SOKO Fitness & Spa Group Announces Changes to Previously Issued Financial ...(Goodwill ...),Health

Date:1/14/2009

Goodwill 2,361,569 2,521,210 Total Assets 23,742,942 23,897,557 Unearned revenue 1,429,347 1,671,654 Warrant liability 1,184,628 -- Minority Interest 387,548 257,997 Additional paid-in capital 966,640 884,681 Additional paid-in capital-stock options -- 18,651 Additional paid-in capital-warrant -- 1,279,398 Accumulated other comprehensive income 1,886,347 1,886,789 Retained earnings 14,428,560 14,400,905 Total Liabilities and Stockholders' Equity 23,742,942 23,987,557 Net sales 4,448,395 4,276,867 Cost of sales 971,841 971,841 Selling, General and administrative expenses 1,595,500 1,595,500 Other expenses 61,324 116,934 Minority interest 8,169 75,880 Net income $1,786,430 $1,643,341 Net income per common share Basic $0.11 $0.10 Diluted $0.09 $0.10 Weighted average common share outstanding Basic 17,000,000 17,000,000 Diluted 20,389,348 17,000,000

About SOKO Fitness & Spa Group, Inc.:

SOKO Fitness & Spa Group, Inc., is a leading operator of fitness clubs an
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SOURCE SOKO Fitness & Spa Group, Inc. Copyright©2009 PR Newswire. All rights reserved

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