PINX:IFIT iSatori Inc Quarterly Report 10-Q Filing - 3/31/2012

Effective Date 3/31/2012

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

________


Form 10-Q

________


ý

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2012.


¨

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______________ TO ______________.


Commission file number 1-11900


Integrated Security Systems, Inc.

(Exact name of registrant as specified in its charter)


Delaware

75-2422983

(State of incorporation)

(IRS Employer Identification No.)

 

 

2009 Chenault Drive, Suite 114, Carrollton, TX

75006

(Address of principal executive offices)

(Zip Code)


(972) 444-8280

(Registrant’s telephone number)


Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.   Yes  ý    No  ¨


Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).   Yes  ¨    No  ý


Indicate by check mark whether the registrant is a (See definitions in Rule 12b-2 of the Exchange Act:


Large accelerated filer  ¨        Accelerated filer  ¨        Non-accelerated filer  ¨        Smaller reporting company  ý


Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act):   Yes  ý    No  ¨


As of April 3, 2012, 5,607,315 shares of the registrant’s common stock were outstanding.



Page 1 of 12





INTEGRATED SECURITY SYSTEMS, INC.

INDEX



 

Page

PART I.  FINANCIAL INFORMATION

 

 

 

Item 1.   Financial Statements

3

Consolidated Balance Sheets at March 31, 2012 (unaudited) and June 30, 2011

3

Consolidated Statements of Operations (unaudited) for the three and nine months ended March 31, 2012 and 2011

4

Consolidated Statements of Cash Flows (unaudited) for the nine months ended March 31, 2012 and 2011

5

Notes to Consolidated Financial Statements

6

Item 2.   Management’s Discussion and Analysis or Plan of Operation

9

Item 3.   Quantitative and Qualitative Disclosures About Market Risk

9

Item 4.   Controls and Procedures

10

 

 

PART II.  OTHER INFORMATION

 

 

 

Item 1.   Legal Proceedings

10

Item 2.   Unregistered Sales of Equity Securities and Use of Proceeds

10

Item 3.   Defaults upon Senior Securities

10

Item 4.   (Removed and Reserved)

10

Item 5.   Other Information

10

Item 6.   Exhibits

10

 

 

SIGNATURES

11




Page 2 of 12





PART I.  FINANCIAL STATEMENTS


Item 1.  Financial Statements


INTEGRATED SECURITY SYSTEMS, INC.

Consolidated Balance Sheets

 

 

 

 

 

 

 

March 31,

 

June 30,

 

2012

 

2011

ASSETS

Unaudited

 

 

 

Current assets:

 

 

 

 

 

Cash and cash equivalents

$

4,612,852 

 

$

3,767,427 

Restricted cash (Note 3)

 

 

 

275,058 

Short term investments

 

33,529 

 

 

25,146 

Other current assets

 

11,595 

 

 

87,937 

Assets related to discontinued operations

 

 

 

81,585 

Total current assets

 

4,657,976 

 

 

4,237,153 

 

 

 

 

 

 

Other assets

 

 

 

900,000 

 

 

 

 

 

 

Total Assets

$

4,657,976 

 

$

5,137,153 

 

 

 

 

 

 

LIABILITIES AND EQUITY

 

 

 

 

 

Current liabilities:

 

 

 

 

 

Accounts payable

$

96,603 

 

$

736 

Accrued liabilities

 

59,417 

 

 

104,180 

Liabilities related to discontinued operations

 

 

 

2,961 

Total current liabilities

 

156,020 

 

 

107,877 

 

 

 

 

 

 

Equity:

 

 

 

 

 

Convertible preferred stock, $0.01 par value, 750,000 shares authorized; 22,500 shares issued and outstanding ($450,000 of liquidation value)

 

225 

 

 

225 

Common stock, $0.01 par value, 56,250,000 shares authorized; 5,607,315 and 5,610,100 shares issued, respectively

 

56,073 

 

 

56,101 

Treasury stock, at cost; 0 and 2,785 common shares, respectively

 

 

 

(125,606)

Additional paid in capital

 

43,465,335 

 

 

43,584,771 

Accumulated deficit

 

(38,983,561)

 

 

(38,441,716)

Accumulated other comprehensive loss (available for sale security)

 

(36,116)

 

 

(44,499)

Total stockholders’ equity

 

4,501,956 

 

 

5,029,276 

 

 

 

 

 

 

Total liabilities and stockholders’ equity

$

4,657,976 

 

$

5,137,153 


The accompanying notes are an integral part of the consolidated financial statements.




