11:51 AM EST - GBO Inc. : reported a net loss for the first quarter of $1.2 million or $0.04 per share, compared to a net loss of $500,000 or $0.02 per share for the year-ago quarter. Sales for the first quarter fell 20.9% to $9.7 million from $12.2 million in the same quarter last year. GBO Inc.
shares V.GBO are trading even at $0.16.