Vitro Biopharma Inc (VTRO) Quote

A lot of exposure will be on VTRO in the coming week when they go to the conference. Anything under $2 is a buy IMO

$vtro was on fire today, maybe the company decided to buy back some shares, it was a very nice move today. I hope this changes the negative momentum this stock has had for months now.

Kaboom

Board of Directors selling off

http://ir.vertro.com/sec.cfm


the devil is always in the details

http://ir.vertro.com/secfiling.cfm?filingID=1225208-10-26931
http://ir.vertro.com/secfiling.cfm?filingID=1225208-10-26930
http://ir.vertro.com/secfiling.cfm?filingID=1225208-10-26928
http://ir.vertro.com/secfiling.cfm?filingID=1225208-10-26929

etc..

and

etc..

I'd keep going but i'm already bored...Moving on

Up up and away

Gotta love how this trades

TechAmerica's 40th Annual AeA Classic Financial Conference on November 9, 2010

http://ir.vertro.com/secfiling.cfm?filingID=1144204-10-58357

Can Vertro, Inc. Erase Mistakes that Sank Miva or Will Management’s New Direction Lead Down Same Path?
Posted on November 29, 2010 by Editor

Vertro, Inc. (NASDAQ: VTRO) has been doing all it can to erase its disturbing past as Miva, Inc. and while the Internet information provider has certainly moved away from the ugly fraud claims and inability to compete effectively there remain a number of questions surrounding the ability of management to direct the company down the path to success.

As it stands, that path will be determined by VTRO’s concentration on ALOT, their product portfolio that entails a toolbar, homepage, and desktop applications all designed to make using the Internet easier for consumers. Through this portfolio VTRO aims to provide these consumers with direct access to relevant content and search results through their queries.

Having shed the name Miva back in June 2009, Vertro has since completed a 1-for-5 reverse stock split that essentially enabled them to remain in compliance with NASDAQ listing requirements and has shown solid growth with their live toolbar, reporting earlier this month that they had topped 10 million users for the first time in company history, a figure that represents an 11% jump since metrics were reported on September 30, 2010. Of those 10 million, more than half were from the U.S., Canada, U.K., Ireland, Australia and New Zealand, known as region one.
It is through this growth in ALOT users that VTRO aims to capitalize monetarily as the company has a number of third-party search and content agreements and the impressive figures in region one comes hope among shareholders that Vertro is heading in the right direction.

With the improvements has come a spike in share price as the company has gone from an adjusted close of 2.21 on August 18 following the reverse split to a 52-week high of 7.25 posted on November 26. Now the bets are being placed by investors, with many seeing shares surging past the 10.00 mark heading into 2011 while others are predicting a fall back to the 2.00-3.00 range.
A lot will be determined over the next several weeks as the web marketing firm can answer a lot of questions during the holiday season, essentially answering concerns about the company’s ability to capture a web market that is full of competition; competition which includes giants like Google.

What makes VTRO interesting is that shareholders can really have an effect on the company’s earnings. This can be done by shareholders actually using the services provided by VTRO to increase their monetization from those third-party search and content agreements; a huge advantage over something like a biopharmaceutical company that has developed a cancer treatment- if the shareholder isn’t diagnosed with cancer then they won’t likely be using the drug.

Of course there has been some speculation that VTRO may be on the radar for a takeover and while some shareholders may be hoping for something like that to occur the immediate chances of that happening are pretty slim. VTRO is now seeing potential and such a takeover would involve a substantial investment, especially with the company’s recent growth report and their favorable third quarter figures that showed an increase in revenue to $9.8 million compared to second quarter revenue of $8.5 million.
Vertro knows that if it can just put some more space between itself and Miva then investors may shake off their old misgivings and accept the company for what it is and not what it was. It will take more than just time though, it will require a real dedication to doing things differently and that will require building a history of smart decisions. That could be a difficult task as Miva built a reputation of making poor decisions that cost them a shot at significant revenue through pay per click advertising, an arena they were in before Google.

Most perplexing to shareholders may be management’s insistence on holding on to the PPC model for as long as they did despite its massive cost to the company. While their ALOT product (then known as Miva Direct) was bringing in significant revenue that revenue was essentially being burned to keep Miva’s PPC plans alive. After nearly two years management finally had enough of the PPC game and sold the business and decided to focus on their ALOT portfolio, a decision that could have been made much earlier and benefited shareholders desperate for good news.

