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Posts | 142358 |
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Alias Born | 09/11/2005 |
Wednesday, February 13, 2019 2:33:21 AM
We hired an experienced CFO - Jeff L. Garon. We look to Jeff to help us get to our ultimate destination: NASDAQ or NYSE.
We see significant business here in the United States. There is no need to pursue expensive and often fruitless international business.
We significantly reduced our corporate debt and expenses. As a young public company, we made some costly contractual mistakes. This resulted in our being overcharged for certain services and in some toxic business relationships. We have made the necessary corrections and are now functioning efficiently and at reduced costs while complying with all mandated SEC regulations.
Our projected Drone USA sales goals:- $500,000 in revenue 2019, Average profit margin 25%.
We intend to boost Howco sales via re-structuring, implementation of incentives and increasing our profit percentage Additional revenue of $2,400,000 in 2019 expectation is to raise blended profit margin to an average of 7.5% across the board.
These are the projected Thermaxx profits-- We expect to net $250,000 in 2019,
https://finance.yahoo.com/news/bantek-ceo-releases-letter-shareholders-133000380.html
Recent BANT News
- Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • InvestorsHub NewsWire • 06/25/2024 02:00:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 06/04/2024 04:15:06 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 05/28/2024 05:58:11 PM
- Form S-1/A - General form for registration of securities under the Securities Act of 1933: [Amend] • Edgar (US Regulatory) • 05/24/2024 04:17:19 PM
- Form SCHEDULE 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 05/20/2024 05:06:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 07:59:34 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 06:24:48 PM
- Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • InvestorsHub NewsWire • 05/08/2024 02:00:00 PM
- Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • InvestorsHub NewsWire • 05/01/2024 02:00:00 PM
- Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • InvestorsHub NewsWire • 04/25/2024 02:00:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
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