| You should get to know... Larry Bohlen
Business description: Retailers Advocacy Group pre-screens vendors in the areas of credit card processing services, Web site design, business insurance, social media outlets for advertising and other services. Our company helps free up valuable time merchants otherwise would spend learning and disseminating all needed information to make an informed decision.
Background: I have been a merchant and I have been in sales in various arenas for more than 20 years. I understand the issues on both sides - that's why I founded this company. .
Call 4 Action: Class-Action Suit Involving Receipts Settled; Are You ...
If you used your credit card while dining out at several local restaurants last year, you could be eligible for a gift certificate. It's part of a major settlement for a class-action lawsuit against a local company accused of printing too much sensitive information on your receipt. If you see your entire credit card number or the expiration date printed on a receipt, the merchant may not be following the law. The parent company of the Mad Mex chain, along with Soba, Umi and several others, recently found itself at the center of a federal lawsuit over how much personal information they're printing on credit card receipts. .
Authorize.Net Announces Third Quarter 2007 Financial Results
Revenue from continuing operations for the third quarter of 2007 was a record $18.2 million compared to $14.5 million for the third quarter of 2006. This represents an increase of 26% compared to the prior year. Income from continuing operations was $2.9 million, or $0.10 per fully diluted share, for the third quarter of 2007, versus $2.5 million, or $0.09 per fully diluted share, reported for the third quarter of 2006. Third quarter 2007 results included share-based compensation expense of $567,000, and acquisition costs of approximately $388,000 related to the pending merger with CyberSource Corporation announced on June 18, 2007. Third quarter 2006 results included share-based compensation expense of approximately $501,000. For the third quarter of 2007, income from continuing operations before share-based compensation expense and acquisition costs (a non-GAAP financial measure) was $3.9 million, or $0.13 per fully diluted share.
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