SOKO Fitness & Spa Group Announces Changes to Previously Issued Financial ...(1184628 -- Minority In...),Health

Date:1/14/2009

1,184,628 -- Minority Interest 363,277 329,304 Additional paid-in capital 1,142,854 884,681 Additional paid-in capital-stock options -- 18,651 Accumulated other comprehensive income 1,619,373 1,625,829 Retained earnings 12,642,130 12,757,564 Total Liabilities and Stockholders' Equity 21,163,706 21,315,772 Net sales 13,736,788 13,963,130 Cost of sales 4,028,853 4,119,490 Selling, General and administrative expenses 4,285,123 4,327,700 Other expenses 143,541 10,327 Minority interest (2,426) 108,481 Net income $5,160,496 $5,275,930 Net income per common share Basic $0.30 $0.45 Diluted $0.25 $0.36 Weighted average common share outstanding Basic 17,000,000 11,601,781 Diluted 20,360,000 14,478,589

The impact of this restatement on the balance sheets as originally reported as of August 31, 2008 and the statement of income for the three months ended August 31, 2008 is summarized below:

                                                       August 31, 2008
                                                As Reported      As Restated
    Property, plant and equipment, net          $14,420,836      $14,415,810

'/>"/>
SOURCE  SOKO Fitness & Spa Group, Inc.
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4 5 
Related medicine news :

1. Brain Fitness Coming to Senior Exercise Classes
2. MyFitness Planner really moves you
3. MyFitness Planner Really Moves You
4. More Screen Time Linked to Poor Fitness in Girls
5. Neuroactive Bike: America's First And Only Mind-Body Fitness Equipment Used For The Ultimate Brain Fitness Gym Program Launched This Month At Lady Of America Fitness Center
6. SOKO Fitness & Spa Group, Inc. Announces Participation in the ICR XChange Conference
7. New SMHEART LINK(TM) Technology Allows iPhones to Double as Fitness Monitors
8. Universal Music Enterprises (UMe) and Body By Jake Global Create the Worlds First Digital Fitness Music Label
9. MAKE IT FIT(TM) Offers Virtually Free Fitness Service to All Mississippi Residents on Make Mississippi Fit Day
10. Resolve for Results: 10 Tips From Equinox Fitness Club to Help You Keep Your Resolutions in 09
11. New Survey Shows Fitness Goals Trump Money Woes for Most