The most generous thing would be to put this company out of it’s misery. Shut it down.
This has been a bust so far.
Keller $KMFI posts purchase agreement for Qwik Pack & Ship Wake Forest store.
North Carolina Secretary of State corporation search
(Qwik Pack & Ship #100 LLC)
Contact numbers for Keller...
Steve Contestavoe: 919-569-0072
Qwik Pack & Ship Wake Forest
Titiana Frederic: 828-994-4706 x1
Douglas Rink: 828-994-4706
Starting to look much better now.
Can they get to $1mil in revenue by the end of the year?
We shall see.
Keller Manufacturing Co. Inc. Announces Subsidiary TA Logistics Enters Small Parcel Supply Chain Industry with its purchase of QPS in Wake Forest, North Carolina
Fri, October 22, 2021, 11:55 AM·3 min read
LOUISVILLE, KY / ACCESSWIRE / October 22, 2021 / Keller Manufacturing Co. Inc. (OTC PINK:KMFI) announced that its subsidiary TA Logistics, Inc., a freight brokerage business, purchased QPS of Wake Forest North Carolina on Friday, October 15th 2021 deepening its commitment to the logistics industry.
"QPS of Wake Forest has been a community resource for over 20-years in this part of North Carolina and I'm excited to bring the small parcel supply chain business into the fold of the larger freight business we currently serve." -Doug Rink, CEO of Keller and President of TA Logistics, Inc. said.
"We currently serve some of the same carriers like DHL Global and now DHL Express, along with others including UPS (ticker symbol: UPS) and FedEx (ticker symbol: FDX). We plan to "cross fertilize" our freight forwarding knowledge while simultaneously growing the small parcel business that QPS brings us to continue to grow our band, the sky's the limit..!"- Rink goes on to say.
Professionals in the transaction were: Neal Isaacs, MBA, CM&AP Managing Partner of VR Business Brokers of Raleigh and Peter A. Hanna of Hopler, Wilms, & Hanna, PLLC of Durham, North Carolina.
About QPS of Wake Forest
QPS of Wake Forest has long history of serving the Wake Forest, North Carolina market and increasing sales every year, this location has been served carriers like UPS, Federal Express, DHL Express and United State Postal Service for over two decades. (919) 569-0072
Keller Corp ( $KMFI ) 2021 Q3 Financials
I have previously texted Douglas Rink (CEO) and he said that they are attempting to get rid of the older debt in an equitable way.
It will be interesting to see what happens next. Keller is just one more quarterly release from one full year of on-time fins. I take this as they have plans for Keller going forward.
Looking great going forward $KMFI
I was just about to post the exact same thing.
Beat me to it!
OTC Markets change to "Limited Information" will be changed back to "Pink Current Information" shortly.
The CEO advised me (via text, after I asked a question about the OTC Markets status) that it was due to an error with the Q2 filing and not because of any actual change of status with the company.
Looking forward to Q3 financials!
Keller Manufacturing Co., Inc. subsidiary TA Logistics, Inc.
Enters Into Agreement for Purchase of Retail Shipping
Location in Coastal North Carolina Market
Keller Manufacturing Co. Inc. Announces Results for
Quarter Ending June 30th, 2021
Louisville, Kentucky/OTC Markets/—Keller Manufacturing Co. Inc. (OTC: KMFI) announced
financial results for the 2nd Quarter ending June 30th, 2021 compared to 1st Quarter 2021.
Financial highlights for the quarters respectively were:
Revenues totaled $212,144 decreasing 17.5 % from 257,232
Gross Profit Margin was 5.7% from 11.5%, respectively
Net Operating Income was $-38,839 from a profit of $3,588
Detailed financial statements can be found on OTC Markets website under the ticker symbol: KMFI.
Keller Corp ( $KMFI ) Q2 2021 financials out
There is going to be a shareholder meeting and conference call very soon so we can know the true direction of Keller Corp (name change soon) and what the future holds for it.
I love that the outstanding shares are unchanged at 6.7 million. However, would like to see some more growth quarter over quarter.
In a manner of speaking, yes.
It looks like they acquired a transportation brokerage service and a company name with established customers that they are going to retain.
MC #512309 (Already updated to TA EXPEDITED SE LLC)
I agree with you and the CEO, this is small potatoes and doesn't seem very material to what a shipping company is expected to do. The financials should be out next week so we shall see if they have expanded the company in Q2.
$KMFI / Q2 fins soon / Purchase agreement / Conference call
Looks like we could get some surprises in a few days from Keller!
