03:41 PM EST - Urban Communications Inc. : announced that its quarterly interim financial statements and related Management's Discussion & Analysis reports for the period ended September 30. Working capital deficit improved by $2,323,841 compared to June 30. Private placement for $532,500 and convertible debenture for $1,227,000 closed in the quarter. Cash on hand of $674,386 plus a further $420,000 to be received from the debenture at September 30 2014. Urban Communications Inc.
shares V.UBN are trading unchanged at $0.08.