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Globalcom Telecommunication (GCOM) realized losses of $0.360 million in the first quarter of 2010.

2010-04-29

Globalcom Telecommunication (GCOM)  disclosed its financial statements for the first quarter of 2010, and the company’s financial results as of 31/03/2010 indicated Realized  losses of $ 360,967 comparing to $ 887291 at the end of the facial year 2009. The company’s assets reached $ 8,262,219 at the end 31/03/2010 after they reached $ 8,501,335 on 31/12/2009. Total liabilities reached $ 221,006 at the end of the first quarter of 2010 comparing to $ 108,993 as of 31/12/2009. Shareholders’ equity reached $ 8,051,213 on 31/03/2010 after they reached $8,392,342 at the end of 2009.