03:55 PM EST - Grey Island Systems International Inc. : said it incurred a net loss of $292,000 or $0.003 per share for the third quarter ending June 30, 2009, driven primarily by a large foreign exchange expense of about $500,000, due to the rising Canadian currency. Excluding amortization, interest, taxation and foreign exchange, the company generated operating income of $35,000 in the recent quarter. Grey Island Systems International Inc.
shares V.GIS are trading down $0.005 at $0.32.