Page 3 of 12






INTEGRATED SECURITY SYSTEMS, INC.

Consolidated Statements of Operations

(Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

For the Nine Months Ended

 

March 31,

 

March 31,

 

2012

 

2011

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

$

 

$

 

$

 

$

 

 

 

 

 

 

 

 

 

 

 

 

Selling, general and administrative expenses

 

169,705 

 

 

312,818 

 

 

352,692 

 

 

724,046 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from operations

 

(169,705)

 

 

(312,818)

 

 

(352,692)

 

 

(724,046)

 

 

 

 

 

 

 

 

 

 

 

 

Interest income

 

2,718 

 

 

10,018 

 

 

25,690 

 

 

19,482 

Other income

 

 

 

 

 

28,537 

 

 

Interest expense

 

 

 

(272)

 

 

 

 

(31,616)

Impairment of other assets

 

 

 

 

 

(300,000)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss from continuing operations

 

(166,987)

 

 

(303,072)

 

 

(598,465)

 

 

(736,180)

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) gain on discontinued operations (Note 8)

 

(212)

 

 

3,692,905 

 

 

56,620 

 

 

4,353,521 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income

 

(167,199)

 

 

3,389,833 

 

 

(541,845)

 

 

3,617,341 

 

 

 

 

 

 

 

 

 

 

 

 

Income from discontinued operations attributable to the noncontrolling interest

 

 

 

9,846 

 

 

 

 

(172,836)

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income attributable to common stockholders

$

(167,199)

 

$

3,399,679 

 

$

(541,845)

 

$

3,444,505 

 

 

 

 

 

 

 

 

 

 

 

 

Net (loss) income per common share (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

From continuing operations

$

(0.03)

 

$

(0.05)

 

$

(0.11)

 

$

(0.13)

From discontinued operations

 

 

 

0.66 

 

 

0.01 

 

 

0.75 

Net (loss) income per common share (basic and diluted)

$

(0.03)

 

$

0.61 

 

$

(0.10)

 

$

0.62 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

Basic

 

5,607,315 

 

 

5,608,653 

 

 

5,607,315 

 

 

5,596,139 


The accompanying notes are an integral part of the consolidated financial statements.




Page 4 of 12






INTEGRATED SECURITY SYSTEMS, INC.

Consolidated Statements of Cash Flows

(Unaudited)

 

 

 

 

 

 

 

For the Nine Months Ended

 

March 31,

 

2012

 

2011

Cash flows from operating activities:

 

 

 

 

 

Net (loss) income

$

(541,845)

 

$

3,444,505 

Income from discontinued operations (Note 8)

 

(56,620)

 

 

(4,353,521)

Income from discontinued operations attributable to the noncontrolling interest

 

 

 

172,836 

Loss from continuing operations

 

(598,465)

 

 

(736,180)

Adjustments to reconcile loss from continuing operations to net cash provided by (used) in operating activities:

 

 

 

 

 

Depreciation

 

 

 

1,529 

Impairment of other assets

 

300,000 

 

 

Stock option expense

 

6,142 

 

 

14,980 

Expenses paid with stock or options

 

 

 

34,046 

Changes in assets and liabilities:

 

 

 

 

 

Other assets

 

651,400 

 

 

139,444 

Accounts payable

 

95,867 

 

 

(48,721)

Accrued liabilities

 

(44,763)

 

 

30,215 

Net cash provided by (used) in operating activities

 

