04:03 PM EST - CloudBench Applications, Inc. : announced financial results for the fourth quarter, posting a net loss of $160.000 or $0.01 per share, compared to a loss of $550,000 or $0.03 per share in the same quarter last year. Revenue related to the company's web-based software, which was retained by the company and is being sold under the name BasicGov, increased to $30,000 from $10,000 in the same quarter prior year. CloudBench Applications, Inc.
shares V.CBH are trading even at $0.04.