For VTRO to erase those painful memories they will likely poor a substantial amount of money into marketing, showing web users how their toolbar and applications are capable of producing better search results and making their web life a bit easier. Aside from their public relations campaign to “make the internet easy,” VTRO will also need to continue developing their products, improving search results as well as encouraging its users to utilize the search function, and that would in turn produce more revenue. Most important to VTRO is retaining the consumers who use the toolbar and applications and if they focus their attention on that then there would be no reason for their business to slow.

Now that they have had an opportunity to settle some of the financial headache left behind by Miva the management of Vertro have a shot at doing things right, investors now just have to bet on whether they can learn from their past mistakes. As was stated before, this holiday season could determine whether or not the past gets buried and Vertro hits 2011 running. More and more people are turning to the Internet to satisfy their shopping needs and if those shoppers utilize the search function ties to the Vertro toolbar then it could be a very profitable quarter.

http://www.otcequity.com/?p=544

About Vertro, Inc.
Vertro, Inc.www.vertro.com is a software and technology company that owns and operates the ALOT product portfolio.

Through ALOT, consumers can discover apps which they can display through three specific products: ALOT Appbar, ALOT Toolbar and ALOT Home. These apps are developed in-house and by third party app developers and are designed to enhance the way people interact with content online.

ALOT has millions of users across its product portfolio. Together these users conduct high-volumes of type-in search queries, which are monetized through third-party search and content agreements.

To find out more about ALOT, visit: www.alot.com

It's on

I smell sweet profits ahead!

Form 8-K for VERTRO, INC.

3-Dec-2010

Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement.
On December 2, 2010, Vertro, Inc. ("Vertro") and Google Inc. entered into Amendment Number One to the Google Services Agreement Order Form, dated January 1, 2009, and Google Services Agreement, dated January 1, 2009 (the "Amendment").

The Amendment is effective as of January 1, 2011.
Under the Amendment, Vertro, and its subsidiaries, have agreed to utilize Google's WebSearch, on an exclusive basis, and AdSense Services, on a non-exclusive basis, for approved websites and applications.

Approved websites and applications include websites and applications from Vertro's subsidiary ALOT, Inc. that have implemented Google WebSearch and AdSense Services under the current Google Services Agreement. Pursuant to the terms of the Amendment, Vertro and its subsidiaries will generate revenues when consumers click through listings to Google advertisers' websites.

The Amendment contains customary termination provisions and has a renewal term from January 1, 2011 to December 31, 2012, unless either party elects not to continue after December 31, 2011 by providing written notice thereof at least 60 days prior to December 31, 2011.

http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?dcn=0001144204-10-064716

Bammmm
and just like that


Yahooooooooooooooo

Gotta love these fluctuations

Bad ass company!

Google "contract" expires end of this month; VTRO making lots of money for GOOG,,, no reason for GOOG not to renew contract. I expect GOOGLE agreement to be announced in next 14-17 trading days.

Also expect PR in next 3-4 trading days to announce CYBER MONDAY as all time best profit day.

With such a small float, could be very interesting response to either AND BOTH of the two announcements.

kant

VTRO: no play until after earnings (Timothy Sykes' commentary)

http://www.timothysykes.com/news/15062-10-hot-penny-stock-picks-to-buy-short-sell/

Not sure exactly what this company's future is.....however, someone thinks that comparing it to TRAVELZOO is accurate......I lucked into TZOO when it first appeared....I sent an email and ended up OWNING STOCK....years later,,, I cashed in big on those "FREE SHARES".....crazy.
This stock has LOW FLOAT...it will be interesting to see what happens.... look at the chart... look at Friday, Monday.
What will happen in next few days will be interesting.
They have earnings report on THURSDAY.
Expectations are HIGH.
Their PROFIT MARGIN is over 90%.

HELLO? Over 90%!!

I like THAT...........ALOT.
Pun intended.

I look at possibilities,, and think to myself that I

KANTBLEVEIT

50K bid at 2.01 -- hmmmm.....

Vertro, Inc. Regains NASDAQ Compliance

NEW YORK, NY--(Marketwire - 09/01/10) - Vertro, Inc. (NASDAQ:VTROD - News) today announced that NASDAQ has notified the Company that it regained compliance with the minimum $1.00 per share bid price requirement for continued listing, and further, that it complies with all other applicable standards for continued listing on The NASDAQ Capital Market. Accordingly, the Company will continue to be listed on The NASDAQ Capital Market.

As previously announced, following a hearing before a NASDAQ Listing Qualifications Panel (the "Panel"), the Panel determined to continue the Company's listing subject to the condition that, on or before September 13, 2010, the Company evidence a closing bid price of $1.00 per share or more for at least the ten prior consecutive trading days, among other things. On August 31, 2010, the Company's closing bid price was $2.00 per share, the tenth consecutive day it had exceeded the $1.00 per share threshold. Accordingly, the Company satisfied the Panel's condition and the bid price deficiency has been cured.

