sessions can be served by the terminal servers, optimizing scalability and cost-efficiency."

According to John Venegas, President of Venegas Littman & Associates, "LTSP thin-client terminals can deliver as much as 80 percent cost savings over ten years when considering ancillary expenditures such as configuration, replacements, OS and application reloads, technical support contracts, and acquisition of hardware and software."

A demonstration will be available at the LTSP booth at LinuxWorld San Francisco, August 9-11, 2005.

About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ`s purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ`s delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-2000.

Forward-Looking Statements

Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company`s actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company`s filings with the Securities and Exchange Commission.

[UH1d]

InsynQ`s Appgen Accounting Software Is `YES CERTIFIED` by Novell
Tuesday September 6, 6:00 am ET

TACOMA, WA--(MARKET WIRE)--Sep 6, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online accounting solutions, owner of Appgen Business Software, and a Novell Technology Partner, announced today that its Appgen MyBooks Professional 6.2 accounting application has successfully met Novell`s stringent "YES CERTIFIED" certification requirements.

ADVERTISEMENT
InsynQ recently created a Novell version of MyBooks Professional 6.2, the award-winning small business accounting package. This YES certification demonstrates the highest level of compatibility with Novell products including the SUSE Linux Enterprise Server 9 and Open Enterprise Server operating systems and Novell Linux Small Business Suite 9. The certification also assures customers the product is fully supported.

The certification is another example of how Appgen`s business and accounting applications -- Linux-native since 1997 -- support the Linux desktop. MyBooks Professional has both a Linux server and Linux client application, as well as an ODBC server for additional data access and reporting.

"As a Novell YES CERTIFIED partner product, MyBooks Professional becomes more accessible and identifiable to consumers wanting a low-cost accounting software alternative running on Linux," said Joanie Mann, Executive Vice President of InsynQ. "The YES mark is recognized worldwide as Novell-compatible and helps Appgen further address the Linux market with its entry-level, highly scalable accounting solution that includes the option for easy customization through Appgen`s 4GL Development System."

Appgen`s MyBooks Professional and its other products, Custom Suite, and the Executive Dashboard, run on various Linux distributions, as well as Windows and MAC OSX. The Appgen 4GL Development System has been designed to run in a variety of Unix/Linux environments.

About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ`s purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ`s delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-2000.

Forward-Looking Statements

Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company`s actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company`s filings with the Securities and Exchange Commission.

[UH1d]

Mal sehen wie es heute weitergeht. Die letzten beiden Tage lief sie ja gut:
Grüße

[UH1d]

Zeit zum nachlegen:
RT 0.0019

[UH1d]

Wie auch immer!?

Form 10KSB for INSYNQ INC

13-Sep-2005

Annual Report


ITEM 6. MANAGEMENT`S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion and analysis should be read in conjunction with the financial statements, including notes thereto, appearing in this Form 10-KSB.

Some of the information in this Form 10-KSB contains forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by forward-looking words such as "may", "will"`, "believes", "anticipates", "estimates", "expects", "continues"` and/or words of similar import. Forward-looking statements are based upon our management`s current expectations and beliefs concerning future developments and their potential effects upon us. There may be events in the future that we are not able to accurately predict or over which we have no control. Our actual results could differ materially from those anticipated for many reasons in these forward-looking statements. Factors that could cause or contribute to the differences include, but are not limited to, availability of financial resources adequate for short-, medium- and long-term needs, demand for our products and services and market acceptance, as well as those factors discussed and set forth under "Risk Factors", "Business", Management`s Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in this report.

We believe it is important to communicate our expectations, however, our management disclaims any obligation to update any forward-looking statements whether as a result of new information, future events or otherwise.

