03:32 PM EST - Lonestar West Inc. : announced the continuation of a strong business performance for the first quarter of fiscal 2012. For the three months ended September 30, gross revenues were $3,812,418 in comparison to $1,602,157 in the previous year's comparable quarter, an increase of 137.0%. EBITDAC increased 146.2% in the current quarter to $574,892 ($0.041 per share) in relation to the previous year's comparable quarter of $233,463 ($0.018 per share). Earnings for the quarter increased $318,207 compared to the net loss of $11,951 for the comparable quarter. Lonestar West Inc.
shares V.LSI are trading even at $0.79.