"We're delighted to have regained compliance with all applicable NASDAQ standards and to be focusing our efforts on growing our user base and revenue," commented Peter Corrao, Vertro's President and CEO. "We are enjoying sustained growth in our user base as we move through the third quarter, and continue to expect to achieve double digit sequential quarterly revenue growth."

Vertro's shares will continue to trade on NASDAQ under the symbol "VTROD" until the close of trading on Wednesday, September 15, 2010, at which point the fifth character "D" will drop off and the symbol will revert to "VTRO." The temporary addition of the letter "D" to Vertro's trading symbol is to indicate that a reverse stock split has occurred.

www.vertro.com

About Vertro, Inc.
Vertro, Inc. is an Internet Company that owns and operates the ALOT product portfolio. ALOT's products are designed to 'Make the Internet Easy' by enhancing the way consumers engage with content online. Through ALOT, Internet users can discover best-of-the-web third party content and display that content through customizable toolbar, homepage and desktop products. ALOT has millions of live users across its product portfolio. Together these users conduct high-volumes of type-in search queries, which are monetized through third-party search and content agreements.

Source: VTRO-G

Forward-looking Statements
This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "anticipate," "plan," "will," "intend," "believe," or "expect" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of our ability to maintain our listing on The NASDAQ Capital Market and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including (1) our ability to comply with NASDAQ Capital Market requirements, (2) our ability to successfully execute upon our corporate strategies, (3) our ability to develop and successfully market new products and services, and (4) the potential acceptance of new products in the market. Additional key risks are described in Vertro's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-Q for Q2 2010.

Contact:
Alex Vlasto
VP, Marketing & Communications
646.253.0627

Vertro, Inc. Announces 1-for-5 Reverse Stock Split

Aug 17, 2010 16:30:12 (ET)


NEW YORK, NY, Aug 17, 2010 (MARKETWIRE via COMTEX) -- Vertro, Inc. (VTRO, Trade ) today announced that it will effect a 1-for-5 reverse stock split of the Company's common stock, effective at the end of business today. Trading of Vertro's common stock on the Nasdaq Capital Market on a split-adjusted basis will begin at the open of trading on August 18, 2010.

On June 11, 2010, the Company's stockholders approved an amendment to its Amended and Restated Certificate of Incorporation to implement a reverse stock split of shares of the Company's common stock issued and outstanding at a ratio to be established by the Company's Board of Directors in its discretion of between 1-for-2 and 1-for-5. The Board of Directors approved a 1-for-5 split.

The reverse stock split is intended to enable the per share trading price of the Company's common stock to satisfy the minimum bid price requirement for continued listing set forth in NASDAQ Marketplace Rule 5550(a)(2). As previously announced, the Company has until September 13, 2010 to regain compliance with the minimum bid price requirement. To regain compliance, the closing bid price of the Company's common stock must meet or exceed $1.00 for at least ten consecutive trading days prior to September 13, 2010.

As a result of the reverse stock split, every five shares of Vertro will be combined into one share of common stock. Fractional shares resulting from the reverse stock split will be canceled and the stockholders otherwise entitled to fractional shares will receive a cash payment in an amount equal to the product obtained by multiplying (i) the closing sale price of our common stock on August 16, 2010, which was $0.45 by (ii) the number of shares of our common stock held by the stockholder that would otherwise have been exchanged for the fractional share interest.

Vertro's shares will continue to trade on the Nasdaq Capital Market under the symbol "VTRO" with the letter "D" added to the end of the trading symbol for a period of 20 trading days to indicate that the reverse stock split has occurred.

Letters of transmittal are expected to be sent to stockholders of record shortly after the effective date of the reverse stock split. Additional information about the reverse stock split is contained in the Company's proxy statement for the Annual Meeting of Stockholders held on June 10, 2010, which was filed with the SEC on April 30, 2010.

Vertro, Inc. Announces Second Quarter 2010 Results
Revenue From Continuing Operations Up Approximately 42% Year-Over-Year; $0.2 Million in GAAP Net Income and $0.5 Million in Adjusted EBITDA From Continuing Operations
On Thursday August 5, 2010, 4:02 pm

NEW YORK, NY--(Marketwire - 08/05/10) - Vertro, Inc. (NASDAQ:VTRO - News) today reported financial results for the second quarter ended June 30, 2010.


