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Last updated on April 20, 2014 at 14:04 EDT

Latest Comarco Inc. Stories

2014-02-05 08:36:08

LAKE FOREST, Calif., Feb. 5, 2014 /PRNewswire/ -- Comarco, Inc. (OTC:CMRO.PK) ("the Company") announced that on February 4, 2014, the jury returned a verdict in favor of the Company in its previously reported litigation with Chicony Power Technology, Co. Ltd ("Chicony") and awarded the Company damages of approximately $10.8 million, offset by previously accrued liabilities of $1.1 million for a net award to Comarco of approximately $9.7 million. Because the award is subject to entry...

2013-06-14 16:25:58

LAKE FOREST, Calif., June 14, 2013 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK) today announced its financial results for the first fiscal quarter ended April 30, 2013. The Company also filed its Quarterly Report on Form 10-Q for the first quarter of fiscal year 2014 with the Securities and Exchange Commission today. Revenue for the first quarter of fiscal 2014 was $1.4 million, a decrease of 36% compared with $2.2 million in revenue for the first quarter of fiscal 2013. The prior year...

2013-04-30 16:37:46

LAKE FOREST, Calif., April 30, 2013 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK), today announced its financial results for the fourth fiscal quarter and full fiscal year ended January 31, 2013. The Company also filed its Annual Report on Form 10-K for fiscal year 2013 with the Securities and Exchange Commission today. Revenue for the fourth quarter of fiscal 2013 was $1.3 million compared to $0.9 million for the fourth quarter of fiscal 2012. For the quarter, the Company reported a net loss...

2013-02-12 16:25:27

LAKE FOREST, Calif., Feb. 12, 2013 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK), announced today that, on Monday, February 11, 2013, it has consummated a $2.5 million debt and equity financing transaction with Elkhorn Partners Limited Partnership ("Elkhorn"), an existing shareholder of the Company. In that transaction, Elkhorn has made a $1.5 million secured loan to the Company maturing on November 30, 2014, and has purchased a total of 6,250,000 shares of our common stock, at a...

2012-12-11 08:32:55

LAKE FOREST, Calif., Dec. 11, 2012 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK) announced today it has been issued a new patent (pat. # 8,330,303) by the U.S. Patent & Trademark Office (USPTO). This new patent, which relates to cables that charge electronic devices using connector adapters that provide data and power, brings the total number of patents in the Company's portfolio to 46. "As more and more portable electronic devices proliferate with different power needs, the...

2012-09-17 02:28:25

LAKE FOREST, Calif., Sept. 17, 2012 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK), today announced its financial results for the second quarter of fiscal 2013 ended July 31, 2012. The Company filed its Quarterly Report on Form 10-Q for the second quarter of fiscal year 2013 with the Securities and Exchange Commission on Friday, September 14, 2012. Revenue for the second quarter of fiscal 2013 was $1.7 million compared to $1.9 million for the second quarter of fiscal 2012. Second quarter...

2012-08-01 02:32:51

LAKE FOREST, Calif., Aug. 1, 2012 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK) announced today that Louis E. Silverman (53), has been appointed to its Board of Directors. Mr. Silverman's appointment was effective on July 28, 2012 and brings the total number of board members to seven. Mr. Silverman was also elected Chairman of the Board at that time. Mr. Silverman most recently served as Chief Executive Officer of Marina Medical Billing Service ("Marina"), a private equity-backed provider...

2012-07-31 02:31:43

LAKE FOREST, Calif., July 31, 2012 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK), announced today that, on Friday, July 27, 2012, it entered into a combined debt and equity financing transaction with its largest shareholder, Broadwood Partners, L.P. ("Broadwood"). Pursuant to this transaction, Broadwood has made a $2.0 million six month secured loan to the Company (the "Bridge Loan") to provide us with near term liquidity. Broadwood also entered into a stock purchase agreement (the "Stock...

2012-07-26 02:27:45

LAKE FOREST, Calif., July 26, 2012 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK) announced today that it has reached a mutually satisfactory resolution of a dispute with EDAC, a supplier of the now discontinued Manhattan product, ending the litigation between the two companies. The settlement involved no cash payments by either of the parties, but allows the Company to remove a significant liability from its balance sheet. The effect on Comarco of the settlement is a reduction of...

2012-06-14 14:22:22

LAKE FOREST, Calif., June 14, 2012 /PRNewswire/ -- Comarco, Inc. (OTC: CMRO.PK) today announced its financial results for the first fiscal quarter ended April 30, 2012. The Company also filed its Quarterly Report on Form 10-Q for the first quarter of fiscal year 2013 with the Securities and Exchange Commission today. Revenue for the first quarter of fiscal 2013 was $2.2 million, a decrease of 25% compared with $2.9 million in revenue for the first quarter of fiscal 2012. The Company...