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Re: 1center post# 472

Friday, 08/12/2016 11:30:20 AM

Friday, August 12, 2016 11:30:20 AM

Post# of 504
$SMID..$3.10..So nice to see the offer being bought....

8k letter from 7/14/16
The associates of the Company worked hard in 2015 to realize the $1.0 million dollar profit for the year; however, we will have to work even harder in 2016 to duplicate the same level of profit. 2016 started out slow in the first quarter with a small loss, however, the second quarter has begun to pick up and should result in a profitable quarter and a profitable six month period ending June 30, 2016. We have added some profitable contracts for 2016 that should see us through the year and into 2017. In addition, we have made some good advances in our production processes through lean manufacturing that have helped us reduce our labor cost and become more efficient. We will continue to update our production and office processes to make the Company more efficient, quality driven and safety conscious. These goals should add value to the Company and let our customers feel more confident in our pricing and quality commitments.
/s/ Rodney I. Smith
Rodney I. Smith
Chairman of the Board and
Chief Executive Officer

EXHIBIT 99.1
http://yahoo.brand.edgar-online.com/DisplayFiling.aspx?TabIndex=2&dcn=0000924719-16-000059&nav=1&src=Yahoo

http://finance.yahoo.com/q?s=SMID

http://smithmidland.com/

1c

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