Keller Manufacturing ( $KMFI ) / 2nd quarter financials coming out next week / Letter to shareholders / Purchase agreement / Upcoming shareholders conference call and meeting
that's a good idea that I have done in the past. Need to get another one soon as rainy season is here. Heavy lightening for extended perion last night. Electricity went out for a couple of hours.
I always try to have my computer surge protectors plugged into another surge protector just in case I am not around to shut them off during a storm. :)
ok thanks, that shouldn't be too long then. Looking forward to learning more about the company. I like their history thus far. Got to shut this computer down... lightening hitting too close for comfort!!
I think the larger business picture will be a little bit more clear once the Q2 financials are released.
Honestly, I am a little excited to see what they can do.
A real company! Will have to investigate this further.
It will be interesting to see what the revenue is when they post the financials for the 2nd quarter. If the revenue has grown or is at least steady it would mean they could possibly end up with over 1 million in revenue for the year (assuming the final two quarters are the same as the first two).
One million in revenue would be an interesting development for any Pinksheets company with a small share structure. It would also probably free up more financial options to help them grow going forward.
I was able to contact Douglas Rink before via text and he said that the current website is simply a placeholder (designed by him, usually not a website builder) and will be replaced in the near future and be used as the regular main company website. He also said that each of the affiliates is going to their own functional website and they will be used for tracking cargo etc by customers.
I agree with ditching the old company text info in the PRs and replacing it with something more current and forward-thinking. It would also most be better if nothing was there at all for the footer instead of having it cause people to wonder if the company still had any of the old business models.
The PR might have been boring but it has some useful info in it and is kind of unusual in Pinksheets land by not over-promising something that will most assuredly be under-delivered in the future. Example: Posting the promissory note with the account number and loan officer's number is not usually done by Pinksheets CEOs.
This company could be very boring for a good amount of months but is still so enticing to me due to the low share structure and possibilities of scoring a big bagger in the future.
I think Doug deserves the benefit of the doubt until he doesn't.
Gonna hodl what I have for a good while but not add any more.
Horrible recent press release. It implies they still have 22 trucks and operate a door company. Website looks like they are in the shipping container business. I remember when they were winding down their operation. Is rink the real deal?
That share structure is what attracted me to Keller in the first place.
Might be one of the better looking ones on Pinksheets.
Great Looking Share Structure
$KMFI SECURITY DETAILS
Market Cap Market Cap
Held at DTC
You are most welcome and I hope the new CEO can take this stock to the moon!
Full disclosure... I am just a shareholder and not the CEO :)
$KMFI - Keller Corp Announces $257k in Rev Q1 2021
$257K in revenue for Q1 2021!
Waiting to be Pinksheets Current very soon.
Louisville, Kentucky/OTC Markets/-- Keller Manufacturing Co. Inc. (OTC: KMFI) announced financial results for the quarter ending March 31st
. 2021 compared to the same quarter 2020. Financial highlights for the quarters respectively were: Revenues totaled $257,232 increasing 100% from $0 Gross Profit Margin was 11.5% from 0%, respectively Net Operating Income was $3,588 from a loss of $12,165 Detailed financial statements can be found on the OTC Markets web site under ticker symbol:
About Keller Manufacturing Co. Inc.
The Company's history dates back to 1866 when the Keller Store in Corydon, Indiana was established. From that time, the operation entered into various businesses, including running an electric light plant, manufacturing spokes for farm wagons, operation in a hub-mill, farm wagon production, building barns, producing wooden porch furniture, wooden truck bodies, and refrigerator boxes, as well as making end tables, magazine racks, chair parts, and Trucking. The Company was incorporated in 1906 under the laws of the State of Indiana and two subsidiaries in North Carolina and South Carolina.
The press release is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy shares of Keller in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction, and the distribution of this communication in jurisdictions may be similarly restricted. The matters discussed herein may also be affected by risk and uncertainties described from time to time in Keller Manufacturing Co., Inc's filings with the OTC Markets News Service. The company assumes no obligation to update any forward-looking statement.
SOURCE: KELLER MANUFACTURING CO. INC.
Keller Corp Website ( Temporary company website)
Keller Manufacturing Co. Inc.
Executive Summary 4/19/2021
Keller Manufacturing Co., Inc. has retained Frost, Brown, Todd, LLC. in Louisville, KY as tax advisors assisting in its use of future tax loss carryforwards (NOL’s) and how this will apply to any future use of NOL’s in any business combinations or mergers if any.