RE: RE: RE: Ask of .04Please check the NR said below.
I sold some V.INT and bought a lot of V.FUT and still holding.
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TORONTO, ONTARIO, Dec 03, 2010 (MARKETWIRE via COMTEX News Network) --
The Futura Loyalty Group Inc. (TSX VENTURE: FUT) ("Futura" or the "Company") has released its financial results for the third quarter ending September 30, 2010.
Revenue from continuing operations for the three month period ended September 30, 2010 was $373,604, up 86% from $201,371 in the same period in 2009. A significant portion of this increase was the result of improving Aeroplan Miles sales which rose to $273,820 for the third quarter of 2010, compared to $101,691 for the third quarter of 2009. Total revenue from continuing operations for the nine-month periods ended September 30, 2010 and 2009 was $1,140,494 and $546,412, respectively, representing a period-over-period increase of $594,082 or 109%.
The expansion of the Aeroplan offering into additional retail chains contributed significantly to the quarter and year-to-date increased revenue. The Company continues to add retailers issuing Aeroplan Miles and Futura Rewards(R) to consumers and has increased retail locations that offer Futura and Aeroplan rewards from 274 to over 600 locations this year.
During the first 3 quarters of 2010, the Company enjoyed its busiest period since inception, securing marketing service agreements with a number of national retail organizations, with heavy focus in the important automotive service category; these included OK Tire (a 270 store tire and automotive service retailer), Integra Tire & Auto (64 stores across Western Canada), Meineke Canada (25 auto service locations), Maaco Systems (30 auto-body shops), Carstar Canada (all 6 BC locations) and numerous other retail/service companies including Nutrilawn (30+ lawn care franchises across Canada), Notre Dame Agencies (6 furniture stores in Newfoundland) and other independent retailers in the auto service and furniture categories. The Company also continued to see growth with other key customers that joined the program prior to 2010, including Active Green and Ross, PJ's Pet Centres and The Chesterfield Shop.
"We are excited about the growth we have experienced and continue to grow our base of merchants issuing both the Aeroplan and Futura programs in Canada. We are also exploring some great US growth opportunities for 2011" said Mark Farrell, CEO of Futura.