Tuesday, May 20, 2014 5:29:26 PM
"The company began operations in 2007 with angel capital investment and then financed production with working capital loans. We also utilized account receivable factoring companies that were expensive, placed limits on orders, and made it hard for us to manage our own cash flow. After reviewing several options and interviewing multiple firms, we selected Ironridge as our partner to remove those liabilities from our balance sheet so that we will be able to accept as many orders as we can produce. It was a strategic decision that was in the best long-term interests of the company."
They are now accepting as many orders as they can produce. This could mean significant revenue growth in Q3 and Q4 without even including all of the other developments ongoing.
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM