Omni-lite Industries Canada Inc.TSXV: OML

AllPennyStocks.com News: Micro-Cap Announces Record Q2 Revenues, Stock Hits 52 Week High

· Issued by Omni-Lite Industries Canada Inc.

Jul. 22, 2010 (Baystreet.ca) --

MISSISSAUGA, Ontario, July 22, 2010 -- AllPennyStocks.com

Media, Inc. (http://www.AllPennyStocks.com/)

announces its latest article titled “Micro-Cap Announces Record Q2 Revenues,

Stock Hits 52 Week High.”

Companies mentioned in this article include Omni-Lite

Industries Canada Inc. (TSX-Venture:OML).

Article Excerpt:

Things are looking up for a cold forging company based out

of California, but making inroads all over North America. In late July,

Omni-Lite Industries Canada Inc. (TSX-Venture:OML) reported six-month revenues

of $4.4 million, up 101% from the same month the year before. Earnings Before

Interest, Taxes, Depreciation and Amortization (EBITDA) came in at $2.2

million, or 167% better than the year before, and net income at $1.2 million.

On a per-share basis, earnings came in at 12 cents,

compared to three cents the year before, a whopping increase of 326%. CEO David

Grant added his company was “focused on completing the development of several

new projects that could continue a significant level of financial growth for

the next several years."

The full version of this article can be found at:

http://www.allpennystocks.com/aps_ca/special_reports/127/Micro-Cap-Announces-Record-Q2-Revenues,-Stock-Hits-52-Week-High.htm

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