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Big Stick Media Corporation

03:53 PM EST - Big Stick Media Corporation : announced its financial results for the quarter ended February 28, 2010. For the quarter, the company incurred a net loss of $7.97 million compared to net income of $435,000 for the quarter ended February 28, 2009. The company noted that the results for the first quarter of fiscal 2010 were adversely impacted by a goodwill impairment charge of $8.2 million that was taken in recognition of the decreased revenues and profitability of a division of the company. Big Stick Media Corporation shares V.BSM are trading even at $0.08.