Penny Stock News: Diversinet Reports First Quarter 2011 Financial Results

by | May 2, 2011 | Breaking News, Penny Stocks, Penny Stocks Alerts

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TORONTO, April 29 /PRNewswire-FirstCall/ – Diversinet Corp. (TSXV: DIV), (OTCBB: DVNTF), a leader in “connected and protected” mobile healthcare communications,
reported its first quarter 2011 results for the period ended March 31,
2011.  All dollar amounts are in U.S. dollars.

Effective for the 2010 fiscal year, the company has adopted U.S.
generally accepted accounting principles (“U.S. GAAP”) for the
presentation of its consolidated financial statements for Canadian and
U.S. reporting requirements, and in this release has restated
comparative historical periods accordingly.

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Article source: http://www.prnewswire.com/news-releases/diversinet-reports-first-quarter-2011-financial-results-120955589.html