Summary of Second Quarter 2010 Results from Continuing Operations:

-- Revenue of $8.5 million in Q2 2010, compared to revenue of $8.1 million
in Q1 2010;

-- Gross margins of 96% in Q2 2010, compared to the 94% gross margins
in Q1 2010;

-- GAAP net income from continuing operations of $0.2 million or $0.01 per
basic share in Q2 2010, compared to GAAP net income from continuing
operations of $0.5 million or $0.02 per basic share in Q1 2010. Q1 2010
GAAP net income included a non-recurring $0.3 million gain from the
sale of an Internet domain name;

-- EBITDA of $0.2 million in Q2 2010, compared to EBITDA of $0.5 million
in Q1 2010. Q2 2010 EBITDA included $0.2 million of non-cash
compensation expense. Q1 2010 EBITDA included $0.2 million of non-cash
compensation expense and a non-recurring $0.3 million gain from the
sale of an Internet domain name; and

-- Adjusted EBITDA of $0.5 million in Q2 2010, compared to Adjusted
EBITDA of $0.4 million in Q1 2010. Q2 2010 Adjusted EBITDA excluded
$0.2 million of non-cash compensation expense. Q1 2010 Adjusted EBITDA
excluded $0.2 million of non-cash compensation expense and a
non-recurring $0.3 million gain from the sale of an Internet domain
name.

"Q2 was another solid quarter. We delivered approximately 42% year-over-year revenue growth, added cash to the balance sheet, and posted our third consecutive quarter of profitability. We achieved continued growth in our user base both nationally and internationally, and we continued to expand the portfolio of apps we offer our toolbar and homepage users," commented Peter Corrao, Vertro's President and CEO.

"While we are pleased to have continued our recent trend of increasing sequential quarterly revenue, we believe our growth in the second quarter was tempered by our focus on regaining compliance with NASDAQ's shareholder equity requirement. We cautiously managed our customer acquisition program during the quarter to try and ensure that we could regain compliance with only a minimal capital raise. We are pleased to have now regained compliance with the NASDAQ shareholder equity requirement and expect to get back to more robust revenue growth for the remainder of 2010 and beyond."

Second Quarter 2010 Results from Continuing Operations

Revenue was $8.5 million in Q2 2010, compared to Q1 2010 revenue of $8.1 million.

Gross margins were 96% in Q2 2010, compared to 94% in Q1 2010. Gross margin excludes customer acquisition costs of $5.2 million in Q2 2010 and $4.9 million in Q1 2010, which is included in consolidated operating expenses within the marketing and sales category.

Operating expenses were $7.9 million in Q2 2010, compared to $7.4 million in Q1 2010. The operating expenses in both Q1 and Q2 2010 included $0.2 million of non-cash compensation expense.

GAAP net income from continuing operations was $0.2 million or $0.01 per basic share in Q2 2010, compared to $0.5 million or $0.02 per basic share in Q1 2010. Q1 2010 GAAP net income included a non-recurring $0.3 million gain from the sale of an Internet domain name.

Adjusted net income was $0.5 million or $0.02 per diluted share in Q2 2010, compared to Adjusted net income of $0.4 million or $0.01 per diluted share in Q1 2010. Q2 2010 Adjusted net income excluded $0.2 million of non-cash compensation expense. Q1 2010 Adjusted net income excluded $0.2 million of non-cash compensation expense and a non-recurring $0.3 million gain from the sale of an Internet domain name.

EBITDA was $0.2 million in Q2 2010, compared to EBITDA of $0.5 million in Q1 2010. Q2 2010 EBITDA included $0.2 million of non-cash compensation expense. Q1 2010 EBITDA included $0.2 million of non-cash compensation expense and a non-recurring $0.3 million gain from the sale of an Internet domain name.

Adjusted EBITDA was $0.5 million in Q2 2010 compared to Adjusted EBITDA of $0.4 million in Q1 2010. Q2 2010 Adjusted EBITDA excluded $0.2 million of non-cash compensation expense. Q1 2010 Adjusted EBITDA excluded $0.2 million of non-cash compensation expense and a non-recurring $0.3 million gain from the sale of an Internet domain name.

Cash and cash equivalents were $5.9 million at June 30, 2010, an increase of $0.7 million from March 31, 2010 cash of $5.2 million. The increase was primarily a result of gains from operations and the execution of a $0.25 million Stock Purchase Agreement between the Company, Red Oak Fund, LP and Pinnacle Fund, LLLP.

As of June 30, 2010, the Company had an active base of under 50 full time employees, which is compared to 42 full time employees as of March 31, 2010.

