Financial Results in for First Quarter 2009
Greetings,
We recently filed our results for the first quarter of 2009 and are happy to report great results. OBN Holdings generated revenue of $6.4 million for the first three months of our 2009 fiscal year. We posted net income of $610,000, or five cents ($0.05) per share, for the period compared to a loss of $169,000, or minus four cents (-$0.04) for the same period in 2008. We plan to file our second quarter results within the next few weeks.