Published:
CORRECTION: ProLink Holdings Corp. Reports 2008 Record Second Quarter Results
CHANDLER, Ariz., Aug. 27 /PRNewswire-FirstCall/ -- ProLink Holdings
(OTC Bulletin Board: PLKH) informed us today that it has corrected the
Adjusted EBITDA calculation previously disclosed in its 2008 second quarter
financial results press release dated August 14, 2008. For the six-months
ended June 30, 2008, the adjusted EBITDA calculation in the table should have
reflected a loss of $(263,000) instead of a loss of $(199,000) due to an
arithmetic error in adding up the totals for the 2008 first and second
quarters. The 10 Q's on record are accurate as filed. The original and
corrected tables follows:
Per Press Release Filed
Per PR Per PR Per PR
2008 2008 2008
(dollars in 000's) Q1 Q2 6 mo
Adjusted EBITDA calculation:
Net Loss (1,585) $(546) $(2,132)
Deduct:
Interest Expense (319) (341) (660)
Interest Expense -
Warrant Expense (181) (184) (365)
Depr & Amort (210) (214) (425)
EBITDA (875) 193 (682)
FAS 123R (217) (202) (483)
Adjusted EBITDA $(658) 395 $(199)
Per Re-Calculated PR
Per Recalc Per Recalc Per Recalc
2008 2008 2008
(dollars in 000's) Q1 Q2 6 mo
Adjusted EBITDA calculation:
Net Loss (1,585) $(546) $(2,132)
Deduct:
Interest Expense (319) (341) (660)
Interest Expense -
Warrant Expense (181) (184) (365)
Depr & Amort (210) (214) (424)
EBITDA (875) 193 (682)
FAS 123R (217) (202) (419)
Adjusted EBITDA $(658) $395 $(263)
CONTACT:
Daniel Mitchell
Buffalo Communications
253.312.4536
dmitchell@billycaspergolf.com
Investor Relations Contact:
CEOcast, Inc.
Gary Nash
212.732.4300
gnash@ceocast.com
SOURCE ProLink Holdings Corp.
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Copyright © 2009, NewsBlaze,
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