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Mining Oil, Inc.
Mining Oil Announces Third Quarter 2008 Results and Listing on the OTC Bulletin Board Exchange Under the Symbol: MIOI
December 21st, 2008
Mining Oil reported net income available to common shareholders of $125,857, or $0.01 per share for the quarter ending September 30, 2008. This compares to a net loss available to common shareholders of ($53,585), or ($0.01) per share for the quarter ending September 30, 2007. The Company has filed its Third Quarter 2008 results on Form 10-Q with the Securities and Exchange Commission on November 18, 2008. The results for the third quarter 2008 were primarily achieved through Mining Oil's equity in the net income of MSB Energy, Inc., an affiliate of Mining Oil, for the three months ended September 30, 2008. This equity income represents the Company's 25% interest in MSB...
Source: Pharma Investments, Ventures & Law Weekly (2008-12-21)
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