VANCOUVER, British Columbia, Aug. 30, 2016 (GLOBE NEWSWIRE) — Tinkerine Studios Ltd. (“Tinkerine” or the “Company”) (TSX-V:TTD) (FSE:WB6B) (OTC:TKSTF) is pleased to announce the financial results for the fiscal period ending June 30, 2016. The Company’s interim financial statements and management’s discussion and analysis (“MD&A”) for the three months ended June 30, 2016 are available on SEDAR at www.sedar.com and on the Company website at: www.tinkerine.com.
Highlights Q2 2016
|Q2 2016||Q2 2015
|Cost of Goods Sold||$||168,155||$||135,497|
|Net Income (Loss)||$||(187,498||)||$||(340,076||)|
With the recent appointment of Mr. Bob Longo, the Company is focused on new sales channels in North America utilizing Mr. Longo’s relationships with educational and technology entities. Mr. Longo is the former president of Apple’s Powerschool division, and was the president, CEO and vice-chairman at Carnegie Learning, a leading adaptive math software developer and publisher. The Company continues to streamline and minimize operating costs while maintaining the same level of customer service. In addition, the Company is negotiating with major retailers for the sale of Tinkerine’s DittoPro 3D printer and associated filiaments.
ABOUT TINKERINE STUDIOS LTD.
Tinkerine Studios designs and manufactures user-friendly award winning 3D printers and software, with a focus on STEAM based educational content and online training tools. Tinkerine also manufactures its own line of high purity filament for 3D printers.
Tinkerine and Ditto are registered trademarks of Tinkerine Studios Ltd., all rights reserved.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CONTACT: For further information please contact: Dean Stuart, Investor Relations T: 403 617 7609 E: firstname.lastname@example.org