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Big Stick Media Corp.

03:49 PM EST - Big Stick Media Corp. : incurred a net loss of $2.17 million for the year ended November 30, 2009 versus a net loss of $3.94 million in the previous year. The net loss figures include various non-cash accounting items including amortization expense, stock option compensation expense, accredited interest expense, income tax recoveries, losses on asset dispositions, writedowns on asset impairments and net foreign exchange gains losses emanating from the movement of the U.S. dollar, the company added. Excluding the effects of the non-cash charges, the one-time expense and cash interest expense, the normalized EBITDA for fiscal 2009 was $3.52 million compared with $2.26 million in fiscal 2008. Big Stick Media Corp. shares V.BSM are trading even at $0.09.