some been waiting long time3 Nov 2015 15:02
28 September 2012
ARMSTRONG VENTURES PLC
("Armstrong" or "the Company")
Unaudited Interim results for the six month period ended 30 June 2012
Chairman's Statement
Armstrong Ventures (AIM: AVP) is pleased to announce its interim results for the six month period ended 30 June 2012.
During the period under review there has been no operating activity and consequently the Company has not generated any revenue. The Company recorded a loss of £69,142 and a loss per share of 0.05p, which compares to a corresponding six month period loss last year of £33,365 and a loss per share of 0.02p.
Prior to this period, the then Directors had attempted to implement the Company's investment policy, which was to seek acquisitions or invest in companies in the technology sector in Europe, the Far East and North America. However despite reviewing several potential projects that were capable of fulfilling the company's criteria they were unable to implement the investment strategy. As per the AIM rules for Companies, as the Company had failed to implement its investment policy its shares were suspended with effect from 14 December 2011.