GeoVenCap Inc. Reports Consolidated Unaudited Earnings Results for the Period Ended March 31, 2012
GeoVenCap Inc. reported consolidated unaudited earnings results for the period ended March 31, 2012. For the period, the company reported loss from operations of CAD 230,486 compared to CAD 50,571 a year ago. Loss before taxes were CAD 1,146,547 compared to CAD 49,243 a year ago. Basic and diluted loss per common share was CAD 0.24 compared to CAD 0.02 a year ago. Cash flow provided by operating activities was CAD 13,393 compared to cash flows used in operating activities of CAD 2,196 a year ago. Property and equipment was CAD 33,493.