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Microcap & Penny Stocks : Afton Foods ( AFF ) -Franchise Consolidator -- Ignore unavailable to you. Want to Upgrade?

To: DaveU who wrote (27)	3/17/1999 8:45:00 PM
From: David Michaud	Respond to of 60

Afton increases year-end sales Afton Food Group Ltd AFTN Shares issued 73,818,645 Mar 16 close $0.16 Wed 17 Mar 99 News Release Mr. Robert Macdonald reports FINANCIAL HIGHLIGHTS Year ended Dec. 31 (thousands of dollars) 1998 1997 System sales $ 102,451 $ 29,701 Revenue 7,323 3,009 Earnings before interest, taxes and amortization 3,800 729 Net income 1,231 172 Earnings per share 1.67 n/a The outlook for 1999 is positive. The company is expecting to achieve superior results to those of 1998, in new domestic franchise sales and has started programs to expand its international sales efforts. ____________ Those are still excellent results.