BITCOIN / BLOCKCHAIN/ CRYPTO CURRENCIES

[MoneyMan]

STCC still planning on giving crypto dividend to shareholders. Developing their own and giving as dividend this year.

Sterling Consolidated Reports Robust Annual Revenue Growth and Positive Adjusted EBITDA


NEPTUNE, N.J., April 18, 2018

NEPTUNE, N.J., April 18, 2018 /PRNewswire/ -- Sterling Consolidated Corp. (OTCQB: STCC), a supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace, reported its results for the year ended December 31, 2017.


Key Highlights for Fiscal 2017:

Annual revenues increased to $6.453 million, up 12.4% from 2016

2017 Adjusted EBITDA* increased to $370,066 up 79% from 2016

Darren DeRosa, Chief Executive Officer of Sterling Consolidated, commented, "The results of operations demonstrate a strong year for both the Company and the Sealing industry. Our core business has stabilized which enables us to focus on our ongoing strategic plan to introduce Blockchain technology to the O-ring industry."

To be added to the Sterling Consolidated investor email list, please email Scott Chichester at [e-mail]

About Sterling Consolidated Corp.

Currently serving more than 3,000 customers, Sterling Consolidated Corp., through its wholly-owned subsidiary, Sterling Seal and Supply Inc., has been a leading supplier of hydraulic and pneumatic seals to the automotive and industrial marketplace for more than 45 years. They have recently developed their own cryptocurrency, "DiMO" which will be distributed in December of 2018 in a previously declared property dividend and is part of the Company's strategic plan to bring Blockchain to the O-ring industry.


10k for 2017 released. $6.45m in Annual Revenue, zero dilution in at least 4 years.
https://backend.otcmarkets.com/otcapi/company/sec-filings/12688836/content/html