WINTER PARK, Fla., Aug. 10 /PRNewswire-FirstCall/ -- TMT Capital Corporation (BULLETIN BOARD: TMTP) , filed today its financial results for the second quarter ending June 30, 2007 on Form 10-QSB, which is available at http://www.sec.gov/. President and CEO Tania M. Torruella commented on the Company's results:
"We are showing a second quarter net profit of $13,459,301 for the quarter ending June 30, 2007. This change to net income results entirely from the accounting treatment of the warrants per SFAS 133 issued from September 2006 to June 30 2007."
TMT Capital Corporation operates as a holding company of subsidiaries, representing various growth industries. The company model is to grow shareholder equity through acquisition, or through new formation of subsidiaries.
The Company can be reached at
Forward-Looking Statements: This release may contain forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. Additional information about the Company can be found in periodic filings with the SEC available at http://www.sec.gov/.
