ADM Tronics Unlimited, Inc (ADMT)

[schtingi]

ADM Tronics Unlimited, Inc. (ADMT) announced today that this past Tuesday February 21, 2017 the Company released results for its third quarter ended December 31, 2016 of fiscal year 2017. What immediately followed was a significant increase in the trading volume of ADMT common stock, with over 950,000 shares traded, plus an influx of calls and emails inquiring about the Company from individual investors, investment professionals and the media. People reported they were concerned that after recording 13 consecutive quarters of increased profits, could the loss in the three months ended December 31, 2016 mark a decline in the growth of the company. Andre' DiMino, ADMT CEO responded, "The situation is just the opposite when you consider that we have booked 14 consecutive quarters of increased revenues."

He continued, "In order to meet the demand for our products, which are scheduled for delivery in this current quarter, we made a significant investment into acquiring and installing automated state-of -the-art computer controlled equipment, which significantly expands our internal production capabilities. We also invested in expanding our engineering division. Putting these extraordinary expenses behind us bodes well for the fourth quarter of this fiscal year as we now have returned to running at our typical operating expenses. With our FDA-registered medical device facility having greatly increased production and engineering capabilities, plus a substantial amount of cash in reserve, the return on the investment in the company's infrastructure should reap dividends for years to come, and also allow ADMT to put more focus on rolling out several of its own proprietary medical device technologies...

http://finance.yahoo.com/news/adm-tronics-elects-outsource-investor-164100678.html