HydraLogic Reports Interim Financial Results
TORONTO, Sept. 27, 2012 /CNW/ - HydraLogic Systems Inc. ("HydraLogic" or the "Company") (NEX: HLS.H - OTC Pink Sheet: HYSYF) today announced its filing of the Company's Consolidated Financial Results and Management Discussion & Analysis to SEDAR (www.sedar.com) for the three month period ending March 31, 2012 and June 30, 2012.
The Company remains on the NEX Board of the TSX Venture Exchange. Trading in the Company's securities remains suspended. With the filing of the first two quarters of 2012, the Company is now working to finalize any outstanding compliance matters related to its financial reporting and plans to make an application to the Ontario Securities Commission to resume trading as soon as possible.
The Board continues to explore all available options for the shell.
Forward Looking Statements
This press release contains certain "forward looking statements". These statements relate to future events or future performance and reflect expectations and belief regarding growth, results of operations, performance, business prospects, opportunities or industry performance and trends. These forward looking statements reflect current internal projections, expectations or beliefs and are based on information currently available. A number of factors could cause actual events or results to differ materially from the results discussed in the forward looking statements. Although it is believed that the forward looking statements contained in this press release are based upon reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward looking statements. These forward looking statements are made as of the date of this press release, and HydraLogic Systems Inc. assumes no obligation to update or revise them to reflect new events or circumstances, except as required pursuant to applicable securities laws.
The NEX Exchange does not accept responsibility for the adequacy or accuracy of this news release.
SOURCE: HydraLogic Systems Inc.
Michael Beckley
President & CEO
416 740 3900 ext 400
[email protected]
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