CRITICAL ACCOUNTING POLICIES AND ESTIMATES

GENERAL

Our discussion and analysis of our financial condition and results of operations as of for the year ended May 31, 2005, are based upon our audited financial statements, which are prepared in conformity with accounting principles generally accepted in the United States of America. As such, we are required to make certain estimates, judgments and assumptions that management believes are reasonable based upon the information available. We base these estimates on our historical experience, future expectations and various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for our judgments that may not be readily apparent from other sources. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. These estimates and assumptions relate to estimates of collectibility of accounts receivable, the realization of goodwill, the expected term of a customer relationship, accruals and other factors. We evaluate these estimates on an ongoing basis. Actual results could differ from those estimates under different assumption or conditions, and any differences could be material.

The financial statements have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (SEC) and, in the opinion of management, includes all adjustments necessary for a fair statement of the results of operations, financial position, and cash flows for each period presented. Our financial statements reflect the results of operations, financial position, changes in shareholders` deficit and cash flows.

A summary of the significant accounting policies which we believe are the most critical to aid in fully understanding and evaluating the accompanying financial statements include the following:

REVENUE RECOGNITION

APPLICATION SERVICE PROVIDER

Our principal source of revenue is generated from application hosting, managed software and other similar and related types of services. Application hosting and managed services revenues are generated through a variety of contractual arrangements directly with customers. We sell our services directly to customers through annual service subscriptions or month-to-month subscriptions. Subscription arrangements include monthly subscriber fees, user setup fees and a last month deposit. New subscription service fees are prorated and invoiced during the first month of service. Ensuing subscription services are invoiced at the beginning of each month for that month of service. User setup fees received are recognized upon completion of a customer`s deployment. Any prepaid amount, regardless if it is non-refundable, is recorded as a customer deposit and is generally applied to the last month`s service fee. Sale and promotional discounts are recorded as a reduction of revenues.

LICENSING FEES AND SALES OF SOFTWARE

On May 1, 2005, our Company added another source of revenue. This new source of revenue will be generated primarily from licensing fees billed to our Company`s value added reseller (VARS) and from the sales of software applications.

Sales of the Company`s software products are recognized at the time of sale to the end-user. The Company generally uses an e-commerce website to procure payment by credit card, and provides the software by magnetic media
(disc) or allows the end-user to download it directly to their computer.

The Company`s standard agreement for the sale of its software products limits its liability to the replacement of the magnetic media. The Company has not set up an allowance for future product warranty because the Company expects that any such amounts will be immaterial. Any future costs associated with warranty will be charged to the period in which the obligation is incurred. Discounts, if any, are recorded as a reduction of revenue at the time of sale.

VARS enter into a licensing agreement that allows them to resell to an end user either: (a.) a custom suite of enterprise accounting and management software or (b.) a standard off-the-shelf accounting software application. VARS sign an agreement with the Company for a period, generally one year, for a predetermined fixed licensing fee. The licensing fee revenue is recognized ratably over the term of agreement. Once an agreement is executed, the VARS are then entitled to resell or license the Company`s software under their proprietary name. The VARS will purchase the Company`s software (usually at wholesale prices) and customize the software to the end users` specifications. The Company recognizes revenue for the sale of its software to the VARS at the time of sale.

FAIR VALUE OF FINANCIAL INSTRUMENTS

Financial instruments consist principally of cash, accounts and related party receivables, trade and related party payables, accrued liabilities, and short and long-term debt obligations. The carrying amounts of such financial instruments in the accompanying balance sheets approximate their fair values due to their relatively short-term nature. It is our opinion that the Company is not exposed to significant currency or credit risks arising from these financial instruments.

USE OF ESTIMATES

The preparation of financial statements in conformity with accounting principles generally accepted in the United

States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

STOCK-BASED COMPENSATION

We account for stock based employee compensation arrangements in accordance with the provisions of Accounting Principles Board ("APB") Opinion No. 25 - "Accounting for Stock Issued to Employees"` and the related interpretations, and complies with the disclosure provisions of SFAS No. 148 - " Accounting for Stock Based Compensation". Under APB No. 25, compensation expense is based on the difference, if any, on the date the number of shares receivable is determined, between the estimated fair value of our stock and the exercise price of the options to purchase that stock.

