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Posted by Persia on :
Terra Nova Financial Group's Q1 revenues rise by 1630%

May 16, 2007 (M2 EQUITYBITES via COMTEX News Network) --
Terra Nova Financial Group Inc (OTCBB:TNVF), a financial services company, on 15 May released its results for the first quarter of 2007. First quarter revenues of approximately USD11.9m, up 1630% from 2006 first quarter revenues of USD688,138. For Q1 2007, the company reported a net income of USD871,317, or USD0.00 per common share, basic and diluted, compared to net loss of USD556,605, or USD0.02 net loss per common share, basic and diluted, in the same period of 2006.

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