Thursday, 26 February 2015

Financial year 2015 first quarter highlights.

F.E.A.R Corporation

Financial year 2015 Q1 highlights.

The Corporation posted positive results. International sales grew by
17% buoyed mainly by entertainment house HOSE. Although business was
significantly slower especially in the month of January, Open Minds
Publications maintained its clientele base.

The FY 2015 Q1 revenue was $26, 150 but due to higher unforeseen
expenditure, the Corporation posted a quarterly net loss of $1, 620.

The entertainment and multi-media house posted positive 5th quarter
results as they establishes on the international market. HOSE is
pursuing international partners to bolster their presence.

Despite slow business, they are engaging 2 partners to conclude a
joint venture. Work on "The Great Disappointment: Anarchy" has begun
in earnest.

GETI, AgroFearo & MBM
Preparations for setting up of GETIShop are at an advanced stage.
AgroFearo is expected to beginning yielding results in the third quarter.
We are still engaging partners to transform MBM from a microfinance
institution into a diversified financial house. MBM will also act as
an investment house.

The FY 2015 outlook remains unchanged despite below expectation Q1
results. We believe business will pick up in Q2 and is expected to
maintain growth till end of financial year.

Board Chair
F.E.A.R Corporation
26 February 2015

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