We apply the provisions of SFAS No. 123 for stock-based awards to those entities other than our employees. Stock-based compensation expense for these awards is calculated over related service or vesting periods. Companies choosing the intrinsic-value method are required to disclose the pro-forma impact of the fair value method on its net income or net loss.

On February 11, 2005, two officers were each granted options to purchase 7,000,000 shares of common stock at an exercise price $0.0061 per share, the market price of our Company`s stock at the close of trading that day. The total value of these grants was $85,400, based on the Black-Scholes pricing model. The proforma impact for the year ended May 31, 2005 would have increased our reported net loss of $3,032,518 to a proforma net loss of $3,117,918. Both the reported and proforma net loss per share of common stock for the year ended May 31, 2005 was $0.05.

There was no proforma impact for the year ended May 31, 2004.

LOSS PER COMMON SHARE

We compute basic and diluted loss per share of common stock by dividing the net loss by the weighted average number of common shares outstanding available to common stockholders during the respective reporting period. However, common stock equivalents have been excluded from the computation of diluted loss per share of common stock for the years ended May 31, 2005 and 2004, respectively, because their effect would be anti-dilutive.

RECLASSIFICATIONS

Certain reclassifications have been made to the previously reported amounts to conform to our Company`s current year presentation. Effective May 31, 2004, management elected to reclassify related party receivables totaling $83,343 from current assets to stockholders` equity to conform with this year`s Balance Sheets. The effects of this reclassification reduced previously reported current assets and total assets from $216,075 and $543,053, respectively, to $132,732 and $459,710, respectively. The effect of this reclassification also increased the working capital deficit as previously reported from $4,398,102 to $4,481,445 and the total stockholders` deficit as previously reported from $4,071,124 to $4,154,467.

Also, as a result of reclassifying the related party receivables from current assets to stockholders` deficit, management elected to reclassify this asset on the Statements of Cash Flows. The effect of this reclassification reduced previously reported net cash used in operating activities from $496,287 to $397,306, and, reduced cash flows from financing activities from $552,765 to $453,784. There was no effect on previously reported net loss or net loss per share of common stock for the year ended May 31, 2004.

RECENT AUTHORITATIVE ACCOUNTING PRONOUNCEMENTS

In December 2004, the FASB issued SFAS No. 123 (R), "Share-Based Payment". SFAS No. 123 (R) revises SFAS No. 123, "Accounting for Stock-Based Compensation" and supersedes APB Opinion No. 25, "Accounting for Stock Issued to Employees". SFAS No. 123 (R) focuses primarily on the accounting for transactions in which an entity obtains employee services in share-based payment transactions. SFAS No.
123 (R) requires companies to recognize in the statement of operations the cost of employee services received in exchange for awards of equity instruments based on the grant-date fair value of those awards (with limited exceptions). SFAS No.
123 (R) is effective as of the first interim or annual reporting period of the first fiscal; year that begins after June 15, 2005 for non-small business issuers and after December 15, 2005 for small business issuers.

Accordingly, the Company will adopt SFAS No. 123 (R) in its quarter ending February 28, 2006. The Company is currently evaluating the provisions of SFAS No. 123 (R) and has not yet determined the impact, if any, that SFAS NO 123 (R) will have on its financial statement presentation or disclosures.

OVERVIEW

On July 16, 2004, our Board of Directors approved a 50 for 1 reverse split of our authorized common stock. Accordingly, the date of record and the effective date was August 2, 2004. Par value remained unchanged at $.001 per share. The effect of the reverse split reduced the number of authorized shares from 500,000,000 to 10,000,000 and reduced the number of outstanding and issued shares of common stock from 445,384,987 at August 2, 2004 shares to 8,907,700. Upon the conversion, all resulting fractional shares were rounded up to nearest whole share. In addition, we cancelled all of the shareholders holding nine or less shares of post-split stock.

