10:19 AM EST - PhosCan Chemical Corp. : reported a net loss of $1.36 million for the first quarter, compared to a net loss of $74.36 thousand in the same quarter last year. The company said that the wider net loss was primarily due to a $1.1 million increase in stock option compensation expense. PhosCan Chemical Corp.
shares V.FOS are trading down 14 cents at $1.94.