Business
OneMove(TM) Announces Fiscal 2008 Fourth Quarter and Year End Financial Results
VANCOUVER, Oct. 23 /CNW/ - OneMove Technologies Inc. ("OneMove" or the "Company") (TSX-V: OM), wh...
About this update from Osisko Metals Incorporated
[{"type":"text","content":"\n\n\n\nVANCOUVER, Oct. 23 /CNW/ - OneMove Technologies Inc. ("OneMove" or the\n"Company") (TSX-V: OM), which provides a leading web-based real estate\ntransaction platform, today announces its financial results for the three- and\n12-month periods ended June 30, 2008. All figures are reported in Canadian\ndollars unless otherwise stated.\n\n\nFiscal 2008 Operational Highlights\n----------------------------------\n- Sold United Kingdom ("U.K.") subsidiary, refocusing resources to\n better position the Company for growth in the British Columbia\n ("B.C.") market\n- Expanded user base to approximately 983 lawyers and notaries from\n approximately 449 in fiscal 2007\n- Cumulative transactions processed for the year increased to\n approximately 55,000 from approximately 34,000 in fiscal 2007\n - Cumulative transactions processed in Q4 fiscal 2008 increased to\n approximately 16,900 from approximately 12,900 in Q4 fiscal 2007\n- Average daily revenue was approximately $5,500, up from approximately\n $3,500 in fiscal 2007\n - Average daily revenue for Q4 fiscal 2008 was approximately\n $6,700, up from approximately $5,300 in Q4 fiscal 2007\n- Completed integration of econveyance with Assyst Real Estate,\n Emergis' web application that electronically links lawyers and\n notaries to certain lenders\n- Signed agreement to integrate econveyance with Chicago Title\n Insurance Company's Canadian title insurance customer application,\n CTIC Express, and First Canadian Title's mortgage processing\n application, Lender-Lawyer Connect(TM)\n- Named one of the Branham300 top 25 up and coming information\n technology companies for 2007\n- Announced non-brokered private placement, which closed subsequent to\n year end for total proceeds of $565,301\n\nFiscal 2008 Q4 and Year End Financial Summary\n---------------------------------------------\nOn March 7, 2008, OneMove completed the sale of its U.K.-based subsidiary,\nOneMove Limited. As a result, OneMove's financial results for the 12 months\nended June 30, 2008, as well as the three and 12 months ended June 30, 2007,\nexclude contributions from OneMove Limited and are reported on a continuing\noperations basis.\n\n-------------------------------------------------------------------------\n Q4 Q4 %\n FY 2008 FY 2007 Change\n-----------------------------------...