11:38 AM EST - Versatile Systems Inc. : reported that its second-quarter net loss reduced significantly to $80,661 from $533,171 for the same period last year. The company reported a breakeven per share for the recent quarter. Revenue for the three months ended December 31, 2009 was $11.26 million compared with $12.33 million in the same quarter last year, a decrease of $1.07 million. Cash and cash equivalents and short term investments at December 31, 2009 was $6,096,258 compared to $2,002,530 at June 30, 2009. Versatile Systems Inc.
shares V.VV are trading up $0.005 at $0.10.
