CPVC Bromont Inc.
TSX VENTURE : BBB.P

April 29, 2008 18:27 ET

CPVC Bromont Inc. Releases December 31, 2007 Financial Statements

MONTREAL, QUEBEC--(Marketwire - April 29, 2008) - CPVC Bromont Inc. ("Bromont") (TSX VENTURE:BBB.P) today released its audited financial statements for the year ended December 31, 2007.

The net loss for the year ended December 31, 2007 was $50,641 or ($0.044) per share.



SUMMARY OF INCOME STATEMENT INFORMATION

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Income Statement December 31, 2007
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Interest income $765
Net income (loss) ($50,641)
Per share - basic and diluted ($0.044)
Weighted average shares outstanding 1,152,308
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SUMMARY OF CASH FLOWS INFORMATION

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Cash Flows December 31, 2007
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Cash used in operating activities $(15,729)
Cash from investing activities $ 0
Cash from financing activities $265,739
Increase (decrease) in cash $250,010
Cash - beginning of year $ 0
Cash - end of year $250,010
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SUMMARY OF BALANCE SHEET INFORMATION

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Balance Sheet December 31, 2007
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Cash and cash equivalents $250,010
Total Assets $251,295
Total Liabilities $ 12,953
Share capital $370,000
Total Shareholders' Equity $238,342
Total Liabilities & Shareholders' Equity $251,295
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The Company's December 31, 2007 financial statements may be viewed on SEDAR at www.sedar.com

The TSX Venture Exchange Inc. does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • CPVC Bromont Inc.
    Bill Hess
    President
    (514) 395-1420