09:48 AM EST - Active Control Technology Inc. : reported that its first-quarter net loss was $1.05 million or $0.006 per share, compared to a net loss of $748,933 or $0.005 in the year ago quarter. Revenues for the quarter were $1.34 million, compared to $362,258 in the year-ago quarter. The increase is attributable to the deployment of the Corporation's ActiveMine product, which delivered a sixfold increase in revenues. Expenses, not including interest expense, for the quarter were $1.34 million, compared to $852,325 last year. Active Control Technology Inc.
shares V.ACT are trading even at $0.05.
