Gamecorp Ltd. (CNQ: GAME, OTCBB: GAIMF) ("Gamecorp" or the "Company") announced that it has filed its unaudited consolidated financial statements for the period ended June 30, 2008 with Management Discussion and Analysis on SEDAR and CNQ.
Gamecorp reported revenues of $94,000 in the fiscal third quarter ended June 30, 2008 versus nil revenues in the prior year. Net loss was $245,000 ($0.058 per share) in the quarter compared to a loss of $3,832,000 ($0.93 per share) in the previous year.
Revenues for the nine-month period ended June 30, 2008 were $245,000 versus nil revenues in the previous year. Year-to-date net earnings were $3,431,000 ($0.81 EPS) versus a loss of $2,998,000 ($0.76 per share) in the prior year period.
John G. Simmonds, Gamecorp's CEO commented, "These quarterly results largely represent operating and administrative costs associated with the ongoing development of the gaming initiatives we have been focusing on this year. Gamecorp's objective is to realize significant gains from these projects over the long term as well as additional returns from other investments the company has made over the shorter term."
