10-K/A Filing

ACCESS Newswire Inc. CIK: 843006 FY 2009

Filing Information

Form Type	10-K/A
Accession Number	`0001354488-10-000860`
Period End Date	20091231
Filing Date	20100317
Fiscal Year	2009
Fiscal Period	FY
XBRL Instance	isdr-20091231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 43 Cash Flow Statement 38 Stockholders Equity 14

Balance Sheet 40 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$146.04K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.32K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $16,785 and $43,764, respectively)	`AccountsReceivableNetCurrent`	$165.68K	USD	Point-in-time
Accounts receivable (net of allowance for doubtful accounts of $16,785 and $43,764, respectively)	`AccountsReceivableNetCurrent`	$152.07K	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`	$2.85K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$19.20K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$323.56K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$225.15K	USD	Point-in-time
Furniture, equipment and improvements (net of accumulated depreciation of $18,316 and $43,201, respectively)	`FurnitureAndFixturesGross`	$15.99K	USD	Point-in-time
Furniture, equipment and improvements (net of accumulated depreciation of $18,316 and $43,201, respectively)	`FurnitureAndFixturesGross`	$21.09K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$2.00K	USD	Point-in-time
Intangible assets (net of accumulated amortization and impairment of $67,833 and $170,000, respectively)	`IntangibleAssetsNetExcludingGoodwill`	$120.36K	USD	Point-in-time
Intangible assets (net of accumulated amortization and impairment of $67,833 and $170,000, respectively)	`IntangibleAssetsNetExcludingGoodwill`	$147.69K	USD	Point-in-time
Total assets	`Assets`	$390.83K	USD	Point-in-time
Total assets	`Assets`	$465.00K	USD	Point-in-time
Accounts payable - Trade	`AccountsPayableCurrent`	$143.56K	USD	Point-in-time
Accounts payable - Trade	`AccountsPayableCurrent`	$51.72K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$59.81K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$128.05K	USD	Point-in-time
Notes payable- related party	`NotesPayableRelatedPartiesCurrent`	$73.53K	USD	Point-in-time
Notes payable- related party	`NotesPayableRelatedPartiesCurrent`	$73.53K	USD	Point-in-time
Notes payable- other	`OtherNotesPayableCurrent`	$64.83K	USD	Point-in-time
Total liabilities	`Liabilities`	$185.05K	USD	Point-in-time
Total liabilities	`Liabilities`	$409.96K	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, respectively	`PreferredStockValue`	$5.00	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, respectively	`PreferredStockValue`	$7.00	USD	Point-in-time
Common stock $0.001 par value, 100,000,000 shares authorized, 16,826,342 and 18,834,717 shares issued and 16,826,342 and 18,830,222 shares outstanding , respectively	`CommonStockValue`	$18.83K	USD	Point-in-time
Common stock $0.001 par value, 100,000,000 shares authorized, 16,826,342 and 18,834,717 shares issued and 16,826,342 and 18,830,222 shares outstanding , respectively	`CommonStockValue`	$16.83K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.44M	USD	Point-in-time
Treasury stock, at cost, 4,495 shares at December 31, 2008	`TreasuryStockValue`	$4.24K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.47M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$279.95K	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-19.14K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$390.83K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$465.00K	USD	Point-in-time

Income Statement 43 line items

Line Item	Tag	Value	Unit	Period
Document conversion	`ComplianceReportingServices`	$713.51K	USD	Annual
Document conversion	`ComplianceReportingServices`	$677.85K	USD	Annual
Printing and financial communication	`PrintingFinancialCommunication`	$453.93K	USD	Annual
Printing and financial communication	`PrintingFinancialCommunication`	$381.35K	USD	Annual
Fulfillment and distribution	`FullfillmentAndDistribution`	$444.92K	USD	Annual
Fulfillment and distribution	`FullfillmentAndDistribution`	$236.07K	USD	Annual
Software licensing	`SoftwareLicensing`	$90.25K	USD	Annual
Software licensing	`SoftwareLicensing`	$50.26K	USD	Annual
Transfer agent services	`TransferAgentServices`	$255.21K	USD	Annual
Transfer agent services	`TransferAgentServices`	$7.22K	USD	Annual
Total revenue	`Revenues`	$1.89M	USD	Annual
Total revenue	`Revenues`	$1.43M	USD	Annual
Total cost of services	`CostOfServices`	$745.17K	USD	Annual
Total cost of services	`CostOfServices`	$786.63K	USD	Annual
Total gross profit	`GrossProfit`	$680.16K	USD	Annual
Total gross profit	`GrossProfit`	$1.10M	USD	Annual
Gereral and administrative	`GeneralAndAdministrativeExpense`	$537.60K	USD	Annual
Gereral and administrative	`GeneralAndAdministrativeExpense`	$1.23M	USD	Annual
Sales and marketing expenses	`SellingAndMarketingExpense`	$247.89K	USD	Annual
Sales and marketing expenses	`SellingAndMarketingExpense`	$287.20K	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$130.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$38.25K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$35.19K	USD	Annual
Total operating costs and expenses	`OperatingCostsAndExpenses`	$823.74K	USD	Annual
Total operating costs and expenses	`OperatingCostsAndExpenses`	$1.68M	USD	Annual
Total net operating income (loss)	`OperatingIncomeLoss`	$274.86K	USD	Annual
Total net operating income (loss)	`OperatingIncomeLoss`	$-998.48K	USD	Annual
Total interest expense (income)	`InterestExpense`	$8.89K	USD	Annual
Total interest expense (income)	`InterestExpense`	$688.00	USD	Annual
Gain on settlement of debt	`GainLossRelatedToLitigationSettlement`	$16.90K	USD	Annual
Other Income	`OtherIncome`	$27.42K	USD	Annual
Total other income (expense)	`OtherIncomeTotal`	$-688.00	USD	Annual
Total other income (expense)	`OtherIncomeTotal`	$35.43K	USD	Annual
Total net income (loss)	`NetIncomeLoss`	$274.17K	USD	Annual
Total net income (loss)	`NetIncomeLoss`	$-963.04K	USD	Annual
Income (loss) per share - basic	`EarningsPerShareBasic`	$-0.05	USD	Annual
Income (loss) per share - basic	`EarningsPerShareBasic`	$0.02	USD	Annual
Income (loss) per share - fully diluted	`EarningsPerShareDiluted`	$-0.05	USD	Annual
Income (loss) per share - fully diluted	`EarningsPerShareDiluted`	$0.02	USD	Annual
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.83M	shares	Annual
Weighted average number of common shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	17.01M	shares	Annual
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.83M	shares	Annual
Weighted average number of common shares outstanding - fully diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	17.02M	shares	Annual

