Bexil Corporation (BXLC)

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Bexil Corporation Announces 2010 Financial Results
Bexil Corp (PN) (USOTC:BXLC)
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Today : Friday 20 May 2011
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Bexil Corporation (PINKSHEETS: BXLC) today reported its financial results for the year ended December 31, 2010.

Bexil recorded a net loss of $1,454,146 or $1.43 per share for the year ended December 31, 2010 compared to a net loss of $597,028 or $0.62 per share for the year ended December 31, 2009.

The Company's book value per share at December 31, 2010 (1,017,592 shares issued and outstanding) was $35.99. At December 31, 2010, Bexil had positive working capital of $35,676,752, total assets of $37,243,102, no long term debt, and shareholders' equity of $36,624,015.