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HENDERSON, Nev. -- Beyond Commerce, Inc. (OTCBB: BOMJ | Quote | Chart | News | PowerRating) www.beyondcommerce.com, an E-commerce solutions, local advertising and niche social networking company, clarifies that the financials posted on Yahoo were from third quarter of 2008 and were filed on a timely basis. These outdated financials were posted three months late by Yahoo Finance and are not indicative of the company's current trends. The upcoming financials will be posted by their due date and will show continued increase in revenue as indicated by our January press release, in line with our current growth trends.
(Logo: http://www.newscom.com/cgi-bin/prnh/20090202/LA65335LOGO)
Since the January press release the company has maintained top line increases and seen 2.5% to 3% growth daily. This is due to the viral nature of the direct sales model driving LocalAdLink, the Company's online advertising division. To date this direct sales model has put over 18,000 independent representatives to work in nearly every state across the country. Still to come with the Company's official launch in April is i-Supply, an E-commerce solution that will create a proprietary Ad Network. The advertisement space created on this proprietary network is sold by LocalAdLink as part of its online advertising solution for local businesses. The addition of i-Supply and a local mobile advertising product for LocalAdLink will offer additional revenue streams starting in Q2 of 2009.
The company reported $2.3 million in revenues for the month of January and $1.07 million for the month of December. "We are on track for continued strong growth in the month of February," stated CEO Bob McNulty. "We do not intend to release more projections; however, growth of LocalAdLink is continuing at a healthy rate. Our filings will be submitted by the due date."
About Beyond Commerce, Inc.:
Beyond Commerce, Inc. (OTC Bulletin Board: BOMJ | Quote | Chart | News | PowerRating) www.beyondcommerce.com, provides best in class products, services, and solutions by being the low cost provider in its market sector. i-SUPPLY, www.i-SUPPLY.com, offers easy to use, fully customizable E-commerce services, and revenue solutions for any Web site, large or small, and hosts local ads, providing extensive reach for our proprietary advertising partner network platform. LocalAdLink, www.LocalAdLink.com, is a local search directory and advertising network that brings local advertising to geo-targeted consumers. BOOMj, www.BOOMj.com, is the leading niche portal and social networking site for Baby Boomers and Generation Jones.
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