Selected metrics from continuing operations for Q2 2010 are available on Vertro's investor relations website at: http://ir.vertro.com/results.cfm

Management Conference Call

Management will participate in a conference call to discuss the full results for the Company on Thursday, August 5, 2010, at approximately 4:30 p.m. ET. Details of the call for interested parties are as follows:


Date: Thursday, August 5, 2010
Time: 4:30 p.m. ET
Dial-in number: (877) 353-0044 / (970) 315-0525 (Intl.)
Live webcast: http://ir.vertro.com/events.cfm
Conference call replay: http://ir.vertro.com/events.cfm

Vertro believes that "EBITDA," "Adjusted EBITDA," "Adjusted net income/loss," and "Adjusted net income/loss per share" provide meaningful measures for comparison of the Company's current and projected operating performance with its historical results due to the significant changes in non-cash amortization that began in 2004 primarily due to certain intangible assets resulting from mergers and acquisitions that have since been written off. Vertro defines Adjusted EBITDA as EBITDA (earnings before interest, income taxes, depreciation and amortization) plus non-cash compensation expense and plus or minus certain identified revenues or expenses that are not expected to recur or be representative of future ongoing operation of the business. Vertro uses EBITDA and Adjusted EBITDA as internal measures of its business and believes they are utilized as important measures of performance by the investment community. Vertro sets goals and awards bonuses in part based on performance relative to Adjusted EBITDA. Vertro defines Adjusted net income/loss as net income/loss plus amortization and non-cash compensation expense, plus or minus certain identified revenues or expenses that are not expected to recur or be representative of future ongoing operation of the business, in each case including the tax effects (if any) of the adjustment. Vertro believes the use of these measures does not lessen the importance of GAAP measures.

About Vertro, Inc.

Vertro, Inc. (NASDAQ:VTRO - News) is an Internet company that owns and operates the ALOT product portfolio. ALOT's products are designed to 'Make the Internet Easy' by enhancing the way consumers engage with content online. Through ALOT, Internet users can discover best-of-the-web content and display that content through customizable toolbar and homepage products. ALOT has millions of live users across its product portfolio. Together these users conduct high-volumes of type-in search queries, which are monetized through third-party search and content agreements.

Source: VTRO-E

Forward-looking Statements

This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "anticipate," "plan," "will," "intend," "believe" or "expect" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including (1) our ability to successfully execute upon our corporate strategies, (2) our ability to distribute and monetize our international products at rates sufficient to meet our expectations, (3) our ability to develop and successfully market new products and services, and (4) the potential acceptance of new products in the market. Additional key risks are described in Vertro's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-K for the year ended December 31, 2009 and the Form 10-Qs for Q1 and Q2 2010.

Non-GAAP Financial Measures

This press release includes discussion of additional financial measures "EBITDA," "Adjusted EBITDA," "Adjusted Net Loss," "Adjusted Net Income," "Adjusted Net Loss Per Share" and "Adjusted Net Income Per Share," which are not considered generally accepted accounting principle (GAAP) measures by the Securities and Exchange Commission, and may differ from non-GAAP financial measures used by other companies. The presentation of this financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Vertro provides reconciliations of these two financial measures to GAAP measures in its press releases regarding actual financial results. A reconciliation of these financial measures to net income/loss and net income/loss per share for the three months ended June 30, 2010, are included in this press release below.


