8-K Filing

ACCESS Newswire Inc. CIK: 843006 Q2 2009

Filing Information

Form Type	8-K
Accession Number	`0001354488-09-001957`
Period End Date	20090630
Filing Date	20091028
Fiscal Year	2009
Fiscal Period	Q2
XBRL Instance	isdr-20090630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 62 Cash Flow Statement 30

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, $1.00 par value, 10,000,000 shares authorized - Series A, 60 shares designated, 5 and 7 shares issued and outstanding as September 30, 2009 and December 31, 2009	`PreferredStockValue`	$7.00	USD	Point-in-time
Preferred stock, $1.00 par value, 10,000,000 shares authorized - Series A, 60 shares designated, 5 and 7 shares issued and outstanding as September 30, 2009 and December 31, 2009	`PreferredStockValue`	$5.00	USD	Point-in-time
Common stock $.001 par value, 100,000,000 shares authorized, 16,854,717 and 18,834,717 shares issued and outstanding as of September 30, 2009 and December 31, 2008, respectively.	`CommonStockValue`	$18.83K	USD	Point-in-time
Common stock $.001 par value, 100,000,000 shares authorized, 16,854,717 and 18,834,717 shares issued and outstanding as of September 30, 2009 and December 31, 2008, respectively.	`CommonStockValue`	$16.75K	USD	Point-in-time
Treasury stock at cost 4495 shares	`TreasuryStockValue`	$4.24K	USD	Point-in-time
Treasury stock at cost 4495 shares	`TreasuryStockValue`	$4.24K	USD	Point-in-time
Total assets	`Assets`	$390.83K	USD	Point-in-time
Total assets	`Assets`	$635.75K	USD	Point-in-time
Common stock $001 par value 100000000 shares authorized 16754717 and 18834717 shares issued and outstanding as of June 30 2009 and December 31 2008 respectively	`CommonStockParOrStatedValuePerShare`	$100.00M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	16.75M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	18.83M	shares	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$185.38K	USD	Point-in-time
Cash and Cash Equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Accounts receivable net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$261.28K	USD	Point-in-time
Accounts receivable net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$165.68K	USD	Point-in-time
Security deposits	`OtherRestrictedAssetsCurrent`	$6.24K	USD	Point-in-time
Security deposits	`OtherRestrictedAssetsCurrent`	$6.24K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$26.77K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.85K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$225.15K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$479.67K	USD	Point-in-time
Additional Paid in Capital, Total	`AdditionalPaidInCapital`	$1.44M	USD	Point-in-time
Additional Paid in Capital, Total	`AdditionalPaidInCapital`	$1.46M	USD	Point-in-time
Furniture and Fixtures, Gross	`FurnitureAndFixturesGross`	$15.99K	USD	Point-in-time
Furniture and Fixtures, Gross	`FurnitureAndFixturesGross`	$22.05K	USD	Point-in-time
Intangible Assets, Net (Excluding Goodwill) Modified	`IntangibleAssetsNetExcludingGoodwill`	$134.03K	USD	Point-in-time
Intangible Assets, Net (Excluding Goodwill) Modified	`IntangibleAssetsNetExcludingGoodwill`	$147.69K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$2.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$143.56K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$80.25K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$97.66K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$128.05K	USD	Point-in-time
Notes payable related party	`NotesPayableRelatedParty`	$73.53K	USD	Point-in-time
Notes payable related party	`NotesPayableRelatedParty`	$73.53K	USD	Point-in-time
Notes payable other	`OtherNotesPayableCurrent`	$64.83K	USD	Point-in-time
Notes payable other	`OtherNotesPayableCurrent`	$25.00K	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	4,495.00	shares	Point-in-time
Treasury Stock, Shares	`TreasuryStockShares`	4,495.00	shares	Point-in-time
Liabilities, Total	`Liabilities`	$409.96K	USD	Point-in-time
Liabilities, Total	`Liabilities`	$276.44K	USD	Point-in-time
Retained Earnings (Accumulated Deficit), Total	`RetainedEarningsAccumulatedDeficit`	$-1.11M	USD	Point-in-time
Retained Earnings (Accumulated Deficit), Total	`RetainedEarningsAccumulatedDeficit`	$-1.47M	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.24M	shares	1 Quarter
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.03M	shares	2 Qtrs
Income (loss) per share - fully diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.02	USD	1 Quarter
Income (loss) per share - fully diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.02	USD	2 Qtrs
Income (loss) per share - fully diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.02	USD	1 Quarter
Income (loss) per share - fully diluted	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.04	USD	2 Qtrs
Depreciation and Amortization Total	`DepreciationAndAmortization`	$9.93K	USD	1 Quarter
Depreciation and Amortization Total	`DepreciationAndAmortization`	$9.67K	USD	2 Qtrs
Depreciation and Amortization Total	`DepreciationAndAmortization`	$4.83K	USD	1 Quarter
Depreciation and Amortization Total	`DepreciationAndAmortization`	$19.26K	USD	2 Qtrs
Interest income (expense), net	`InterestExpenseOther`	$-22.05K	USD	1 Quarter
Interest income (expense), net	`InterestExpenseOther`	$5.62K	USD	2 Qtrs
Interest income (expense), net	`InterestExpenseOther`	$1.34K	USD	2 Qtrs
Interest income (expense), net	`InterestExpenseOther`	$65.00	USD	1 Quarter
General and Administrative Expense, Total	`GeneralAndAdministrativeExpense`	$403.88K	USD	1 Quarter
General and Administrative Expense, Total	`GeneralAndAdministrativeExpense`	$864.76K	USD	2 Qtrs
General and Administrative Expense, Total	`GeneralAndAdministrativeExpense`	$240.12K	USD	2 Qtrs
General and Administrative Expense, Total	`GeneralAndAdministrativeExpense`	$138.53K	USD	1 Quarter
Selling and Marketing Expense, Total	`SellingAndMarketingExpense`	$112.77K	USD	1 Quarter
Selling and Marketing Expense, Total	`SellingAndMarketingExpense`	$132.38K	USD	2 Qtrs
Selling and Marketing Expense, Total	`SellingAndMarketingExpense`	$77.39K	USD	1 Quarter
Selling and Marketing Expense, Total	`SellingAndMarketingExpense`	$163.54K	USD	2 Qtrs
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.02	USD	2 Qtrs
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.02	USD	1 Quarter
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.04	USD	2 Qtrs
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.02	USD	1 Quarter
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.02	USD	2 Qtrs
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.02	USD	1 Quarter
Income (loss) per share - basic	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.04	USD	2 Qtrs
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.24M	shares	1 Quarter
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	16.75M	shares	1 Quarter
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.03M	shares	2 Qtrs
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	16.19M	shares	2 Qtrs
Cost of Services, Total	`CostOfServices`	$485.04K	USD	2 Qtrs
Cost of Services, Total	`CostOfServices`	$421.92K	USD	2 Qtrs
Cost of Services, Total	`CostOfServices`	$271.04K	USD	1 Quarter
Cost of Services, Total	`CostOfServices`	$284.19K	USD	1 Quarter
Compliance and reporting services	`ComplianceReportingServices`	$394.02K	USD	2 Qtrs
Compliance and reporting services	`ComplianceReportingServices`	$367.07K	USD	2 Qtrs
Compliance and reporting services	`ComplianceReportingServices`	$198.16K	USD	1 Quarter
Compliance and reporting services	`ComplianceReportingServices`	$185.61K	USD	1 Quarter
Printing and financial communication	`PrintingFinancialCommunication`	$294.61K	USD	2 Qtrs
Printing and financial communication	`PrintingFinancialCommunication`	$169.90K	USD	1 Quarter
Printing and financial communication	`PrintingFinancialCommunication`	$189.52K	USD	1 Quarter
Printing and financial communication	`PrintingFinancialCommunication`	$239.66K	USD	2 Qtrs
Fulfillment and distribution	`FullfillmentAndDistribution`	$144.94K	USD	1 Quarter
Fulfillment and distribution	`FullfillmentAndDistribution`	$285.04K	USD	2 Qtrs
Fulfillment and distribution	`FullfillmentAndDistribution`	$80.39K	USD	1 Quarter
Fulfillment and distribution	`FullfillmentAndDistribution`	$114.61K	USD	2 Qtrs
Software licensing	`SoftwareLicensing`	$80.92K	USD	2 Qtrs
Software licensing	`SoftwareLicensing`	$14.90K	USD	1 Quarter
Software licensing	`SoftwareLicensing`	$63.49K	USD	1 Quarter
Software licensing	`SoftwareLicensing`	$22.80K	USD	2 Qtrs
Transfer agent services	`TransferAgentServices`	$169.71K	USD	1 Quarter
Transfer agent services	`TransferAgentServices`	$183.76K	USD	2 Qtrs
Transfer agent services	`TransferAgentServices`	-	USD	2 Qtrs
Transfer agent services	`TransferAgentServices`	-	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total	`ProfitLoss`	$-721.37K	USD	2 Qtrs
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total	`ProfitLoss`	$-332.83K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total	`ProfitLoss`	$268.85K	USD	1 Quarter
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total	`ProfitLoss`	$360.19K	USD	2 Qtrs