410,181 

 

 

(564,687)

 

 

 

 

 

 

Cash flows from investing activities:

 

 

 

 

 

Proceeds from the sale of equity investments

 

300,000 

 

 

Net cash provided by investing activities

 

300,000 

 

 

 

 

 

 

 

 

Cash flows from financing activities:

 

 

 

 

 

Net payments of debt

 

 

 

(80,049)

Net cash used in financing activities

 

 

 

(80,049)

 

 

 

 

 

 

Cash flows from discontinued operations:

 

 

 

 

 

Operating activities

 

135,244 

 

 

555,949 

Investing activities

 

 

 

4,494,591 

Financing activities

 

 

 

(547,691)

Net cash provided by discontinued operations

 

135,244 

 

 

4,502,849 

 

 

 

 

 

 

Net increase in cash

 

845,425 

 

 

3,858,113 

 

 

 

 

 

 

Cash at beginning of period

 

3,767,427 

 

 

22,690 

Cash at end of period

$

4,612,852 

 

$

3,880,803 


The accompanying notes are an integral part of the consolidated financial statements.




Page 5 of 12





INTEGRATED SECURITY SYSTEMS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Nine months Ended March 31, 2012 and 2011


Note 1:  Basis of Presentation


The consolidated financial statements include the accounts of Integrated Security Systems, Inc. (the “Company” or “ISSI”) and its wholly owned subsidiaries.  All significant intercompany accounts and transactions have been eliminated.


The consolidated balance sheet as of March 31, 2012, the consolidated statements of operations for the three and nine months ended March 31, 2012 and 2011, and the consolidated statements of cash flows for the nine months ended March 31, 2012 and 2011, are unaudited.  The preparation of interim consolidated financial statements requires management to make estimates and assumptions that affect the amounts reported in these financial statements and accompanying notes. Management does not believe these estimates or assumptions will change significantly in the future, however, actual results could differ from those estimates.


Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted. In the opinion of management, all adjustments (generally consisting of normal recurring accruals) considered necessary for a fair presentation have been included in the accompanying financial statements. Prior periods have been reclassified to conform to the current period presentation. We suggest you read these financial statements in conjunction with the financial statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission for the year ended June 30, 2011. The results of operations for the nine months ended March 31, 2012 are not necessarily indicative of operating results for the full year.


Note 2:  Concentration of Credit Risks


The Company maintains cash balances with financial institutions which are, at times, in excess of amounts insured by the Federal Deposit Insurance Corporation (FDIC). Management monitors the soundness of these institutions and has not experienced any collection losses with these institutions.


Note 3:  Restricted Cash


Restricted cash represents the portion of the cash consideration paid pursuant to the sale of B&B ARMR that was deposited to an escrow fund in order to secure the Company’s and B&B ARMR’s indemnification obligations under the Purchase Agreement as described in Note 15 to the consolidated financial statements in the Annual Report on Form 10-K for the year ended June 30, 2011.  This escrow period terminated on January 31, 2012.


Note 4:  Other Assets


Other assets at June 30, 2011 were comprised of a promissory note of Buyer in the original principal amount of $450,000, and a $450,000 equity investment in B&B Roadway Holdings, LLC, a Delaware limited liability company and the parent of Buyer, as described in Note 15 to the consolidated financial statements in the Annual Report on Form 10-K for the year ended June 30, 2011.  On January 6, 2012, the Company sold the promissory note to Buyer for $300,000, and also sold the equity investment to certain affiliates of Strait Lane Capital Partners LLC, for $300,000, which created an impairment of $300,000.


Note 5:  Commitments and Contingencies


The Company is subject to certain legal actions and claims arising in the ordinary course of business. Management recognizes the uncertainties of litigation; however, based upon the nature and management’s understanding of the facts and circumstances which give rise to such actions and claims, management believes that such litigation and claims will be resolved without material effect on the Company’s financial position, results of operations or cash flows.




