CNE Group, Inc. Reports Second Quarter Results.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- CNE (Certified NetWare Engineer) See Novell certification. Group, Inc. (AMEX AMEX See: American Stock Exchange : CNE), today announced its second quarter results. The following table summarizes the Company's results for the three and six-month periods ended June June: see month. 30, 2005 and the comparable 2004 periods.
Three Months Ended Six Months Ended
June 30, June 30,
------------------------ -------------------------
2005 2004 2005 2004
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Total revenues $ 303,557 $ 550,318 $ 930,328 $ 1,533,260
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Loss before taxes $ (92,330) $ (751,112) $ (257,676) $(1,224,666)
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Net loss $ (92,330) $ (751,112) $ (257,676) $(1,224,666)
=========== =========== =========== ===========
Net loss per
common share:
Basic and diluted $ (.01) $ (.07) $ (.02) $ (.12)
=========== =========== =========== ===========
Weighted average
number of common
shares
outstanding:
Basic and Diluted 11,324,248 10,640,915 11,057,582 10,349,248
=========== =========== =========== ===========
Certain statements in this press release constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc CNE Group, Inc. and its subsidiaries (the "Company") within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. All statements regarding future events, our financial performance and operating results, our business strategy and our financing plans are forward-looking statements. In some cases you can identify forward-looking statements by terminology, such as "may," "will," "would," "should," "could," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of such terms or other comparable terminology. These statements are only predictions. Known and unknown risks, uncertainties and other factors could cause actual results to differ materially from those contemplated by the statements. In evaluating these statements, you should specifically consider various factors that may cause our actual results to differ materially from any forward-looking statements. |
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