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  Lyrtech announces its 2007 financial results
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From: Strob - view profile
Date: Wed, May 7 2008 9:09 am
Email: Strob <strob....@gmail.com>
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Since the news is not appearing in the Google newsfeed, I will add a
link here:

http://newswire.ca/en/releases/archive/May2008/06/c5325.html

So they increased their revenues 50% for 2007 compared to 2006 (from
$6.9M to $10.4). But they still also increased their net loss 127%!...
(from $6M in 2006 to $13.6M in 2007).

So I hope the anonymous buyer who bought 9 million shares know
something about a more shinning future for this company. I think if
they now just have no choice to succeed in continuing cutting costs
but also getting those big contracts.


From: Pascal Dufour - view profile
Date: Thurs, May 8 2008 8:55 pm
Email: Pascal Dufour <pascalduf...@gmail.com>
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there is two different sentence for the net loss, what is the
difference?

1 - "The consolidated net loss from continuing operations for the year
ended
December 31, 2007, was $3.3 M or $0.014 per basic and diluted share"

2 -"The consolidated net loss and comprehensive loss for the year
ended
December 31, 2007, was $13.6 M or $0.060 per basic and diluted share"


From: Strob - view profile
Date: Fri, May 9 2008 1:13 pm
Email: Strob <strob....@gmail.com>
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I don't know neither...

It seems the part 1 is just a part of the loss that occured from the
specified operations (continuing operation) and the second sentence is
the complete result. But I dont know what is causing the 10.3M$ part
of the loss if it is not the continuing operations. I guess there was
a 10.3M$ loss from an operation they don't normally do and is not
supposed to occur again in following years.


End of messages  

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