10:58 AM EST - Jemi Fibre Corp. : announced its results for the three-month period ended October 31, 2014. During the second quarter, the Company recorded revenue of $14,500,262, a 115% increase over the $6,744,916 in revenue recorded for the preceding quarter ended July 31, 2014. EBITDA for the second quarter was $2,850,494 compared with EBITDA of $180,193 in the first quarter, indicating positive cash flow contributions from our newly acquired assets. The net loss and comprehensive loss for the second quarter amounted to $943,947 or $0.02 per common share, compared to net loss and comprehensive loss $12,405,677 or $0.34 per common share for the preceding quarter. Jemi Fibre Corp.
shares V.JFI are trading down $0.08 at $0.70.
