ADMQ .11 is a new one that has a low float, and has had some good news lately. This was the latest PR from Monday:
ADM Endeavors, Inc. (ADMQ) Enters Into Agreement to Expand Production Facilities
9:00 am ET June 8, 2020 (Globe Newswire) Print
via NEWMEDIAWIRE - ADM Endeavors, Inc. (OTCQB: ADMQ) announced today that the Company has entered into an agreement with M&M DFW Real Estate, Inc., to expand its production facilities in size by more than 280% of the current facility size.
ADM Endeavors, Inc. CEO, Marc Johnson, is excited to announce that the Company is under contract to build a new 70,000 square foot production facility on 10.4 acres of land in Fort Worth, Texas. The Company, currently located in Haltom City, operates in a space of 18,000 square feet. Mr. Johnson added that dependent on the City of Fort Worth permitting timelines, we anticipate beginning construction by August 2020, with a projected completion in the first quarter of 2021. The added production capability will benefit both our customers and our shareholders.
Just Right Products has been consistently profitable since its formation in 2010, with sales topping $3.8 million in 2019, with a net profit of over $0.27 million. The Company sells "Anything With A Logo" on its website, JustRightProducts.com, developing products ranging from unique business cards to coffee cups with tens of thousands of other unique products for customers to select from. To meet its customer needs, Just Right Products has implemented state of the art in house production that is supplemented with factory direct international sourcing. Just Right Products has maximized its work area by offering on-site traditional brick and mortar retail within its manufacturing facility. This allows the most efficient use of labor with all employees cross-trained for retail and production work.
Mr. Johnson added: "We are striving to achieve the optimum share price that reflects the fundamental value of the Company, provide financial information to investors, both retail and institutional, in a timely and accurate way, observe the rules of the SEC though non-aggressive awareness promotions and build receptive capital markets for future financing at favorable terms."
ABOUT ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has operated a diverse vertical integrated business in the Dallas/Fort Worth area, which consists of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms. The Retail Sales Division focuses on any product with a logo. It sells a very wide range of products from business cards to coffee cups. Our motto is "We Sell Anything With A Logo!" Just Right Products' salespeople excel because they are selling the items people like to buy. The Screen Printing Department utilizes its five screen printing machines to print garments and can produce more than 8,000 units per day. The Embroidery equipment has 51 heads of embroidery capacity. The Digital Department and all the other departments have significant growth potential. The Import Department sources products for retail and wholesale customers. ADM Endeavors has employees fluent in Chinese, Spanish, and Arabic thereby affording significant opportunities to interact directly with multiple product sources internationally. The Uniform Division sells uniforms to businesses and schools, with the advantage of in-house production and international sourcing.
