Published in
M2 EquityBites
on Friday, 09 May 2008 at
17:20 GMT
Copyright (C) 2008, M2 Communications Ltd.
CVF Technologies Corporation (OTCBB:CNVT), which invests, develops and manages early stage private companies that operate in the environmental technology sector, disclosed on 8 May the financial first quarter results ended 31 March 2008 for its subsidiary, BIOREM.
The company's revenues for the first quarter were CAD3.2m, up when compared to CAD1.8m for the same quarter of 2007. The net income was CAD104,000 (CAD0.01 per diluted share), improved as against the net loss of CAD375,000 (CAD0.03 loss per diluted share) in the first quarter a year ago.