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Tuesday, July 01, 2008 3:15:30 PM
This is a good net income for this company with new products.
This will be way more in short term.
Give us the o/s now $
Paradigm Tactical Products Issues Financial Guidance for 2008
Jul 1, 2008 9:54:00 AM
Copyright Business Wire 2008
GEORGETOWN, Mass.--(BUSINESS WIRE)--
Paradigm Tactical Products Inc. (Other OTC:PDGT.PK - News), a leading provider of detection technology and homeland security solutions to the military as well as to the corrections, law enforcement and security industry has completed its financial projections for 2008.
We believe, based on completed sales and anticipated orders, that the company will have a net income of approximately $200,000 for the fiscal year ending December 31st, 2008.
Vincent Cammarata elaborated on this projection, "I am pleased to be able to report that, based on completed sales and anticipated orders, the company will be able to post a profitable year. We have overcome significant obstacles to emerge as an international participant in detector technology." Cammarata added, "We are hopeful and confident that beyond 2008 we will continue to be increasingly profitable adding substantial shareholder value."
The company is finalizing and reconciling its outstanding shares and will be publishing the completed total in the next few days.
---Supergarvis--
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