FIRSTFUND REPORTS 2010 FOURTH QUARTER RESULTS

About this update from Consolidated Firstfund Capital Corp.

[{"type":"text","content":"\n\n\n May 2, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTrading Symbol:  FFP\n\n\nVANCOUVER, May 2 /CNW/ - (TSXV: FFP) The Company wishes to announce its\n 2010 results from operations based upon its audited consolidated\n financial statements for the year ended December 31, 2010.\n\n\nThe financial results of the Company for the three months ended December\n 31, 2010 show a loss of $91,338 or $0.02 per share (2009 - $78,183 or\n $0.01 per share) on revenues of $71,042 (2009 - $73,409).  No\n additional fee income, above and beyond the Company's monthly\n administration fees, was received in the fourth quarter of 2010.  The\n Company's fee income was $70,278 for the three months ended December\n 31, 2010 (2009 - $72,293).\n\n\nThe financial results of the Company for the year ended December 31,\n 2010 show a loss of $277,685 or $0.05 per share (2009 - $211,011 or\n $0.04 per share).  The Company's fee income decreased to $284,721 for\n the year ended December 31, 2010 (2009 - $311,089).\n\n\nThe Company's audited consolidated financial statements and management's\n discussion and analysis for the year ended December 31, 2010 are\n available on SEDAR at www.sedar.com.\n\n\nOn behalf of the Board of\nCONSOLIDATED FIRSTFUND CAPITAL CORP.\n\n\nWilliam N. Grant (signed)\n_____________________________\nWilliam N. Grant, President & CEO\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX...

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