Page 6 of 12





As communicated on Form 8-K filed with the Securities and Exchange Commission on February 21, 2012, on February 17, 2012, the Company entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with iSatori Technologies, Inc., a Colorado corporation (“iSatori”), and ISSI’s newly formed, wholly owned subsidiary, iSatori Acquisition Corp., a Delaware corporation (“Merger Sub”).  iSatori is a company that produces dietary and nutritional supplements.  As a result of the Merger, iSatori will become a wholly owned subsidiary of ISSI, and ISSI will become an operating company.  Pursuant to the Merger Agreement, Merger Sub will merge with and into iSatori, with iSatori being the surviving entity.  The effective time of the merger will be the time at which a Certificate of Merger and other documents are filed with the Secretary of States of the State of Delaware and the State of Colorado, respectively.  The closing of the Merger is subject to the satisfaction of certain closing conditions set forth in the Merger Agreement, which conditions include the approval of the majority of the stockholders of iSatori.


At the effective time of the Merger (i) iSatori will succeed to and assume all the rights, liabilities and obligations of Merger Sub (ii) the Articles of Incorporation and Bylaws of iSatori as in effect at the Effective Time of the Merger will become the Articles of Incorporation and Bylaws of iSatori, the surviving corporation, and (iii) each issued and outstanding share of common stock of iSatori will be converted into and represent the right to receive .66802025 of a share of common stock of ISSI.


Upon completion of the Merger, the principle offices of ISSI and iSatori, the surviving corporation, will be located at 15000 W 6th Avenue, Suite 202, Golden, Colorado 80401 (the current offices of iSatori).


After the closing of the Merger, 60% of ISSI’s outstanding common stock will be owned by the current stockholders of iSatori and 40% of the stock will be owned by the current stockholders of ISSI.


Note 6:  Noncontrolling Interest in Discontinued Operations


Causey Lyon Enterprises (CLE) was the 35% owner of the B&B Roadway joint venture; per the joint venture agreement, CLE manufactured all products for B&B Roadway, and was also one of several outsourced fabrication vendors for XARMR.  XARMR’s investment in the joint venture was sold on January 31, 2011 as described in Note 15 to the consolidated financial statements in the Annual Report on Form 10-K for the year ended June 30, 2011.


Note 7:  Comprehensive (Loss) Income


The following table provides a summary of total comprehensive (loss) income:


 

For the Nine Months Ended

 

March 31,

 

2012

 

2011

Consolidated net (loss) income 

$

(541,845)

 

$

3,444,505 

Other comprehensive income: 

 

 

 

 

 

Unrealized holding income (loss) 

 

8,383 

 

 

(18,583)

Total comprehensive (loss) income

$

(533,462)

 

$

3,425,922 


Note 8:  Discontinued Operations


The Company’s wholly-owned subsidiary, XARMR Corporation (“XARMR”) sold substantially all of the assets of XARMR on January 31, 2011. Such assets included, but were not limited to, the accounts receivable, fixed assets and intellectual property constituting XARMR’s business of providing anti-terrorist barriers, security gates and gate operators for perimeter security applications, along with its investment in the joint venture B&B Roadway, LLC (“B&B Roadway”), as described in Note 15 to the consolidated financial statements in the Annual Report on Form 10-K for the year ended June 30, 2011.


The operating results for both XARMR and B&B Roadway have been aggregated and reported as discontinued operations in the Consolidated Statements of Operations, and the associated assets and liabilities are classified separately in the balance sheet. Prior periods have been reclassified to conform to the current-period presentation.




