OTC Bulletin Board S & P Company Insight for OPTIONABLE INC
Profile
	Business Summary: Optionable, Inc. provides trading and brokerage services to brokerage firms, financial institutions, energy traders, and hedge funds in the United States. The company offers its services through OPEX, an automated electronic trading platform. Optionable, Inc.   Address   95 Croton Avenue, Suite 32   Ossining , NY 10562   Phone: 914-773-1100   Fax: 914-773-1500   Website: http://www.optionable.com Auditor   Sherb & Co.   New York , NY Transfer Agent   Continental Stock Transfer & Trust Co. Employees:  3 ShareHolders:  15 Founded:  2000 Domicile:  Delaware
Background
	Optionable, Inc. provides trading and brokerage services to brokerage firms, financial institutions, energy traders, and hedge funds in the United States. The company offers its services through OPEX, an automated electronic trading platform. Optionable, Inc. was founded in 2000 and is headquartered in Ossining, New York. History:  INCORPORATED in Delaware Feb. 4, 2000.   Subsidiaries: Hydra Commodity Services, Inc. Opex International, Inc.     Capital Expenditures, thousand. US Dollars   Year   Amount   2006   48   2005   27   2004   28   Research and Development Expenditures, thousand. US Dollars   Year   Amount   2006   474   2005   450   2004   117
Management
	Management Officers Position  Thomas F. Burchill President & Chief Executive Officer  Marc-Andre  Boisseau Chief Financial Officer, Chief Accounting Officer & Investor Relations Contact  Yechiel Abraham Zucker Secretary & Exec VP Directors  Marc-Andre  Boisseau  Thomas F. Burchill  Edward J. O'Connor  Dov  Rauchwerger  Andrew  Samaan
Annual Report
	Annual Report   Income Statement   Enter Date 2007 2006 Net sales 13,221 16,070 Cost & exps. 17,546 7,727 Interest income 374 102 Impairment charge 146,858 -- Interest exp. 340 780 Income tax (415) 1,459 Net income (150,735) 6,206 Share earns. basic ($2.88) $0.12 Share earns. diluted ($2.88) $0.12   Balance Sheet   Enter Date 2007 2006 Assets: Cash 9,920 7,912 Accts. rec., net -- 2,101 Due from related party -- 182 Other recbls. -- 1,308 Income tax 2,563 -- Other current assets 388 64 Tot. curr assets 12,870 12,057 Net property 186 58 Other recbls. -- 149 Other assets 20 20 Total assets 13,076 12,284 Liabilities: Accts. pay. & accruals 388 193 Accrued compensation -- 1,892 Income tax -- 1,454 Other curr. liabs. 4 Tot. curr. liabs. 392 3,539 Due to related party 2,196 1,855 Other liabs. 59 -- Com. stk. p.$0.0001 5 5 Treasury stock (3) (3) Paid-in cap. 162,743 8,470 Retained earns. (152,317) (1,582) Total liabilities 13,076 12,284
Interim Report
	Interim Report      Data Not Available
Pro Forma Report
	Pro Forma Report      Data Not Available
Quarterly Report
	Quarterly Report Information      Quarterly Revenue, US$ Year Quarter Revenue   2009   1 (120,000)   2008   1 Nil   2008   2 Nil   2008   3 Nil   2008   4 100,000   2008   Full Year Nil   2007   1 9,100,000   2007   2 4,060,000   2007   3 60,000   2007   4 90,000   2007   Full Year 13,220,000   2006   1 2,230,000   2006   2 2,480,000   2006   3 4,530,000   2006   4 6,830,000   2006   Full Year 16,070,000   2005   1 1,160,000   2005   2 1,280,000   2005   3 1,700,000   2005   4 1,670,000   2005   Full Year 5,810,000   2004   1 220,000   2004   2 650,000   2004   3 1,490,000   2004   4 1,130,000   2004   Full Year 3,500,000     Quarterly Net Income, US$ Year Quarter Revenue   2009   1 (1,630,000)   2008   1 (770,000)   2008   2 (510,000)   2008   3 (310,000)   2008   4 (840,000)   2008   Full Year (2,430,000)   2007   1 3,100,000   2007   2 (152,080,000)   2007   3 (1,090,000)   2007   4 2,520,000   2007   Full Year (150,740,000)   2006   1 820,000   2006   2 670,000   2006   3 2,190,000   2006   Full Year 6,206,000   2005   2 170,000   2005   3 690,000   2005   Full Year 1,260,000   2004   Full Year 480,000     Quarterly EPS, US$ Year Quarter Revenue   2009   1 (.03)   2008   1 (.01)   2008   2 (.01)   2008   3 (.01)   2008   4 (.02)   2008   Full Year (.05)   2007   1 .06   2007   2 (2.90)   2007   3 (.02)   2007   4 (.01)   2007   Full Year (2.88)   2006   1 .02   2006   2 .01   2006   3 .04   2006   4 .05   2006   Full Year .12   2005   1 Nil   2005   2 Nil   2005   3 .01   2005   4 .01   2005   Full Year .02   2004   1 (.01)   2004   2 Nil   2004   3 .02   2004   4 Nil   2004   Full Year .01
Stock Data
	Capitalization as of 09/30/2008:     Authorized Shares Outstanding Shares Preferred $0.0001 par 5,000,000 None Common $0.0001 par 100,000,000 52,423,403so2   LONG TERM DEBT: $2,479,498.   Common $0.0001 par   COMMON SOLD PRIVATELY: In September and October 2004, the company issued 6,260,001 Common shares for gross proceeds of $1,252,000 in connection with a private placement. In addition, during October 2004, the company issued 50,000 Common shares to a consultant in connection with the private placement.   Stockholders:  03/24/2008, 15. PRINCIPAL STOCKHOLDERS: March 24, 2008, Nymex Holdings, Inc. owned or controlled 41.3% of the Common, Mark Nordlicht 15.6% and Edward O'Connor 7.4%.   Transfer Agent:  Continental Stock Transfer & Trust Co.   New York , NY   OTC Bulletin Board( Primary): OPBL   Exchange Year High Low OTC Bulletin Board 2008 0.0000 0.0000 OTC Bulletin Board 2007 9.1000 0.0460 OTC Bulletin Board 2006 2.9500 0.4000 OTC Bulletin Board 2005 1.4000 0.0500   DIVIDENDS: Common $0.0001 par: None.       so2Excl. 4,800 in treas.