Your Travel Biz posts meager 3rd quarter earnings

by louabbott on November 18, 2008

St. Clair Record – Edwardsville ,IL, USA 11/18/2008

By Chris Rizo … YTB International Inc. … that is the target of investigation by 2 state attorneys general, posted meager earnings …

The company – which operates through three subsidiaries: YourTravelBiz.com, Inc., YTB Travel Network, Inc., and REZconnect Technologies, Inc. — said in filings Friday that it plans to raise cash by selling an office building in Edwardsville, as well as its Learjet … Net loss for the 9 months ended Sept. 30 was $3.4 M or
$0.03 per diluted share, compared to a net income of $1.6 M, or $0.01 per diluted share, for the same period a year ago.

Whole story at: St. Clair Record

See also: YTB Facts, News and Reviews

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