Stock Hideout - View Single Post - SLVO

bullme · Fri, 09-02-2005, 11:44 AM

Hi, would like to hear some comments about a 2 million microcap, i find this company very interesting & think current stock price around 12 usd cent, do your on ressearch..

SLVO

Silverado Financial Inc.

ONLY 18.69m s/o(!) - a tiny company with plans of AMEX within 2006

revenues constantly growing:

http://finance.yahoo.com/q/is?s=SLVO.OB&annual

revenues 2003 $ 116.000
revenues 2004 $ 903.000
-----------------------
revenues 2005 $ 5.000.000-$ 6.000.000 (my est.); break even or even
net income??!

WHY? See:

1st

Silverado Financial, Inc.
Consolidated Statements of Income

For the Three Months Ended
March 31,
2005 2004
--------------
--------------
Income
Net sales $ 518,762 $
108,685
Cost of sales 144,560 --
--------------
--------------
Gross profit 374,202
108,685
Operating expenses
Selling, general and administrative expenses 425,204
307,877
Depreciation and amortization 66,133
6,714
--------------
--------------
Total operating expenses 491,337
314,591
--------------
--------------
Operating loss (117,135)
(205,906)
Other income (expense)
Interest income 998 --
Gain on sale of investments --
9,814
Loss on sale of equipment -- --
Interest expense (1,984)
(6,382)
--------------
--------------
Total other income (expense) (986)
3,432
--------------
--------------

Loss before income taxes (118,121)
(202,474)
Provision for income taxes 1,600 --
--------------
--------------
Net loss $ (119,721) $
(202,474)
==============
==============

Loss per share (basic) $ (0.01) $
(0.01)
==============
==============

2nd

http://biz.yahoo.com/pz/050509/77808.html

Silverado Financial Acquires Core One Mortgage, Inc.
Monday May 9, 3:03 pm

For the year ending December 31, 2004, Core One had approximately
$120,000,000 in loan originations, audited revenue of $2,924,881 and
$959,586 in net income.

Through April 30, 2005, Core One had $837,815 in gross revenue and
$220,408 in net income, not including income from Liberty Settlement,
which produces approximately $300,000 a year in total net income.

We acquired CoreOne from Russell Ford and Steven Nelson, both of whom
entered into employment agreements with Silverado Financial, Inc., on
May 05, 2005.

Core One financials (03/04)
http://eol.edgar-online.com/edgar_co...OP_OF_DOCUMENT

3rd

out for new aquisitions:
http://biz.yahoo.com/pz/050802/83164.html

Silverado Financial Signs Instream Partners as Investment Bankers for
Funding and Mergers and Acquisitions Work
Tuesday August 2, 10:10

4th

need a job?

http://hotjobs.yahoo.com/jobseeker/j...t1=&industry1=

PS.:
AND now you tell me about the revenue 2006!!?

Revenue is increasing constantly and company makes provides solid growth and should be profitable in q3 or q4 2005...

any comments appreciated!!

Fri, 09-02-2005, 11:44 AM	#1 (permalink)
bullme Member Join Date: Sep 2005 Posts: 20	SLVO - Silverado Financial Hi, would like to hear some comments about a 2 million microcap, i find this company very interesting & think current stock price around 12 usd cent, do your on ressearch.. SLVO Silverado Financial Inc. ONLY 18.69m s/o(!) - a tiny company with plans of AMEX within 2006 revenues constantly growing: http://finance.yahoo.com/q/is?s=SLVO.OB&annual revenues 2003 $ 116.000 revenues 2004 $ 903.000 ----------------------- revenues 2005 $ 5.000.000-$ 6.000.000 (my est.); break even or even net income??! WHY? See: 1st Silverado Financial, Inc. Consolidated Statements of Income For the Three Months Ended March 31, 2005 2004 -------------- -------------- Income Net sales $ 518,762 $ 108,685 Cost of sales 144,560 -- -------------- -------------- Gross profit 374,202 108,685 Operating expenses Selling, general and administrative expenses 425,204 307,877 Depreciation and amortization 66,133 6,714 -------------- -------------- Total operating expenses 491,337 314,591 -------------- -------------- Operating loss (117,135) (205,906) Other income (expense) Interest income 998 -- Gain on sale of investments -- 9,814 Loss on sale of equipment -- -- Interest expense (1,984) (6,382) -------------- -------------- Total other income (expense) (986) 3,432 -------------- -------------- Loss before income taxes (118,121) (202,474) Provision for income taxes 1,600 -- -------------- -------------- Net loss $ (119,721) $ (202,474) ============== ============== Loss per share (basic) $ (0.01) $ (0.01) ============== ============== 2nd http://biz.yahoo.com/pz/050509/77808.html Silverado Financial Acquires Core One Mortgage, Inc. Monday May 9, 3:03 pm For the year ending December 31, 2004, Core One had approximately $120,000,000 in loan originations, audited revenue of $2,924,881 and $959,586 in net income. Through April 30, 2005, Core One had $837,815 in gross revenue and $220,408 in net income, not including income from Liberty Settlement, which produces approximately $300,000 a year in total net income. We acquired CoreOne from Russell Ford and Steven Nelson, both of whom entered into employment agreements with Silverado Financial, Inc., on May 05, 2005. Core One financials (03/04) http://eol.edgar-online.com/edgar_co...OP_OF_DOCUMENT 3rd out for new aquisitions: http://biz.yahoo.com/pz/050802/83164.html Silverado Financial Signs Instream Partners as Investment Bankers for Funding and Mergers and Acquisitions Work Tuesday August 2, 10:10 4th need a job? http://hotjobs.yahoo.com/jobseeker/j...t1=&industry1= PS.: AND now you tell me about the revenue 2006!!? Revenue is increasing constantly and company makes provides solid growth and should be profitable in q3 or q4 2005... any comments appreciated!!