For comparative purposes, all shares of common stock and per share amounts in the Form 10-KSB, and the accompanying financial statements and notes to financial statements have been retroactively restated to reflect this August 2, 2004 transaction.

In addition, our Board approved in its July 16, 2004 meeting, the authorization of 1,000,000 shares of its 10,000,000 shares of preferred stock to be specifically designated as, "Series A Non-Participating Preferred Stock", with a par value at $0.001 per share. Also, each share has 1,000 votes on all matters upon which the shareholders are entitled to vote. Our Board then issued 165,000 shares of this stock in equal amounts to its three corporate officers. As a result of the reverse split on August 2, 2004 and the July 16, 2004 issuance of the 165,000 shares of Series A, Non-Participating Preferred Stock, our three corporate officers have the ability to control the outcome of any item coming to a vote before the stockholders.

Also at the July 16, 2004 Board Meeting, the Board of Directors adopted, by unanimous consent, to approve the increase of the number of authorized shares of common stock from 10 million to 2 billion shares. On August 2, 2004, we received the written consent in lieu of a meeting of stockholders from our stockholders who were entitled to vote a majority of the common stock and Series A Preferred Stock, which approved the July 16, 2004 action of the Board of Directors.

OUR BUSINESS

Our Company has been operating since 1999, primarily as an application service provider ("ASP"). On April 30, 2005 we purchased certain assets from Aptus Corp., a related party, namely its intellectual property. We now own the licensing rights, the code and the trademarks of intellectual property allowing us to sell and license our own proprietary software applications to end users as further explained below. Therefore, as of our year ended May 31, 2005, our Company now has two principal revenue sources:

(I.) the hosting of software applications and related services commonly referred to ASP`s, and,

(II.) the licensing and the sales of our proprietary software applications.

The following discussion more fully describes these complimentary services and products:

I. An ASP offers the infrastructure, servers and data center(s) and the technical expertise to host software

business solutions distributed over Internet ready computers. The hosted customer uses a web browser to run software products, anywhere at anytime, without the need to download or install a software application. We manage and host software applications and data, Web hosting services, Web-based local and wide area networks, and access to Internet marketing assistance and other related equipment and services. These products and services are offered as components or as an integrated whole, either sold directly or on a fee or a subscription basis.

We target small and medium enterprises and the high-end segment of the small office and home office market for the sale of hardware and hosted software and access to internet-related services. We provide products and services to our customer subscriber base, which allows our customers to adopt "web-based" computing that serves as an alternative to both traditional local wide area networks and traditional client-server implementations. Generally, we market ourselves as an Internet utility company that can provide all of the computer software, connectivity and internet-access needs for its customers on a cost effective basis.

Our complete IQ Delivery System and Internet Utility Service include managed network and application services, which can span from a customer`s keyboard to the data center. The service can also include internet-access provided by us or by a user selected telecommunications partner/provider. The final pieces of the system are the two secured data centers, which are located in Everett and Bellingham, Washington. These facilities, with redundant power, bandwidth and cooling, house our servers, routers and other critical equipment.

II. As of May 1, 2005, we sell a proprietary family of accounting and management software applications known as "Appgen Custom Suite" and "MyBooks Professional" and a financial quoting software application known as "QwikQuote". We primarily promote the sale of our Appgen software through value added resellers, commonly referred to as VARs. A VAR will participate in one of four reseller programs. Each reseller program offers an incremental level of benefits, and the fees for each program is structured accordingly. A VAR is a business that sells a product made by another business after adding something of value, such as another component, specialized software or other peripheral hardware. These resellers often develop their own applications around the Appgen Custom Suite and open up entirely new vertical markets for themselves while integrating the new packages or modules and customizations with the accounting software. MyBooks Professional is, essentially, "canned software", designed to accommodate the accounting and financial reporting needs of a small to medium sized business.

We sell our QwikQuote financial software, through our website and through a web-based, on-line e-commerce site. QwikQuote is a sales quotation and product management software product designed to assist a company`s sales force in calculating and recalculating pricing arrangements, products` margins and commissions and interact with leading contact management software, quickly and accurately.