Vertro, Inc. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) For the For the For the For the Three Three Six Six Months Months Months Months Ended Ended Ended Ended June 30, June 30, June 30, June 30, -------- -------- --------- -------- 2010 2009 2010 2009 -------- -------- --------- -------- Revenues $ 8,461 6,002 $ 16,565 $ 12,236 Cost of services 363 445 869 901 -------- -------- --------- -------- Gross profit 8,098 5,557 15,696 11,335 Operating expenses Marketing and sales 5,608 6,143 11,056 10,896 General and administrative 1,802 2,193 3,239 5,285 Product development 535 633 1,083 1,331 Restructuring - 0 (15) Amortization - 40 - 40 -------- -------- --------- -------- Total operating expenses 7,945 9,009 15,378 17,537 -------- -------- --------- -------- Income (loss) from operations 153 (3,452) 318 (6,202) Foreign exchange rate gain (loss) 50 (398) 119 (398) Gain on sale of domain name - - 285 - Other Income (expense), net 10 9 10 (72) -------- -------- --------- -------- Income (loss) before provision for income taxes 213 (3,841) 732 (6,672) Income tax expense 17 14 42 27 -------- -------- --------- -------- Income (loss) from continuing operations 196 (3,855) 690 (6,699) Income (loss) from discontinued operations, net of income taxes (51) 491 753 (4,667) Gain on sale of discontinued operations, net of income taxes - 213 0 7,139 -------- -------- --------- -------- Net income (loss) $ 145 $ (3,151) 1,443 $ (4,227) ======== ======== ========= ======== Basic earnings (loss) per share Continuing operations $ 0.01 $ (0.11) $ 0.02 $ (0.20) ======== ======== ========= ======== Discontinued operations $ - $ 0.02 $ 0.02 $ 0.07 ======== ======== ========= ======== Total earnings (loss) per share $ 0.01 $ (0.09) $ 0.04 $ (0.13) ======== ======== ========= ======== Diluted earnings (loss) per share Continuing operations $ 0.01 $ (0.11) $ 0.02 $ (0.20) ======== ======== ========= ======== Discontinued operations $ - $ 0.02 $ 0.02 $ 0.07 ======== ======== ========= ======== Total earnings (loss) per share $ 0.01 $ (0.09) $ 0.04 $ (0.13) ======== ======== ========= ======== Weighted-average number of common shares outstanding Basic 34,229 33,707 34,192 33,453 ======== ======== ========= ======== Diluted 35,379 33,707 35,341 33,453 ======== ======== ========= ======== Vertro, Inc. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share amounts) For the Three For the Three Months Ended Months Ended June 30, March 31, ------------ ------------- 2010 2010 ------------ ------------- Revenues $ 8,461 $ 8,104 Cost of services 363 506 ------------ ------------- Gross profit 8,098 7,598 Operating expenses Marketing and sales 5,608 5,448 General and administrative 1,802 1,436 Product development 535 549 ------------ ------------- Total operating expenses 7,945 7,433 ------------ ------------- Income from operations 153 165 Foreign exchange rate gain 50 70 Gain on sale of domain name - 285 Other Income, net 10 - ------------ ------------- Income before provision for income taxes 213 520 Income tax expense 17 25 ------------ ------------- Income from continuing operations 196 495 Income (loss) from discontinued operations, net of income taxes (51) 804 ------------ ------------- Net income $ 145 $ 1,299 ============ ============= Basic earnings per share Continuing operations $ 0.01 $ 0.02 ============ ============= Discontinued operations $ - $ 0.02 ============ ============= Earnings per share $ 0.01 $ 0.04 ============ ============= Diluted earnings per share Continuing operations $ 0.01 $ 0.02 ============ ============= Discontinued operations $ - $ 0.02 ============ ============= Earnings per share $ 0.01 $ 0.04 ============ ============= Weighted-average number of common shares outstanding Basic 34,229 34,154 ============ ============= Diluted 35,379 35,276 ============ ============= Vertro, Inc. Reconciliations to Condensed Consolidated Statements of Operations (in thousands, except per share data) (Unaudited) Three Months Three Months Six Months Six Months Additional Ended June Ended June Ended June Ended June information: 30, 2010 30, 2009 30, 2010 30, 2009 ----------- ----------- ----------- ----------- Adjusted EBITDA 503 (3,166) 891 (5,445) =========== =========== =========== =========== Adjusted net income (loss) 532 (3,593) 955 (5,992) =========== =========== =========== =========== Adjusted net income (loss) per share - basic $ 0.02 $ (0.11) $ 0.03 $ (0.18) =========== =========== =========== =========== Adjusted net income (loss) per share - diluted $ 0.02 $ (0.11) $ 0.03 $ (0.18) =========== =========== =========== =========== Additional Three Months Three Months information: