January 29, 2009

LIQUIDITY ALERT: PhotoChannel Networks Has $2.4M Current Deficit

COMPANIES: PhotoChannel Networks Inc
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PhotoChannel Networks, Inc., reports a CDN2.47 million working capital deficit at September 30, 2008 from a CDN4.11 million working capital deficit at September 30, 2007.

The Company had CDN7.12 million in…

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LOCATIONS: Canada