RESULTS OF OPERATIONS

We reported a net loss of $3,032,518 and $873,829 for the years ended May 31, 2005 and 2004, respectively. The current fiscal year`s net loss increased $2,158,689 over the prior year`s net loss primarily because of:

a. The recognition of an unamortized discount of $488,331 to interest expense due to an early call of our $900,000 convertible notes payable, and
b. The recording of a call premium of $281,488 for paying off the $900,000 convertible notes prior to maturity. The premium was calculated at 130% of the principal and accrued interest, and
c. An increase in interest expense of $449,000, and
d. The decrease in revenues of $73,000, and
e. The net decrease in total costs and expenses of $883,130 due primarily to a reduction of professional and consulting expenses of $1,060,000. We also incurred overall higher non-professional and consulting operating and overhead costs due to increased salaries, rents and outside contractor charges which offset the reduction discussed by approximately $179,000, and
f. The decrease in the recognized gain from the settlement of debts and obligations by over $1,750,000 from the prior year.

In fiscal 2004 we settled over $2.7 million of debt for $704,000 in stock and cash. Had we not settled these debts, we very possibly would have reported a net loss of approximately $2.9 million for fiscal 2004, a number more in line with what we are currently reporting for fiscal 2005.

For the year ended May 31, 2005, net revenues decreased approximately $73,115 or 5.9% over the same period one year ago. Although we are reporting a revenue decrease for fiscal 2005, which can be directly attributable to the loss of a few enterprise customers, our seat count for fiscal year 2005 increased 10.9% over the same fiscal period one year ago. Regardless of our efforts to increase the number of seats for fiscal 2005 over fiscal 2004, we were not able to generate new revenues equal to the loss of our customers who had cancelled. Those few enterprise customers who had cancelled generated disproportionately higher revenues per seat, and, generally without discounts, than the pricing structure of the new seats gained. In addition, in order to attract new customers, we granted to a larger number of customers, more than the planned amount of discounts for this current year. We believe, however, our customer base is finding immediate and long-term advantages to the "host on demand" concept, both administratively and financially, because it allows them to be able to have immediate access to their corporate computing needs anytime and anywhere in the world for a reasonable fee.

We only had one month of reported revenues (May 2005) from the licensing and sales of our software applications which totaled approximately $24,600.

We have intensified our marketing and sales efforts via the Internet, enhanced and improved our website, and now offer even more professional products, such as the Appgen Custom Suite, MyBooks Professional and QwikQuote applications. Management believes it will grow the revenues of our core business principally through web-based contacts and the addition of our VARs and selected e-commerce sites selling our products.

In order to provide competitive pricing to our customers, and to encourage new customers to use our service and products, we have offered short-term discounts and, for limited periods, free product usage through various promotional offerings. Discounted offerings will continue into fiscal 2006 as part of our promotional efforts to be recognized in our industry as competitive, and gaining more share of the market. Discounts and promotional adjustments for the years ended May 31, 2005 and 2004 were $103,951 and $92,311, respectively, or 9.2% and 7.0% of gross revenues. Since we grew the number of seats by 10.9% over the same fiscal period one year ago, management expected our dollar volume discounts to also increase proportionately.

In the beginning of our existence, we had to demonstrate and educate consumers of the real value and simplicity of operations, whereby encouraging signups by offering discounts on selected products and services. As a business practice, we do not advocate, nor promote the use of long-term discounts to attract potential customers and maintain positive relationships with existing customers. Discounts have been offered and will continue to be offered if it means we will attract and keep a valued and credit worthy customer. There are many criteria to meet before we can justify discounting our pricing structure for a customer. We will, however, consider pricing adjustments, similar to a discount, to a customer, if the business model and pricing structure means a mutually long-term, profitable business relationship whereby we both benefit.