Ended June Ended March 30, 2010 31, 2010 ----------- ----------- Adjusted EBITDA 503 388 =========== =========== Adjusted net income 532 424 =========== =========== Adjusted net income per share - basic $ 0.02 $ 0.01 =========== =========== Adjusted net income per share - diluted $ 0.02 $ 0.01 =========== =========== Three Months Three Months Six Months Six Months Ended June Ended June Ended June Ended June 30, 2010 30, 2009 30, 2010 30, 2009 ----------- ----------- ----------- ----------- Reconciliation of Net Income (Loss) to Adjusted EBITDA Income (Loss) from continuing operations 196 (3,855) 690 (6,699) Interest income (expense), net and exchange rate loss (60) 389 (129) 470 Income tax expense 17 14 42 27 Depreciation 14 24 23 50 Amortization - 40 - 40 ----------- ----------- ----------- ----------- EBITDA 167 (3,388) 626 (6,112) Gain on Sale of domain name - - (285) - Non-Cash Compensation 218 222 432 682 Restructuring - - - (15) Severence 118 - 118 - ----------- ----------- ----------- ----------- Adjusted EBITDA 503 (3,166) 891 (5,445) =========== =========== =========== =========== Three Months Three Months Ended June Ended March 30, 2010 31, 2010 ----------- ----------- Reconciliation of Net Income to Adjusted EBITDA Income from continuing operations 196 495 Interest income, net and exchange rate gain (60) (70) Income tax expense 17 25 Depreciation 14 9 ----------- ----------- EBITDA 167 459 Other Income - (285) Non-Cash Compensation 218 214 Severence 118 - ----------- ----------- Adjusted EBITDA 503 388 =========== =========== Three Months Three Months Six Months Six Months Ended June Ended June Ended June Ended June 30, 2010 30, 2009 30, 2010 30, 2009 ----------- ----------- ----------- ----------- Reconciliation of Net Income (Loss) to Adjusted Net Income (Loss) Income (loss) from continuing operations 196 (3,855) 690 (6,699) Gain on sale of domain name - - (285) - Non-cash compensation 218 222 432 682 Restructuring - - - (15) Severence 118 - 118 - Amortization - 40 - 40 ----------- ----------- ----------- ----------- Adjusted net income (loss) 532 (3,593) 955 (5,992) =========== =========== =========== =========== Adjusted net income (loss) per share - basic $ 0.02 $ (0.11) $ 0.03 $ (0.18) Adjusted net income (loss) per share - diluted $ 0.02 $ (0.11) $ 0.03 $ (0.18) Shares used in per share calculation - basic 34,229 33,707 34,192 33,453 Shares used in per share calculation - diluted 35,379 33,707 35,341 33,453 Three Months Three Months Ended June Ended March 30, 2010 31, 2010 ----------- ----------- Reconciliation of Net Income to Adjusted Net Income Income from continuing operations 196 495 Gain on sale of domain name - (285) Non-cash compensation 218 214 Severence 118 - ----------- ----------- Adjusted net income 532 424 =========== =========== Adjusted net Income per share - basic $ 0.02 $ 0.01 Adjusted net Income per share - diluted $ 0.02 $ 0.01 Shares used in per share calculation - basic 34,229 34,154 Shares used in per share calculation - diluted 35,379 35,276 Vertro, Inc. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, except par values) June 30, December 31, ASSETS 2010 2009 ----------- ----------- (Unaudited) CURRENT ASSETS Cash and cash equivalents $ 5,879 $ 4,837 Accounts receivable, less allowances of $570 and $679 at June 30, 2010 and December 31, 2009 2,991 3,041 Income tax receivable 320 695 Prepaid expenses and other current assets 546 651 ----------- ----------- TOTAL CURRENT ASSETS 9,736 9,224 Property and equipment, net 122 71 Restricted cash 200 200 Other assets 343 517 ----------- ----------- TOTAL ASSETS $ 10,401 $ 10,012 =========== =========== LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT LIABILITIES Accounts payable $ 3,668 $ 4,706 Accrued expenses 2,571 2,778 Income tax payable 20 299 Deferred revenue - 25 ----------- ----------- TOTAL CURRENT LIABILITIES 6,259 7,808 Long-term liabilities 1,306 1,365 ----------- ----------- TOTAL LIABILITIES 7,565 9,173 ----------- ----------- STOCKHOLDERS' EQUITY Preferred stock, $.001 par value; authorized, 500 shares; none issued and outstanding - - Common stock, $.001 par value; authorized, 200,000 shares; issued 36,191 and 35,642, respectively; outstanding 34,231 and 33,852, respectively 36 35 Additional paid-in capital 271,316 270,690 Treasury stock, 1,960 and 1,790 shares at cost, respectively (6,795) (6,722) Accumulated other comprehensive income 12,914 12,914 Accumulated deficit (274,635) (276,078) ----------- ----------- TOTAL STOCKHOLDERS' EQUITY 2,836 839 ----------- ----------- TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 10,401 $ 10,012 =========== ===========