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Bad debt expense	`ProvisionForDoubtfulAccounts`	$26.96K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Stock-based expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$630.90K	USD	2 Qtrs
Stock-based expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Increase (Decrease) in Interest Payable, Net	`IncreaseDecreaseInInterestPayableNet`	$1.19K	USD	2 Qtrs
Increase (Decrease) in Interest Payable, Net	`IncreaseDecreaseInInterestPayableNet`	$1.51K	USD	2 Qtrs
Increase (decrease) in accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$18.05K	USD	2 Qtrs
Increase (decrease) in accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-5.39K	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$10.36K	USD	2 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$39.83K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	2 Qtrs
Cost of Services, Depreciation	`CostOfServicesDepreciation`	$9.67K	USD	2 Qtrs
Cost of Services, Depreciation	`CostOfServicesDepreciation`	$19.26K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-721.37K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-332.83K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$268.85K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$360.19K	USD	2 Qtrs
Decrease (increase) in deposits and prepaids	`IncreaseDecreaseInAccountsAndNotesReceivable`	$1.08K	USD	2 Qtrs
Decrease (increase) in deposits and prepaids	`IncreaseDecreaseInAccountsAndNotesReceivable`	$21.91K	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$122.56K	USD	2 Qtrs
Decrease (increase) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$98.42K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$6.75K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	-	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$11.66K	USD	2 Qtrs
Cash and Cash Equivalents, at Carrying Value, Ending Balance	`CashAndCashEquivalentsAtCarryingValue`	$185.38K	USD	Point-in-time
Cash and Cash Equivalents, at Carrying Value, Ending Balance	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-63.30K	USD	2 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$120.63K	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.