Ontario political foot-dragging causing more industry carnage

Day4Energy reduces losses in first quarter 2012

16.05.2012: Canadian photovoltaic products producer Day4 Energy Inc. reports that in the first quarter of 2012, revenue was down 59 percent year on year at $6.5 million. However, the company’s net loss shrank during the same period, falling from $6.3 million in the first quarter of 2011 to a loss of $4.1 million in the first quarter of this year. On April 16, the Toronto Stock Exchange (TSX) informed Day4 that it was reviewing Day4’s eligibility for continued listing on the TSX due to the company’s weak financial situation. Day4 was given 120 days to comply with all TSX requirements for continued listing. … Source: Day4 Energy Inc.; Summary: PHOTON http://www.day4energy.com http://www.day4energy.com/wp-content/uploads/Q1-2012-PR-FS-2012-05-15- FINAL.pdf The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/65188.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com