Volcom, Inc. (NASDAQ: VLCM)

• – Quarter ending March 31, 2009
• – Net : $4.2 Million
• – Per Diluted Share: $0.17
• – Consolidated Revenues: $68.3 Million – Down $12.3 million from a year ago

Richard Woolcott, Volcom’s CEO said, “Overall, the first quarter was slightly ahead of our expectations in all three of our business segments. The core Volcom business is well intact, bolstered by innovative product and a strong global brand. We are working diligently to maintain our competitive edge and position the company to remain financially strong and creatively energized.”

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Vestal Presents Black Lips This Sunday at Detroit Bar in Costa Mesa, CA

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Hot Tuna International up 80 % (0.67 points) after raising £300,000 by re-pricing their shares at 0.3 points. However, all this seemingly good news comes with some bad; the company was actually forced to raise the capital, which they could not get new bank loans for, in order to fulfill existing orders.

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