03:52 PM EST - Mitec Telecom Inc. : posted first-quarter net loss of $2.1 million or $0.01 per share, compared to net income of $55,000 or $0.00 per share in the last-year quarter. Sales for the quarter decreased to $6.7 million from $14.9 million in the prior-year quarter. Mitec Telecom Inc.
shares T.MTM are trading even at $0.07.
