Trading Symbol: FFP
VANCOUVER, April 29 /CNW/ - The Company wishes to announce its 2007 results from operations based upon its audited consolidated financial statements for the year ended December 31, 2007.
The financial results of the Company for the year ended December 31, 2007 show a profit of $433,997 or $0.07 per share (2006 - a loss of $125,719 or $0.02 per share) on revenues of $718,901 (2006 - $580,497). During the year ended December 31, 2007, the Company realized gains on the sale of available-for-sale investments of $470,110 (2006 - $0).
The financial results of the Company for its fourth quarter show a profit of $22,453 or $0.00 per share (2006 - a loss of $63,149 or $0.01 per share) on revenues of $357,725 (2006 - $211,397).
The Company's audited consolidated financial statements and management's discussion and analysis for the year ended December 31, 2007 are available on SEDAR at www.sedar.com.
On behalf of the Board of
CONSOLIDATED FIRSTFUND CAPITAL CORP.
William N. Grant (signed)
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William N. Grant, President & CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
%SEDAR: 00002533E