American Nortel Communications Inc. Announces: First Quarter Fiscal 2001 Results.Business Editors SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Nov. 14, 2000 American Nortel Communications Inc. (OTCBB:ARTM ARTM - Acquisition Reform Training Modules ARTM - Analysis & Reporting Training Module ARTM - Availability Reporting and Tracking Module (replaced by STASS FY96)) Tuesday announces the following sales, net income and earnings per share figures for first quarter Fiscal 2001 and 2000:
2001 2000
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Gross Sales 3,199,036 6,763,404
Net Income after
Taxes 119,280 1,396,650
Per Share .01 .09
All numbers are subject to final audit
Bill Williams, chief executive officer of American Nortel Communications Inc., stated, "We continue to experience a difficult long distance market, however we are encouraged that, for the future, our investment banking continues to be involved in exciting opportunities." Scottsdale-based American Nortel Communications Inc. is an investment banking group providing investment banking services to qualified small cap companies. It is also a provider of One Plus long distance services. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, completion of acquisitions, continued acceptance of the acquired companies products, competition, new products and technological changes, intellectual property rights and risks. |
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