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Total net income (loss)	`NetIncomeLoss`	$274.17K	USD	Annual
Total net income (loss)	`NetIncomeLoss`	$-963.04K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$61.34K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$54.49K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$38.25K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$35.19K	USD	Annual
Impairment charges	`AssetImpairmentCharges`	$130.00K	USD	Annual
Gain on settlement of debt	`GainLossRelatedToLitigationSettlement`	$16.90K	USD	Annual
Stock-based expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$668.15K	USD	Annual
Stock-based expenses	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$10.00K	USD	Annual
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$95.22K	USD	Annual
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$47.73K	USD	Annual
Increase (decrease) in deposits and prepaids	`IncreaseDecreaseInDeposits`	$-69.00	USD	Annual
Increase (decrease) in deposits and prepaids	`IncreaseDecreaseInDeposits`	$14.35K	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-91.84K	USD	Annual
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$88.86K	USD	Annual
Increase (decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$109.86K	USD	Annual
Increase (decrease) in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-43.24K	USD	Annual
Total net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$186.60K	USD	Annual
Total net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.45K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$16.01K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquireMachineryAndEquipment`	$10.34K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-10.34K	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-16.01K	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$10.08K	USD	Annual
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.00K	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$40.06K	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$64.83K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-74.91K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$9.94K	USD	Annual
Total net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.05K	USD	Annual
Total net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$95.68K	USD	Annual
Cash - beginning	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Cash - beginning	`CashAndCashEquivalentsAtCarryingValue`	$146.04K	USD	Point-in-time
Cash - beginning	`CashAndCashEquivalentsAtCarryingValue`	$39.32K	USD	Point-in-time
Cash - ending	`CashAndCashEquivalentsAtCarryingValue`	$50.37K	USD	Point-in-time
Cash - ending	`CashAndCashEquivalentsAtCarryingValue`	$146.04K	USD	Point-in-time
Cash - ending	`CashAndCashEquivalentsAtCarryingValue`	$39.32K	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance(Beginning)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.14K	USD	Point-in-time
Balance(Beginning)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$154.76K	USD	Point-in-time
Balance(Beginning)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$279.95K	USD	Point-in-time
Issuance of common stock for cash at $0.50	`ProceedsFromIssuanceOrSaleOfEquity`	$50.00K	USD	Annual
Repurchase and retirement of treasury shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$-10.08K	USD	Annual
Issuance of common stock for employee incentives	`StockIssuedDuringPeriodValueShareBasedCompensation`	$25.00K	USD	Annual
Issuance of common stock for employee incentives	`StockIssuedDuringPeriodValueShareBasedCompensation`	$187.50K	USD	Annual
Issuance of common stock for settlement of accrued liabilities and for services	`StockIssuedDuringPeriodValueNewIssues`	$10.00K	USD	Annual
Issuance of common stock for settlement of accrued liabilities and for services	`StockIssuedDuringPeriodValueNewIssues`	$551.65K	USD	Annual
Total net income (loss)	`NetIncomeLoss`	$274.17K	USD	Annual
Total net income (loss)	`NetIncomeLoss`	$-963.04K	USD	Annual
Balance(Ending)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-19.14K	USD	Point-in-time
Balance(Ending)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$154.76K	USD	Point-in-time
Balance(Ending)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$279.95K	USD	Point-in-time

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