Here is CEO statement RE*APBH* Release today of recent revenues.
Company Posts Third Quarter Earnings Before Depreciation and Stock Expense; Revenues For Nine Months Increase by Nearly 250 Percent from Same Period Last Year; Company Reports Positive Cash Flow for Quarter and Nine-Month Period
"Our recent financial results are a validation of our business model," said George Lovato, Jr., Americana Publishing, Inc. chairman and chief executive officer. "The upward trend in sales reflects the growth and popularity of the audio book category and the excellent response to our ever- expanding list of titles. Every indication points to continued increased demand.
"Everyone at Americana Publishing is on a mission," Lovato said. "Our goal is to increase sales and diversify revenues and at the same time cut costs and increase efficiencies in all aspects of our business."