03:38 PM EST - TriNorth Capital Inc. : reported a net loss for the second quarter of $3.05 million or $0.02 per share, compared to net income of $1.92 million or $0.013 per share in the year-ago quarter. The company said that the net loss was primarily due to decreases in the market value of public securities and decreases in valuations of private companies, development expenses related to Feronia, an agriculture business Trinorth has founded and one-time legal and consulting fees relating to TriNorth's response to a proxy challenge initiated by a dissident shareholder. TriNorth Capital Inc.
shares V.TRT are trading even at $0.05.