We believe, due to our marketing, our improved website and our links to other notable partner websites, we have increased consumer understanding and awareness of our "host on demand" technology and our software products. Our main priorities relating to the generation of new customers and revenues are:

o Increase market awareness of our products and services through our strategic marketing plan,
o Increase the number of seats and applications per customer,
o Increase the number of VAR`s and software installations to end-users,
o Continue to accomplish technological economies of scale, and
o Continue to streamline and maximize efficiencies in our system implementation model.

As a result of these efforts, we should be able to sustain a reasonable and controlled growth rate of new customers. Even though we have experienced a decrease in revenue this fiscal period over our prior fiscal year, our seat count is favorably up and new customers are continually added. The decline in fiscal 2005 revenues, as compared to prior periods revenues, should not be considered necessarily indicative or interpolated as the trend to forecast our future revenues and results of operations. This is the first year in the history of our Company that we have not increased revenues.

COSTS AND EXPENSES

DIRECT COSTS OF REVENUES

During the year ended May 31, 2005, we incurred direct costs of services totaling $798,627 or 69.0% of revenues as compared to $822,497 or 66.9% of revenues for the same period one year ago.

The net decrease, or approximately $23,870, resulted primarily from:

o A decrease in depreciation expense of $88,300. This change is due to the fact that the estimated economic useful lives of most equipment have expired.
o A decrease in technical and customer service salaries and burden of approximately $65,130. Compared to the same period one year ago, we were down effectively one and one-half full-time equivalent employees.
o A decrease in our co-location costs of approximately $25,200. This decrease is a result of consolidating our co-location expenses with only one provider for all of 2005, whereas in 2004, we had two providers, which substantially increased our overhead expenses.
o A decrease in commission expense of $14,150. The sales commission program was suspended from April 1, 2004 through November 30, 2004 in order to preserve working capital.
o An increase in the use of outside/independent contractors of approximately $38,000.
o An increase of in licensing costs of $38,400. Licensing increased over 2004 because of the net increase number (1,625) of billed seats we are currently hosting.
o An increase of $85,800 in purchase of personal computers, printers, software and project costs. This increase is due to expensing unsold, prepaid licenses that expired in fiscal 2005, and the other costs associated with the completion of special project.
o An overall net increase in all other direct expenses was approximately $6,710

SELLING, GENERAL AND ADMINISTRATIVE EXPENSES

Selling, general and administrative expenses were $1,899,098 and $2,755,151 for the years ended May 31, 2005 and 2004, respectively. The expenses were allocated between non-cash and other compensation. Non-cash compensation is generally representative of the fair value of common stock, options and warrants issued to certain non-employees for services rendered and the amortization of unearned compensation.

A net decrease of approximately $856,000, or 31.1%, of expenses in this category occurred between fiscal 2005 and 2004, and can be quantified as follows:

o Professional, accounting and consulting fees decreased by approximately $1,179,000. Primarily the change occurred in the elimination and reduction of a significant portion of our independent business consulting and advisory relationships, of which, compensation for these services was generally recognized in the form of common stock.
o Legal fees increased approximately $119,000. This increase in legal fees can be correlated directly to the execution of two security purchase agreements (SPA`s) during this current fiscal year, of which these fees aggregated approximately $81,700.
o Officer compensation decreased by approximately $72,000. This reduction is a result of amending each key officer`s compensation agreement whereby the base salaries were reduced over the prior year`s base. This modification was made effective in February 2004 and the agreements will expire in February 2007.
o Bad debts increased by approximately $158,000. Of significance to this change is the decision by our management to increase the allowance for doubtful accounts of certain related party receivables this fiscal period by $74,000 and increase the allowance for doubtful trade accounts receivable by $10,000.
o Marketing, advertising and sales expenses increased an overall $49,000. This increase can be directly related to the elimination of a program whereby certain marketing and sales staff costs were shared under a related party agreement.
o A net increase of approximately $68,000 represents all other expenses classified within this category.

