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Article: Biloxi Marsh Lands Corporation Announces Unaudited Results for the Third Quarter and First Nine Months of 2009 and Provides Update.
- Article from:
- Business Wire
- Article date:
- October 30, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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METAIRIE, La. -- Biloxi Marsh Lands Corporation (PINK SHEETS: BLMC) today announces its unaudited results for the third quarter and first nine months of 2009 and provides update. Total revenue for the third quarter of 2009 was $23,459,199 compared to total revenue of $249,062 for the same period of 2008. For the first nine months of 2009 revenue was $24,717,858 compared to $3,312,461 for the same period of 2008. As previously announced 2009 revenues include $23,827,543 in funds received from the settlement effective July 1, 2009 of the litigation that was pending in the Louisiana State Court in St. Bernard Parish to determine the ownership of Sections 1, 2 and 3, Township ...