Bulova Technologies Group Inc (fka BTGI)

[LoveAndLight]

Yes... $BTGI projected annual revenues now become $40,000,000 with the acquisition of Big Red Transport, which will effectively add another $12 Million of annual profitable revenues.

From the March 31, 2017 press release projecting FY2017 year ending total annual revenues of $28 Million...
http://www.businesswire.com/news/home/20170531005238/en/

Bulova Technologies Group, Inc. (BTGI) announced today it achieved revenues of $6,259,160 from its operations for the three month period ending March 31, 2017 and $10,796,812 income on deconsolidation of its Bulova Technologies Ordnance Systems LLC subsidiary, yielding a net income of $8,626,292 to BTGI.

Revenues for the six month period ending March 31, 2017 are $12,646,404.00 with net income of $7,188,454.00. The BTGI fiscal year is October 1, 2016 through September 30, 2017.

Stephen L. Gurba, President and Chief Executive Officer of Bulova Technologies Group, Inc., stated, “We are pleased by the results of this quarter and we look forward to an increase in our operations' revenue in succeeding quarters.” We are optimistic that revenues of $28,000,000.00 will be achieved by our fiscal year end of September 30, 2017.

So essentially CEO Stephen Gurba is projecting that FY2017 3rd and 4th Quarter revenues (which have not been reported yet), will surpass previous quarters revenue to reach the anticipated FY2017 $28 Million.

Then add in the additional $12,000,000 in annual revenues that Big Red Transport will now bring to the table...
That then gives $BTGI projected annual revenues of $40 Million for upcoming FY2018.
And please keep in mind that FY2018 projected revenues could go ^UP^ even higher than $40 Million if there are more new company acquisitions in the trucking division and/or the machine tool division!

From the Big Red Transport Acquisition press release on June 15, 2107...
http://www.businesswire.com/news/home/20170615006110/en/Bulova-Technologies-Group-Announces-Acquisition

Bulova Technologies Group, Inc. (BTGI) announced today the execution of a Letter of Intent to purchase Big Red Transport, Inc. (“Big Red”), a New Jersey – based trucking company with 27 trucks, 38 refrigerated trailers and currently 38 customers.

Stephen L. Gurba, President and Chief Executive Officer of the Company, stated, “The acquisition of Big Red is a welcome addition to the Bulova Technologies family of transportation companies. Big Red, with hubs in both Netcong, New Jersey and Chicago, Illinois, will complement our transportation companies by providing us with a Northeast and Midwest U.S. platform and ensure the increased efficiency of our current fleet. I anticipate that this transaction will be completed by July 15. This will increase profitable sales in our transportation division by $12 Million annually.”

Blessings and best wishes,
LoveAndLight