Page 7 of 12





Income from discontinued operations:


Income from discontinued operations reported in the Consolidated Statements of Operations consists of the following:


 

For the Nine Months Ended

 

March 31,

 

2012

 

2011

Sales

$

 

$

5,742,604 

 

 

 

 

 

 

Cost of sales

 

 

 

3,729,886 

 

 

 

 

 

 

Gross profit

 

 

 

2,012,718 

 

 

 

 

 

 

Selling, general and administrative

 

(56,620)

 

 

1,098,287 

 

 

 

 

 

 

Income from discontinued operations

 

56,620 

 

 

914,431 

 

 

 

 

 

 

Interest expense

 

 

 

(37,714)

Gain on sale of assets

 

 

 

 

3,544,804 

 

 

 

 

 

 

Net gain on discontinued operations before income taxes

 

56,620 

 

 

4,421,521 

 

 

 

 

 

 

Income tax provision

 

 

 

(68,000)

 

 

 

 

 

 

Net gain on discontinued operations

 

56,620 

 

 

4,353,521 

 

 

 

 

 

 

Income from discontinued operations attributable to the noncontrolling interest

 

 

 

(172,836)

 

 

 

 

 

 

Income from discontinued operations attributable to common stockholders

$

56,620 

 

$

4,180,685 


Assets related to discontinued operations of $81,585 at June 30, 2011 were accounts receivable that were assigned to the Company in accordance with the Purchase Agreement, as described in Note 17 to the consolidated financial statements in the Annual Report on Form 10-K for the year ended June 30, 2011.


Note 9:  Earnings per Share


Earnings per share are computed by dividing net earnings by the weighted average number of common shares outstanding during the period. At March 31, 2012 and 2011 there were 76,966 shares of in-the-money potentially dilutive common shares outstanding.


At March 31, 2012 and 2011, we had 6,765,535 and 6,792,015 shares, respectively, of common stock and common stock equivalents outstanding, which comprises all of the Company’s outstanding equity instruments.


Note 10:  Related Party Transactions


The Company had the following transactions with Causey Lyon Enterprises:


 

For the Nine Months Ended

 

March 31,

 

2012

 

2011

Purchases

$

 

$

2,708,474 

Management fee expense

 

 

 

327,740 

Rent expense

 

 

 

37,905 




Page 8 of 12





Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations.


Forward Looking Statements


This quarterly report on Form 10-Q includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by the use of forward-looking terminology such as “may,” “believe,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “estimate,” or “continue” or the negative of those words or other variations or comparable terminology.


All statements other than statements of historical fact included in this quarterly report on Form 10-Q, including the statements under “Part I. - Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations” and located elsewhere in this quarterly report on Form 10-Q regarding our financial position and liquidity are forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Important factors regarding forward-looking statements, including certain risks and uncertainties that could cause actual results to differ materially from our expectations, are disclosed in this quarterly report on Form 10-Q. We do not undertake any obligation to publicly revise our forward-looking statements to reflect events or circumstances that arise after the date of this quarterly report on Form 10-Q.


Important factors that could cause actual results to differ materially from those in the forward-looking statements in this quarterly report on Form 10-Q include changes from anticipated levels of operations, valuation of investments, anticipated levels of revenues, future national or regional economic and competitive conditions, changes in relationships with our employees, access to capital, casualty to or other disruption of the operations that the Company is invested in, government regulations and our ability to meet our stated business goals.  All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by our cautionary statements.


Results of Operations


General and administrative: General and administrative expenses represent the operating expenses for the corporate parent, and decreased $0.14 million for the quarter ended March 31, 2012 compared to the quarter ended March 31, 2011, and $0.37 million for the nine months ended March 31, 2012 compared to nine months ended March 31, 2011. This decrease was due to decreased headcount and operating expenses from transitioning to a shell company, offset by transaction costs of $0.10 for the quarter and $0.13 for the nine months ended March 31, 2012 incurred related to the search for a business engaged in active operations.


Other income: Other income represents income on the equity investment in B&B Roadway Holdings, LLC, which was acquired on January 31, 2011 and sold on January 6, 2012.


Interest expense: Interest expense decreased $0.03 million for the nine months ending March 31, 2012 compared to the nine months ended March 31, 2011, due to the elimination of debt.


Impairment of other assets: Impairment of other assets of $0.3 million for the nine months ended March 31, 2012 was due to the sale of investments.


