Telebackup ( TBP ) to blast off! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Telebackup ( TBP ) to blast off!

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: Vinoman who wrote ()	5/19/1997 1:00:00 PM
From: Roger Steiner	of 58

FYI, Telebackup Systems Inc - News Release First quarter results Telebackup Systems Inc TBP Shares issued 7270000 1997-05-15 close $1.95 Friday May 16 1997 News Release Mr Lynn Thurlow reports For the quarter ended March 31 1997 the company recorded revenues of $308,454 compared to no revenue for the first quarter of the preceding year. Expenses for the period totalled $389,384 vs $141,228 in the 1996 quarter resulting in a net loss of $80,930, an improvement over last year's result. The basic loss per share amounted to $0.03 which was virtually unchanged from last year's loss per share. The company's financial results for the quarter are indicative of a young company in its first commercial quarter. Although results are below the company's expectations in terms of revenue, it is already approaching a break-even level at this early stage. The company hopes to achieve significant revenue growth over the coming quarters as its marketing efforts begin to build the sales channels in North America and other markets. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext