Business
Tuxis Corporation Announces First Quarter 2022 Financial Results
Tuxis Corporation Announces First Quarter 2022 Financial Results.
About this update from Tuxis Corp.
[{"type":"text","content":"MILLBROOK, NY / ACCESSWIRE / July 5, 2022 / Tuxis Corporation (Stock Symbol:TUXS) ("Tuxis" or the "Company") today reported its financial results for the first quarter ended March 31, 2022.The Company recorded a net loss of $147,272 or $0.12 per diluted share for the three months ended March 31, 2022 compared to net income of $153,224 or $0.12 per diluted share for the three months ended March 31, 2021.The Company's book value per share at March 31, 2022 was $6.12 (shareholders' equity of $7,584,265 divided by 1,240,038 shares issued and outstanding).The limited information above in this press release is not adequate for making an informed investment judgment, and we urge stockholders and investors to read the Company's unaudited quarterly report for the quarterly period ended March 31, 2022, which is available at www.Tuxis.com, appended to the copy of this press release, and at www.otcmarkets.com under the Company's stock symbol.About Tuxis CorporationThe objective of Tuxis Corporation, a holding company, is to increase book value per share over time for the benefit of its shareholders. The Company engages through subsidiaries primarily in real estate development and management. To learn more about Tuxis Corporation, including Rule 15c2-11 information, please visit www.tuxis.com.Cautionary Note Regarding Forward Looking StatementsCertain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the Company's plans, including its plans as to the use of the proceeds from the sale, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "expects," "estimates," "may," "will," "should," "anticipates" or "intends," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the Company involve known and unkno...