Contact:



Alex Vlasto
VP, Marketing & Communications
Email Contact
(212) 231-2000

Vertro, Inc. to Announce Second Quarter 2010 Results on Thursday, August 5, 2010

NEW YORK, NY--(Marketwire - 08/03/10) - Vertro, Inc. (NASDAQ:VTRO - News) today announced it will release its second quarter 2010 financial results on Thursday, August 5, 2010, after the market close. Details for interested parties are as follows:

Date: Thursday, August 5, 2010
Time: 4:30 p.m. ET
Dial-in number: (877) 353-0044 / (970) 315-0525 (Intl.)
Live webcast: http://ir.vertro.com/events.cfm
Conference call replay: http://ir.vertro.com/events.cfm

www.vertro.com

About Vertro, Inc.

Vertro, Inc. (NASDAQ:VTRO - News) is an Internet company that owns and operates the ALOT product portfolio. ALOT's products are designed to 'Make the Internet Easy' by enhancing the way consumers engage with content online. Through ALOT, Internet users can discover best-of-the-web third party content and display that content through customizable toolbar and homepage products. ALOT has millions of live users across its product portfolio. Together these users conduct high-volumes of type-in search queries, which are monetized through third-party search and content agreements.

Source: VTRO-E

Forward-looking Statements

This press release contains certain forward-looking statements that are based upon current expectations and involve certain risks and uncertainties within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words or expressions such as "anticipate," "plan," "will," "intend," "believe," or "expect" or variations of such words and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements, including (1) our ability to successfully execute upon our corporate strategies, (2) our ability to develop and successfully market new products and services, and (3) the potential acceptance of new products in the market. Additional key risks are described in Vertro's reports filed with the U.S. Securities and Exchange Commission, including the Form 10-Q for Q1 2010.

Contact:
Alex VlastoVertro, Inc.Email Contact 212 231 2000

VTRO = PENNY NASDAQ LOOKING FOR A MULTI-BAGGER IMO

Here's why:

1. Last Q their turnaround efforts led to an EPS +.01 (w/o one-time gains). Company guidance is for further top and bottom line profitability improvement in future quarters.

2. Analyst estimates are for +.02 next Q, and +.11 EPS for the year and +.17 EPS for 2011. If true, this leaves VTRO insanely undervalued on a PE ratio basis.

3. VTRO has over 90% gross profit margins with SG&A costs steadily declining each quarter lately despite sales going up. This means that most of small increases in sales tend to go straight to the bottom line allowing for potential rapid EPS growth.

4. VTRO has some pretty decent institutional ownership. It's extremely rare to have a profitable and growing penny NASDAQ stock with institutional ownership.

5. VTRO needs to get over $1.00 to maintain its NASDAQ listing. I speculate that there will be a push from investors to help make that happen and as it gets closer to $1.00 the buying will pick up as the NASDAQ delisting fears wade off. Furthermore, I speculate that the next earnings report will be structured to blow away the street to help make the $1.00 bid price happen. How so? I speculate that certain expenses will be cut and/or delayed to at least temporarily boost numbers such as R&D expenses perhaps. (Note -- I have no basis on this speculation other than it just seems like the smart thing to do coupled with their steady ability to cut costs quarter after quarter in this successful turnaround effort)

All just my opinion. I have a small speculative position in VTRO. It's not my favorite stock in the world as I don't understand their business very much, but I do like their recent numbers vs. the cheap apparent price of the stock in light of those numbers.

Earnings should be out in 3 weeks or so...

Still waiting...

present

Looking for a buck and more...

Yes and took a starter! sea

Anybody here? (eom)

Anybody here? (eom)

Lurking....VTRO Chart....

Anyone still watching this one?

Liking this stock

Blinkx Bids approx. $41 Million For Ad Net MIVA

Video search index Blinkx wants to buy pay-per-click ad network MIVA, formerly FindWhat. The London - and San Francisco - based firm has offered $1.20 per share, valuing Miva at $41.13 million, a 54 percent premium on yesterday’s $0.78 close and funded by cash from both companies. Blinkx hopes that the acquisition would allow it to more quickly roll out the technologies it has developed over the last year - most notably its own video advertising program: "AdHoc".

The timing is interesting.
MIVA president and CMO Seb Bishop left the business this week after eight years, with CEO Peter Corrao now also assuming Bishop’s president role.
Its Q2 earnings come on Monday.
MIVA has offices in the US, UK, Germany, Italy, France and Spain.

This proposal lifted MIVA's shares approx. 33% today reaching $1.04/per share at the moment i type this article.

This is how MIVA looks today with 1 1/2 hours before of the end of the trading session (and week)...

0.9901/5
Bid/Size
1.00/2
Ask/Size
1.02
Price Open

1.00
Previous Close
1.02
Day High
0.99
Day Low

0.55
Beta
7.65/7/17/07
52wk High/Date
0.92/7/1/08
52wk Low/Date

34.3 Million
Market Capitalization
34.3 Million
Shares Outstanding
78.70
Volatility Avg(20 day)

75.8 Thousand
Avg Vol (10 day)
NM
P/E Ratio
-1.15
EPS (TTM)

Miva Inc does not pay dividends.



Now i wonder if this stock was brougt down on purpose and someone is getting ready for a MIVA takeover... or if it's just the bad overall market?
Did any of you heard any rummors? (probably not, cause even a rumor could bring this back to $2 at least).

Happy trading!