StockMarketWire.com - Sealand Capital Galaxy has reported that post-tax losses for the year ended 31 December were £250,839 (2015: £46,553).

The Company had cash at bank and in hand of £457,597 at 31 December 2016. The current cash balance stands at £1.3m.

Sealand also reaffirmed that it completed the acquisition of SecureCom Media, the holder of global exclusive operating rights to the mobile application "Metalk" (www.immetalk.com), developed by Logicquest Technology Inc.

The Company's Chairman said:

"Following the Company's re-listing in February 2017 and the acquisition of SecureCom, allied to a positive cash balance I look forward to the Company having a successful future and I would like to thank all those who have contributed to bringing the Company to its present position."




At 1:09pm: [LON:SCGL] Sealand Capital Galaxy Limited Ord Shs Gbp0.0001 Each Di share price was 0p at 25p



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