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Legend Power Systems Inc.

03:56 PM EST - Legend Power Systems Inc. : reported a net loss for the full year 2009 of $2.3 million or $0.09 per share, compared to a net loss of $2.3 million or $0.15 per share for the fiscal year 2008. Loss before other items for the full year 2009 was $2.4 million or $0.09 per share, compared to a loss before other items of $2.4 million or $0.16 per share in the previous year. Average shares outstanding in the full year 2009 were about 27.45 million, compared to 15.3 million in 2008. Revenue for the fiscal year 2009 fell to $24,079 from $690,212 in the prior year. Legend Power Systems Inc. shares V.LPS are trading down $0.06 at $0.47.