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Innovium Media Properties Corp.

09:55 AM EST - Innovium Media Properties Corp. : said its second-quarter net loss was $1.09 million or $0.01 versus a profit of $3.52 million or $0.04 in the year-earlier period. Interest and dividend income rose 85% in the second quarter of 2009 compared with the prior year period. In the second quarter of 2009, the company recorded an unrealized foreign exchange loss of $1.04 million on its investment in Seed Media Group compared with a loss of $30,000 in 2008, as a result of fluctuations in the US dollar/Canadian dollar exchange rate. Innovium Media Properties Corp. shares V.IN are trading even at $0.06.