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BPO Management Services Announces Financial Results for Fourth Quarter and Full Year 2008

146,695 257,091 Other current liabilities 1,010,767 - Total current liabilities 20,814,907 13,054,169 Lines of credit and long-term debt, net of current portion and net of discount of $1,139 and $4,825, respectively 727,998 24,117 Capital lease obligations, net of current portion 690,278 392,942 Other long-term liabilities 232,115 33,115 Total liabilities 22,465,298 13,504,343 Commitments and contingencies (Note 8) Stockholders' equity Convertible preferred stock, Series A, par value $.01; authorized 1,608,12 shares, 0 and 1,608,612 shares issued and outstanding, respectively - 16,086 Convertible preferred stock, Series B, par value $1.00 and $.01 respectively; authorized 21,105,000 and 1,449,204 shares, respectively; 21,103,955 and 1,449,204 shares issued and outstanding, respectively 21,103,955 14,492 Non-convertible preferred stock, Series C, par value $.01; authorized 21,378,000 shares; 0 and 916,667 shares issued and outstanding, respectively - 9,167 Convertible preferred stock, Series D, par value $.01; authorized 1,500,000 shares; 0 and 1,458,334 shares issued and outstanding, respectively - 14,583 Convertible preferred stock, Series D-2, par value $.01; authorized 1,500,000 shares; 0 and 729,167 shares issued and outstanding, respectively - 7,292 Convertible preferred stock, Series F, par value $.01; authorized 1,300,000 shares; 0 and 894,942 shares issued
SOURCE BPO Management Services, Inc.
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