Major Key Highlights include:
- Nearly $3,000,000 of toxic convertible debt paid-off or converted 9-months ended and counting
- Major reduction of overhang and drag on financing activities
- Closed 3 new acquisitions – all with leading technology stacks, customer bases and intellectual property
- Paid down over $500,000 in acquisition-related notes in cash
- Significantly increased cash flow performance when compared to same period last year
- Company historic quarterly record bookings of $835,000
- Best revenue quarter in Company's history
- Reduction of G&A expenses of 35%
- Deferred revenues continue to increase, this quarter up 21%
- Net reduction of debt increased equity by $12,500,000
- Cancellation of 250,000 warrants, and settlement of 38,000,000 warrants
- Addition of over 160,000 new active users to our WordPress technology stack
- Addition of over 7,000 net new customers