Business
Firstfund reports 2006 first quarter results
Firstfund reports 2006 first quarter results.
About this update from Consolidated Firstfund Capital Corp.
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: FFP\n\nVANCOUVER, May 30 /CNW/ - Consolidated Firstfund Capital Corp. is pleased\nto announce its results from operations for its first quarter ended March 31,\n2006. The financial results of the Company for the three months ended\nMarch 31, 2006 show a loss of $18,597 or $0.00 per share compared to a profit\nof $375,373 or $0.06 per share for the same period last year. Operating\nrevenues decreased to $124,120 for the three months ended March 31, 2006\ncompared to $420,270 for the three months ended March 31, 2005.\nThe Company's fee income was $123,073 for the three months ended\nMarch 31, 2006 (2005 - $417,241) as no additional fee income, above and beyond\nthe Company's monthly administration fee billed to Gold Star Resorts Inc.\n(US$35,000 per month), was received in the first quarter of 2006.\nThe Company's interim consolidated financial statements and management's\ndiscussion and analysis for the three months ended March 31, 2006 are\navailable on SEDAR at www.sedar.com.\n\nOn behalf of the Board of\nCONSOLIDATED FIRSTFUND CAPITAL CORP.\n\nWilliam N. Grant (signed)\n---------------------------------\nWilliam N. Grant, President & CEO\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n\n%SEDAR: 00002533E\n\n\n","length":1383,"tagName":"div"}]