Ameritrans Capital Corp. reported unaudited consolidated earnings results for the first quarter ended September 30, 2009. For the quarter, the company reported net decrease in net assets from operations available to common shareholders of $2,973,998 or $0.88 per basic and diluted share compared to net decrease in net assets from operations available to common shareholders of $562,981 or $0.16 per basic and diluted share for the same period ended September 30, 2008. The company's investment income for the three months ended September 30, 2009 decreased $1,205,703, or 83%, to $253,758, as compared to the three months ended September 30, 2008. The decrease in investment income between the periods can be attributed to lower interest rates charged on the total loan portfolio for the quarter, and an overall decrease in the size of the company's loan receivable portfolio due to the sale of substantially all of the company's taxicab medallion portfolio. Net asset value per share of $2.52 as of September 30, 2009 compared to $3.40 as of June 30, 2009. Net realized/unrealized losses on investments were $2,126,711 compared to $179,773 for the same period previous year. Net investment loss for the period was $847,287 compared to $298,833 for the same period previous year.

Ameritrans Capital Corp., Annual General Meeting, Dec 10, 2009, at 10:00 Eastern Daylight. Location: offices of Katten Muchin Rosenman LLP, 575 Madison Avenue, 11th Floor, New York, New York, United States. Agenda: To consider the approval of an Investment Advisory and Management Agreement between Ameritrans and Velocity Capital Advisors LLC; and to consider and act upon such other matters as may properly come before the meeting or any adjournment thereof.

Ameritrans Capital Corp. reported financial results for its fourth quarter and year ended June 30, 2009. For the quarter ended June 30, 2009, the company reported a net investment loss of $1,265,330 or approximately $0.37 per share. Net investment loss for the fourth quarter of Fiscal 2008 was $201,011 or approximately $0.06 per share. Total investment income was $258,742 or $0.08 per share against total investment income of $1,424,281 or $0.42 per share a year ago. For the year, the company reported net investment loss of $2,939,960 or $0.87 per share, net realized/unrealized loss on investments was $2,522,493 on total investment income of $3,344,324 or $0.99 per share against net investment loss of $46,520 or $0.01 per share, net realized/unrealized loss on investments of $491,051 on total investment income of $6,260,277 or $1.84 per share reported a year ago. Net asset value per common share as on June 30, 2009 was $3.40 against net asset value per common share of $5.06 reported a year ago.