Mr. Boyd Craig reports
CRAIG WIRELESS ANNOUNCES THIRD QUARTER FINANCIAL RESULTS
Craig Wireless Systems Ltd. has released its financial results for the third quarter ended May 31, 2014. (All dollar figures are reported in Canadian currency.)
Highlights:
Consolidated results:
- Revenues were $2,891,719 during the quarter ended May 31, 2014.
- Total assets amounted to $19,856,488, and total shareholders' equity was $13,924,934 at the quarter-end.
- The company reported a net loss attributable to shareholders of $2,155,325 (four cents per share) for the quarter ended May 31, 2014.
- The company is currently in discussions with certain related parties in respect of the provision of additional financing to the company in support of its operations and has received expressions of interest in that regard. The company will make further announcements upon any developments as they occur.
We seek Safe Harbor.
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