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MATRRIX Energy Technologies Inc.

03:45 PM EST - MATRRIX Energy Technologies Inc. : Announced financial results for the three-month period ended March 31, 2016. Consolidated gross margin of 48%, up 380% from 10% The company recorded net loss of $816,000 down 37% from net loss of $1.3 million. Adjusted EBITDA of ($59,000), up 91% from ($678,000). MATRRIX Energy Technologies Inc. shares V.MXX are trading up $0.08 at $0.19.