Liquidity and Capital Resources


Our cash position increased $0.85 million during the nine months ended March 31, 2012 to $4.61 million and is expected to be sufficient to cover ongoing operating costs for the foreseeable future.


Our operating activities provided $0.71 million of cash for the nine months ended March 31, 2012.


Item 3. Quantitative and Qualitative Disclosures About Market Risk.


There is no information required to be reported under this Item 3.




Page 9 of 12





Item 4. Controls and Procedures.


(a) Evaluation of Disclosure Controls and Procedures. As indicated in the certifications in Exhibit 31 of this report, our Chief Executive Officer (CEO) and Chief Financial Officer (CFO) have evaluated the effectiveness of our disclosure controls and procedures as of March 31, 2012.  Based on that evaluation, we have concluded that, as of March 31, 2012, our disclosure controls and procedures were not effective to provide reasonable assurance that information required to be disclosed in the Company’s periodic filings under the Securities Exchange Act of 1934 is accumulated and communicated to management, including the officers, to allow timely decisions regarding required disclosure.


Based upon this assessment, our CEO and CFO concluded that, as of March 31, 2012, there existed a material weakness in our processes, procedures and controls related to the preparation of our quarterly financial statements. We have concluded that our internal control over financial reporting was not effective as of March 31, 2012. Due to this material weakness, in preparing our quarterly financial statements, we performed compensating additional procedures designed to ensure that such financial statements were fairly presented in all material respects in accordance with generally accepted accounting principles.


(b) Changes in Internal Controls. There were no changes to our internal controls over financial reporting during our last completed fiscal quarter that have materially affected or are reasonably likely to materially affect, our internal controls over financial reporting.


PART II.  OTHER INFORMATION


Item 1. Legal Proceedings.


None.


Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.


None.


Item 3. Defaults Upon Senior Securities.


None.


Item 4. (Removed and Reserved)


Item 5. Other Information.


None.


Item 6. Exhibits.


31.1+

Officer’s Certificates Pursuant to Section 302

31.2+

Officer’s Certificates Pursuant to Section 302

32.1+

Officer’s Certificates Pursuant to Section 906

32.2+

Officer’s Certificates Pursuant to Section 906


101.INS+ XBRL Instance Document

101.SCH+ XBRL Schema Document

101.CAL+ XBRL Calculation Linkbase Document

101.DEF+ XBRL Definition Linkbase Document

101.LAB+ XBRL Labels Linkbase Document

101.PRE+ XBRL Presentation Linkbase Document

________________________


+

Filed herewith.






Page 10 of 12





SIGNATURES


In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


Date:

April 4, 2012

 

/s/ Russell Cleveland

 

 

 

Russell Cleveland

 

 

 

Chairman of the Board, Chief Executive Officer

 

 

 

 

Date:

April 4, 2012

 

/s/ Sharon T. Doherty

 

 

 

Sharon T. Doherty

 

 

 

Chief Financial Officer





Page 11 of 12





EXHIBIT INDEX


31.1+

Officers’ Certificate Pursuant to Section 302

31.2+

Officers’ Certificate Pursuant to Section 302

32.1+

Officers’ Certificate Pursuant to Section 906

32.2+

Officers’ Certificate Pursuant to Section 906


101.INS+ XBRL Instance Document

101.SCH+ XBRL Schema Document

101.CAL+ XBRL Calculation Linkbase Document

101.DEF+ XBRL Definition Linkbase Document

101.LAB+ XBRL Labels Linkbase Document

101.PRE+ XBRL Presentation Linkbase Document

________________________


+

Filed herewith.




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PINX:IFIT iSatori Inc Quarterly Report 10-Q Filling

iSatori Inc PINX:IFIT Stock - Get Quarterly Report SEC Filing of iSatori Inc PINX:IFIT stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

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PINX:IFIT iSatori Inc Quarterly Report 10-Q Filing - 3/31/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Popularity |  Our Choices Title |  Date |  Company |  Symbol |  Interest |  Popularity

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