CPVC Bromont Inc.
TSX VENTURE : BBB.P

November 14, 2008 17:49 ET

CPVC Bromont Inc. Releases September 30, 2008 Financial Statements

MONTREAL, QUEBEC--(Marketwire - Nov. 14, 2008) - CPVC Bromont Inc. ("Bromont") (TSX Venture:BBB.P) today released its unaudited financial statements for the quarter ended September 30, 2008.

The net loss for the quarter ended September 30, 2008 was ($8,419) or ($0.004) per share compared to a net loss of ($7,639) or ($0.008) per share for the quarter ended September 30, 2007.



SUMMARY OF INCOME STATEMENT INFORMATION

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Income Statement September 30, September 30,
2008 2007
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Interest income $1,858 $0
Net income (loss) ($8,419) ($7,639)
Per share - basic and diluted ($0.004) ($0.008)
Weighted average shares outstanding 1,960,000 960,000
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SUMMARY OF CASH FLOWS INFORMATION

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Cash Flows September 30, September 30,
2008 2007
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Cash used in operating activities ($26,236) $3,712
Cash from investing activities $0 $0
Cash from financing activities $0 $79,400
Increase (decrease) in cash and cash equivalents ($26,236) $83,112
Cash and cash equivalents - beginning of quarter $232,018 $0
Cash and cash equivalents - end of quarter $205,782 $83,112
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SUMMARY OF BALANCE SHEET INFORMATION

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Balance Sheet September 30, December 31,
2008 2007
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Cash and cash equivalents $205,782 $250,010
Total Assets $214,621 $251,295
Total Liabilities $4,816 $12,953
Share capital $370,000 $370,000
Total Shareholders' Equity $209,805 $238,342
Total Liabilities & Shareholders' Equity $214,621 $251,295
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The Company's September 30, 2008 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