1/27/2015 - 11:44 AM EST - iFabric Corp : announced that during the course of its September 30, 2014 year end audit, the Company revisited an issue with respect to its accounting treatment of the fair value of warrants issued pursuant a private placement of units, which closed on December 13, 2013. After making the adjustment, net earnings and total comprehensive earnings for the three-month period ended December 31, 2013 have been restated to reflect an amount of $213,330 ($0.008 earnings per share, basic and diluted) as opposed to the previously reported net loss and total comprehensive loss of $491,531 ($0.019 loss per share, basic and diluted). iFabric Corp
shares V.IFA are trading unchanged at $3.33.
