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Powertech reports results for second quarter

  //business-finance.news-articles.net/content/201 .. owertech-reports-results-for-second-quarter.html
  Published in Business and Finance on Monday, May 31st 2010 at 9:00 GMT by Market Wire
          ^{🞛 This publication is a summary or evaluation of another publication}

 ------------------------------------------------------------------------- ------------------------------------------------------------------------- Selected financial information For the three-month period ended March 31* First six months Q2/2010 Q2/2009 2010 2009 ---------------------------------------------- Revenues $162,540 $126,105 $228,216 $549,164 Net loss ($443,669) ($456,057) ($901,548) ($781,227) Basic and diluted loss per share ($0.01) ($0.01) ($0.02) ($0.02) ---------------------------------------------- ---------------------------------------------- * unaudited ------------------------------------------------------------------------- ------------------------------------------------------------------------- Additional Highlights - Delivered first units to OEM distributor in Istanbul Turkey and developed OEM versions to be produced locally. - Converted a $1M debenture plus accumulated interest into common shares of the Company. ------------------------------------------------------------------------- -------------------------------------------------------------------------