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Saturday, April 18, 2020 3:58:38 AM
Dear Mr.xxxxxxxx
We are having a beautiful day here in Tucson with the weather being nearly perfect. A balmy day and no rain. This is good for our crews because they can work on the roofs of our customers without interference from the rain.
Business is purring along as usual and our sales are increasing daily. Our large commercial work is slower coming in but we have nearly $1 million backlog of work to be completed. This is good for our staff because there are so many layoff in the business closings worldwide. We feel we are blessed by having work to do.
Our audits have been delayed by the extensions on the filing deadlines but that is not a problem. We will soon have the reports done and filed with the SEC. However, we did finish the year with $2,627,000 in sales and profits from operations before interest and other charges. This is a great accomplishment.
Some of our new sales programs are working and we expect sales to climb after the virus threat subsides. This should be very soon and then everything will be normal again. The government bailout would have helped small businesses like ours, but we shall prevail without it and things will be great again.
I think this year will be a record year and we will have good growth for the future.
Thank you for your interest.
Best Regards,
David Shorey
ABCO Energy, Inc.
2100 N. Wilmot Road, Suite 211
Tucson, AZ 85712
Office: 520-777-0511
Fax: 520-620-5574
They call me Lazarous!
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