Options Media Group Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Three Months Ended March 31, 2012
Options Media Group Holdings, Inc. announced unaudited consolidated earnings results for the three months ended March 31, 2012. For the period, the company reported revenues of $1,020 compared to $324,760 a year ago. Operating loss from continuing operations was $1,223,107 compared to $871,445 a year ago. Loss from continuing operations was $2,470,165 compared to $882,004 a year ago. Net loss was $2,470,165 compared to $845,680 a year ago. Net loss available to common stockholders was $2,496,326 compared to $845,680 a year ago. Cash used in continuing operating activities was $283,341 compared to $221,296 a year ago.