09:46 AM EST - Versatile Systems Inc. : reported its first-quarter net loss was $46,775 U.S. compared with a profit of $56,615 U.S. in the previous year. However, the company reported a breakeven per share for the latest quarter. Comprehensive loss for the period amounted to $46,775 U.S. versus an income of $23,186 U.S. in the 2008 period. Sales for the three months ended 30 September 2009 declined to $11.62 million U.S. from $14.3 million U.S. in the comparable period. The company's deferred revenue at September 30, 2009 was $8.26 million. Versatile Systems Inc.
shares V.VV are trading even at $0.15.
