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Lonestar West Inc.

03:42 PM EST - Lonestar West Inc. : reported for the third quarter of fiscal 2009 wider loss of $373,000 or $0.03 per basic share, compared to $32,000 or $32.08 per basic share. Quarterly revenues improved to $1.37 million from $584,000 a year ago. Operating expenses rose to $1.23 million from $439,000 in the same period last year. Lonestar West Inc. shares V.LSI are trading even at $0.50.