PINX:QFOR Quandrant4 Systems Corp Quarterly Report 10-Q Filing - 6/30/2012

Effective Date 6/30/2012

PINX:QFOR Fair Value Estimate
Premium
PINX:QFOR Consider Buying
Premium
PINX:QFOR Consider Selling
Premium
PINX:QFOR Fair Value Uncertainty
Premium
PINX:QFOR Economic Moat
Premium
PINX:QFOR Stewardship
Premium
 
quadrant4systems10q063012.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 10-Q
 


(Mark One)
x
QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 
For the quarterly period ended June 30, 2012
 
o
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
 
For the transition period from                  to                
 
Commission File Number 33-42498

 
QUADRANT 4 SYSTEMS CORPORATION
(Exact name of registrant as specified in its charter)
 
Florida
 
65-0254624
(State or other jurisdiction of
incorporation or organization)
 
(IRS Employer
Identification No.)
 
2850 Golf Road, Suite 405, Rolling Meadows, IL 60008
(Address of principal executive offices)
 
(732) 798-3000
(Registrant’s telephone number, including area code)
 
Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 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  x    No  o

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 o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-Q or any amendment to this Form 10-Q. x
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.
 
Large accelerated filer o
    Accelerated filer   o
   
Non-accelerated filer o
    Smaller reporting company   x
(Do not check if a smaller reporting company)
 
 
Indicate by checkmark whether the registrant is a shell company (as defined in Rule 126.2 of the Exchange Act).    Yes  o    No  x
 
The number of shares of common stock outstanding as of August 12, 2012 was 51,740,448.
 
 
TABLE OF CONTENTS
 

 
PART I. FINANCIAL INFORMATION

Item 1.
Financial Statements
 
QUADRANT 4 SYSTEMS CORPORATION
AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
 
   
30-Jun
   
31-Dec
 
   
2012
   
2011
 
    (Unaudited)        
ASSETS            
Current Assets
           
Cash
  $ 121,175     $ 1,079,248  
Accounts receivables (net of allowance for doubtful accounts of $435,295
   and $498,535 for June 30, 2012 and December 31, 2011, respectively)
    4,934,915       5,296,113  
Other current assets
    1,340,550       415,099  
                 
   Total current assets
    6,396,640       6,790,460  
                 
Intangible Assets
    14,572,140       16,595,261  
Property and equipment – net
    4,000       4,500  
Other assets
    911,108       1,039,632  
                 
     TOTAL ASSETS
  $ 21,883,888     $ 24,429,853  
                 
               

PINX:QFOR Quandrant4 Systems Corp Quarterly Report 10-Q Filling

Quandrant4 Systems Corp PINX:QFOR Stock - Get Quarterly Report SEC Filing of Quandrant4 Systems Corp PINX:QFOR stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

PINX:QFOR Quandrant4 Systems Corp Quarterly Report 10-Q Filing - 6/30/2012
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 |  Most Recent Title |  Date |  Company |  Symbol |  Interest |  Popularity

Previous: PINX:QFOR Quandrant4 Systems Corp Quarterly Report 10-Q Filing - 3/31/2012  |  Next: PINX:QNTO Quaint Oak Bancorp Inc Insider Activity 4 Filing - 2/17/2012