Modavox, Inc. (MDVX.OB) recently reported its year end results for the fiscal year ended February 28, 2007.
The company reported record revenues for the twelve months ended February 28, 2007.
Revenues increased 88% to $2,659,992 compared to $1,411,553 for the twelve months ended February 28, 2006.
David J. Ide, CEO stated, “2006 was a year in which we successfully executed our business plan resulting in the building of a solid foundation for future growth.
Despite having to deal with some legacy issues early on after taking over as CEO, we are now well positioned to capitalize on the multitude of exciting opportunities that lay ahead. We’ve built a dynamic and talented team including the recent hiring of Ivan Martinez and we intend to further strengthen the team with new complimentary additions in the near future.”
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