Under the circumstances, we believe our costs are under control, as planned, and, within proximate range of management`s forecasts.

. . .

[UH1d]

Nachlegkurse??


Press Release Source: InsynQ, Inc.

InsynQ CEO Interviewed by Wall Street Reporter
Thursday September 29, 6:00 am ET

TACOMA, WA--(MARKET WIRE)--Sep 29, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online business and accounting solutions and owner of Appgen Business Software, announced today that its President and Chief Executive Officer, John P. Gorst, was recently featured in an interview with the Wall Street Reporter, a leading online financial portal.

The streaming audio of the interview is available on the Wall Street Reporter website at: www.wallstreetreporter.com/profiles/InsynQInc.html until October 7, 2005.

ADVERTISEMENT
About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ`s purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ`s delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-2000.

Forward-Looking Statements

Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company`s actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company`s filings with the Securities and Exchange Commission.

http://www.wallstreetreporter.com/profiles/InsynQInc.html

[UH1d]

InsynQ Retires Interest Debt
Wednesday October 12, 6:00 am ET


TACOMA, WA--(MARKET WIRE)--Oct 12, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered software as a service business and accounting solutions and owner of Appgen Business Software, announced today that InsynQ`s indebtedness of interest due of $588,407 to our investors has been restructured. Secured convertible notes now represent the indebteness.
ADVERTISEMENT


"We are very grateful to our investors, who continue to show tremendous support for our `Software as a Service` on-line model," says John P. Gorst, Chairman and CEO of InsynQ, Inc. "We are beginning to witness a higher adoption of our On-Demand business services and more specifically in the financial service sector. The market is now educated as to the value proposition of our services and ready to bring there business on-line."

About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ`s purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ`s delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-2000.

Forward-Looking Statements

Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company`s actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company`s filings with the Securities and Exchange Commission.



Contact:

[UH1d]

Gestern Handel 26 Millionen
heute bis jetzt 500 Kilo
??

Ich glaube an eine detornation diese wertes
in den nächsten Tagen!
Danke für die Aufmerksamkeit!

[UH1d]

Wofür auch immer das gut ist!?

InsynQ`s CEO John Gorst Has Been Appointed to the Business Advisory Council for Washington State
Wednesday October 26, 6:00 am ET


TACOMA, WA--(MARKET WIRE)--Oct 26, 2005 -- InsynQ, Inc. (OTC BB:INSN.OB - News), a premier provider of Internet-delivered online accounting solutions, announced today that its CEO John Gorst has been recognized by the National Republican Congressional Committee to serve on the Business Advisory Council.
ADVERTISEMENT


In Washington, DC, the National Republican Congressional Committee announced that John Gorst has been appointed to serve on the Business Advisory Council (BAC) in recognition of valuable contributions to the Republican Party.

Gorst will serve the state of Washington and is expected to play a crucial role in the Party`s efforts to involve top business people in the process of government reform.

The BAC is part of the National Republican Congressional Committee, and is dedicated to making sure that small business has a voice in Washington.

Gorst, who has long supported Republican ideals, particularly debt reduction and tax reform, will be a key member of the council.

About InsynQ

InsynQ has been delivering outsourced software application hosting and managed IT services since 1997. InsynQ allows business customers to "turn on" their software applications and workstations instantly through any Internet-connected computer, regardless of operating system. InsynQ subscribers can freely access their software and data -- fully virus-protected and automatically backed up -- from any computer, anywhere in the world. InsynQ`s purchase of selected business software from Appgen in 2005 improves the flexibility and cost-efficiency of InsynQ`s delivery by using Linux-based application servers that enable customers the choice of multiple platforms. For more information, visit us at www.insynq.com or call us at 253-284-2000.

Forward-Looking Statements

Forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company`s actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to complete systems within currently estimated time frames and budgets; the ability to compete effectively in a rapidly evolving and price competitive marketplace; changes in the nature of telecommunications regulation in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company`s filings with the Securities and Exchange Commission.



Contact: