United Treatment Centers, Inc. Announces Ground Breaking Revenues forFirst Two Months on Record for Sunrise Auto Mall
FT LAUDERDALE, FL, Mar 11, 2015 (Marketwired via COMTEX) --United Treatment Centers, Inc. (otc pink:UTRM) is pleased toannounce that the Company's newly acquired wholly owned subsidiary isreporting its unaudited monthly sales performance figures for thefirst two months of 2015, revealing that the dealership has generatedrecord gross sales of $863,418.00.
Steve Buckner, President of Sunrise Auto Mall stated: "We are verypleased that our dealership continues to strengthen and that we haveexceeded our expectation of generating strong numbers right out ofthe gate. We have developed a highly scalable business model, makingexponential growth similar to the Carmax model, a highly reasonablegoal. Our focus is to effectively replicate our business model innumerous locations, by establishing a proven configuration that canbe rolled out, location after location, yielding strong profitabilityto the Company. It is evident that our corporate strategy is beingvery well received by our customers thus far, as reflected in thenumbers."
In February 2015, the Group recorded robust monthly revenues of$457,944.00; up 13% from the month before. For the first two monthsof 2015, the Group recorded combined revenues of $863,418.00; anincrease of 18% from the previous two month period and anticipatesthat the operation will continue trending in this range, putting theCompany in position to conclude the quarter with over $1,320,000 inreportable revenues.
Mr. Buckner continued: "We believe that, at our present market cap,UTRM is dramatically undervalued. Evidently, the investing communityhas not yet begun to respond to the revenues of Sunrise Auto Mall.Understandably, rebuilding will be a process, whereas previously theCompany has been struggling to increase shareholder value. Weanticipate that as financials begin to reveal what is now part of thecorporate structure, and our dramatic growth potential, the Companyshould realize a P/E ratio in excess of other companies in oursector. Carmax for example has a P/E of 26, I believe we should besubstantially higher based on our position in the market.
He concluded: "Our plan is also to create an environment oftransparency, where our investors can be updated frequently on theprogress of our Companies. Advancements are being made in our otherwholly owned subsidiary, Potnetwork Inc. as well. We have a lot ofwork to do and we are committed to establishing Potnetwork Inc. to bethe leading news source for everything marijuana. I will continue tokeep our shareholders informed as these developments unfold over thenext few days. I want to thank all our loyal shareholders for theirpatience and support as we re-establish the Company, we intend tokeep all fully informed as we move forward."
The Company recently announced that it is making an entrance into thelucrative subprime automobile financing industry with the acquisitionof Sunrise Auto Mall, a first-rate pre-owned auto dealership, whichwill operate as a wholly owned subsidiary of United TreatmentCenters, bringing a valuable revenue stream into the Company.
Sunrise Auto Mall, Inc., was launched in June of 2014 as an operationgeared toward enabling people challenged with bad or no credit insecuring quality transportation while simultaneously rebuilding theclient's credit. The company has developed a highly profitablebusiness model around the continually rising subprime lendingindustry.
About Steve Buckner: Steven Buckner is a seasoned veteran having along tenure of experience in all aspects of the automotive Industryincluding new and used cars since 1985. He has served as SalesExecutive and Sales Manager, Finance Manager, General Sales Manager,and ultimately owning his own dealership. He was on the forefront ofthe special finance market, as he set up special finance departmentsin new car dealerships as the industry grew.
About United Treatment Centers, Inc.: United Treatment Centers, Inc.is a publically traded Company with two wholly owned subsidiaries,PotNetwork and Sunrise Auto Mall. PotNetwork is positioned to be thepremier worldwide news and content provider for the Cannabisindustry, and is developing into a 24/7 network. The network plans toachieve global reach by utilizing streaming video broadcastingtechnologies. Sunrise Auto Mall, Inc. is a first-rate pre-owned autodealership, launched in June of 2014, as an operation geared towardenabling people challenged with bad or no credit in securing qualitytransportation while simultaneously rebuilding the client's credit.The company has developed a highly profitable business model aroundthe continually rising subprime lending industry.
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