Mr. Boyd Craig reports
CRAIG WIRELESS ANNOUNCES THIRD QUARTER FINANCIAL RESULTS
Craig Wireless Systems Ltd. has released its financial results for the quarter ended May 31, 2015. (All dollar figures are reported in Canadian currency.)
Highlights:
Consolidated results:
- Revenues were $2,317,088 during the quarter ended May 31, 2015.
- Total assets amounted to $15,949,674, and total shareholders' equity was $4,046,966 at the quarter-end.
- The company reported a net loss attributable to shareholders of $1,351,600 (three cents per share) for the quarter ended May 31, 2015.
- Subsequent to the quarter ended May 31, 2015, certain related parties advanced to the company a demand loan in the aggregate principal amount of $514,000 (U.S.).
- Due to recent director resignations, the sole remaining director, T. Boyd Craig, has approved the financial statements individually.
We seek Safe Harbor.
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