STCC has a TINY share structure with only 41M O/S shares and a FLOAT of just 5M shares! (This means that the share price could rise quickly as there are limited shares!)
Of the 41M O/S 4 (FOUR) INSIDERS OWN 34M leaving a true O/S count of ONLY 7M
STCC Chairman Angelo DeRosa said that Mercedes, BMW and Audi have all signed an agreement in with STCC to supply a specific part for all of their vehicles. This agreement was signed in in Feb 2017 but the company did not publicize this excellent news, NOW is the time to buy, as soon as news spreads of these BIG 3 automakers buying parts from STCC investors will come pouring in! (That is a lot of vehicles, estimated over 3 million parts will be sold to these major automakers over the year, that is AWESOME!!)
STCC Chairman Angelo DeRosa said 2016 revenues were a solid $5.7 MILLION
STCC Chairman Angelo DeRosa said that revenues had exploded and projected that revenues for 2017 would be anywhere from $6.5 MILLION to $9 MILLION ( Another STRONG BUY signal)
STCC Chairman Angelo DeRosa talking about how 2017 was a break out year for the Company cited one customer that has TRIPLED their orders in 2017!
STCC Chairman Angelo DeRosa said that the Company overseas exports now also included te countries of Brazil and Chile.
STCC Chairman Angelo DeRosa said that in the month of January 2017 "sales have exploded" and at times the company has run out of inventory as it tries to keep up with orders! (STRONG BUY signal!)
STCC Chairman Angelo DeRosa said that January 2017 had been the Company's 2nd BEST EVER in revenues!
STCC Chairman Angelo DeRosa said that this huge influx of orders has continued past January 2017 and that the Company now had a 3 month BACKLOG of orders! (STRONG BUY signal!)
STCC Chairman Angelo DeRosa said that the Company had open orders valued at $1 MILLION dollars they were would be working on for the next 60 days! (STRONG BUY signal, product is heavily in demand, open orders and BACKLOGGED!)
STCC Chairman Angelo DeRosa could not believe the share price was so low, he encouraged investors to buy shares and he said it should be in the 30 cent to 50 cent range based on the companies revenues and low share count! NOW THE SHARE PRICE IT IS AT BARGAIN BASEMENT prices, this won't last so hurry! (When the Chairman tells you the Company is so extremely undervalued that is another STRONG BUY signal, remember insiders know what is going on, follow the insiders when they say BUY that is a VERY GOOD INDICATOR)
STCC Chairman Angelo DeRosa said that the Company now had over 3800 accounts ranging in value from $10,000 to $100,000 each! ( STRONG BUY signal, very healthy that STCC does not rely on only one or two customers but had a broad strong customer base!)
STCC Chairman Angelo DeRosa also said that STCC was in discussions NOW to acquire a small but very profitable business in the same field and was confident that the acquisition would take place! This is part of the the Company's growth strategy (STRONG BUY signal)
Sterling Consolidated Corp. (STCC) Merger and Acquisition Strategy
STCC Chairman Angelo DeRosa also said the no-one was selling their shares, once investors bought shares they were hanging onto them as they realized the value the stock has. (Another great indicator of a very healthy company when shares are hard to come by, TO GET FILLED IN YOUR ORDERS YOU HAVE TO SLAP THE ASK! Remember there is a tiny float and this stock moves on air!)
More About Sterling Consolidated Corp (STCC) and it's wholly owned subsidiaries:
STERLING SEAL AND SUPPLY INC
Sterling Seal is a distributor of O-rings. O-rings are one of the simplest, yet most engineered, precise, and useful seal designs. They are one of the most common and important elements of hydraulic and pneumatic machines. O-rings and the other products that Sterling Seal sells are used in a wide variety of industries, including automotive, pump, transmissions, oil and energy, machinery, and packaging. These products are utilized primarily as seals to prevent leakage of liquids or a gas. Sterling offers a catalogue of standard sizes, and will take orders for special sizes not available in the standard catalogue. In order to satisfy the needs of our customers and stay competitive, Sterling Seal always maintains a wide variety of products in substantial quantities at its main warehouse in Neptune, New Jersey, as well as at its other facilities in Florida and Massachusetts.
INTEGRITY CARGO, LLC
In 2008 the SCC aggressively invested in the freight forwarding business with the startup of the Company's wholly owned subsidiary, Integrity Cargo, LLC. This relationship allows us to control costs, reduce handling and provide faster deliveries from non-domestic vendors. Integrity Cargo also handles inbound customer direct factory shipments. Entering the freight forwarding market has provided the Company with a competitive advantage as compared with other importing distributors of rubber O-Rings. By having the ability to utilize our own freight company, we are able to consolidate shipments from various sources and ship as frequently as needed which has resulted in improved efficiencies and delivery times.
ADDR Properties, LLC is a real estate holding company. The LLC owns two properties. The first is a 28,000 square foot warehouse facility in Neptune, NJ and is occupied by Sterling Seal to conduct its operations, as well as by other tenants. The second property is an investment property in Cliffwood Beach, NJ. The Company's operations outgrew the facility and four tenants currently occupy 65% of the location.
Q5 VENTURES, LLC
Q5 Ventures, LLC is the landlord for the Sterling Seal, FL division. The 5,000 square foot facility was designed and built for the Company's operations. It is currently looking for a larger facility.
NOW is the time to buy shares in Sterling Consolidated Corp. (STCC)! With revenues exploding, HUGE accounts being landed like Mercedes, BMW and Audi and the Chairman saying the stock should easily be in 30-50 cent range, with INSIDERS holding so many of the few outstanding shares and no-one is selling, this is a VALUE stock that is extremely undervalued, the share is only going to keep on rising!