TaxMasters, Inc. (OTCBB: TAXS) Surge in Sales – Surge In Revenue – Right Now
Written by StockGuru on January 26, 2010
TaxMasters, Inc. (OTCBB: TAXS)
TaxMasters, Inc. – We are right in the middle of growth season for this company.
A surge in sales that begins for the IRS tax relief industry in October and builds through April.
We know this company can produce. We know they have a professional team in place. We know they are advertising like crazy. We know that brings in the clients.
Right now … is peak time for TaxMasters. We won’t see the results until they report Q4 revenue. So, in my opinion NOW is the time to move on this company. While they are generating business ane revenue and before it is reportl.
The poor economic climate and increasing job loss trends that have carried through most of 2009 will likely affect many taxpayers’ ability to pay their taxes in full.
TaxMasters reported sales for the first six months in 2009 of $18,758,000, an increase of $12,348,000 or 193 percent, over 2008 sales for the same period of $6,410,000. The company used this growth data along with historical data to plan for the expected 4Q increase in sales.
Strong Internet Presence
TaxMasters is able to drive internet interest with their media campaign. There straightforward website provides a tax client with as much or as little information as they want. The simple signup box retains a potential client’s information and they are contacted immediately.
TaxMasters — Their slogan is: We Solve Your Problems http:taxmstr.com
Taxes and death are sure things. I believe TaxMasters will blow us away with Q4 revenue this year.
About Tax Masters:
Any forward-looking statements, as defined in the Securities Exchange Act of 1934, in this release (often identified by such words as “believes,” “expects,” “beginning,” “intended,” “planned”) regarding future expectations, objectives, and plans for TaxMasters, Inc. are based on opinions and estimates of management at the time the statement was made. Various known and unknown factors may cause actual results to be materially different from the expected outcomes. TaxMasters, Inc. does not, as a matter of policy, update or revise forward-looking statements. Actual results may vary materially.
Disclosure: Pentony Enterprises LLC is STOCKGURU.COM, SHAREHOLDERVISION.COM and STREETRESEARCH.COM. 9555 Lebanon Road; Suite 103; Frisco, Texas 75035. (469) 252-3030. Disclosure for TAXS: Pentony Enterprises LLC expects to be compensated a total of twenty thousand shares and five thousand dollars from a non-affiliated third party for our coverage of TAXS. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
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