OTCPK:TFCCF - Post by User
Post by
zbaronsamedion May 11, 2016 10:32am
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Terra Firma Capital Q1 revenue rose 7 percent to co $4.3 mln
Terra Firma Capital Q1 revenue rose 7 percent to co $4.3 mlnBRIEF-Terra Firma Capital Corp says Q1 revenue rose 7 percent to c$4.3 mln
BRIEF-Terra Firma Capital Corp says Q1 revenue rose 7 percent to c$4.3 mln May 11 (Reuters) - Terra Firma Capital Corp
* On april 25, 2016, one of co's borrowers filed notice of intention to make proposal under bankruptcy and insolvency act (canada)
* Total loan exposure to borrower is approximately $13.9 million and is secured
* Already commenced enforcing its security on loans, but process has been temporarily stayed by filing of noi
* In short term, anticipate that there may be a negative impact on ability to earn income on outstanding amounts
* Terra firma capital corporation reports results for the three months ended march 31, 2016
* Q1 revenue rose 7 percent to c$4.3 million
* Q1 earnings per share c$0.00
* Q1 earnings per share view c$0.02 -- Thomson Reuters I/B/E/S Source text for Eikon: