ALERTS, CHARTS, & HOT STOCKS

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$SODE's ELLA subsidiary recently completed the California Highway Patrol Mountain Pass Joint Entry project. The project consisted of ballistic frames, security glazing and activated hardware. Contract value was $98,000.00. The project was completed on time and within budget.

ELLA is a general contracting, general engineering and specialty contracting company in California and offers comprehensive construction services across the Western Pacific region.

The contract value will be included in Social Detention Inc.’s third-quarter 2017 revenue. The completed contract will help boost the company’s top-line growth in the near term.

Robert P. Legg II, President and CEO, stated, "I am pleased we are winning and completing projects in our security and infrastructure divisons. Procurement is robust in both sectors and we look forward to building our backlog for 2018."

The company anticipates to gain from increased backlog and continuous success in winning new projects, combined with the benefits expected from the FAST Act, California’s SB1 transportation bill, and several large voter-approved transportation funding measures.

Social Detention Inc. expects a significant volume of prospective opportunities and bidding activities for infrastructure and security projects over the next several years. The strength of the underlying demand will likely support its long-term outlook for growth and profitability.

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