News Focus
News Focus
Followers 69
Posts 8272
Boards Moderated 0
Alias Born 05/09/2003

Re: Grande25 post# 27390

Wednesday, 10/22/2008 9:49:09 AM

Wednesday, October 22, 2008 9:49:09 AM

Post# of 68510
PDGT "net income of approximately $200,000"

- This is what was reported in the past by the company in a PR

Net income
From Wikipedia, the free encyclopedia
Jump to: navigation, search
"Bottom line" redirects here. For other uses, see Bottom line (disambiguation).
Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. Net income can be distributed among holders of common stock as a dividend or held by the firm as retained earnings. Net income is an accounting term; in some countries (such as the UK) profit is the usual term[citation needed]. Often, the term income is substituted for net income, yet this is not preferred due to the possible ambiguity.

The items deducted will typically include tax expense, financing expense (interest expense), and minority interest. Likewise, preferred stock dividends will be subtracted too, though they are not an expense. For a merchandising company, subtracted costs may be the cost of goods sold, sales discounts, and sales returns and allowances. For a product company advertising, manufacturing, and design and development costs are included.

Net income is informally called the bottom line because it is typically found on the last line of a company's income statement. (A related term is top line, meaning revenue, which forms the first line of the account statement.)

An equation for net income in merchandising:

Net income or Net loss =
Revenue – Cost of goods sold – Sales discounts – Sales returns and allowances – Expenses – Minority interest – Preferred stock dividends

http://ih.advfn.com/p.php?pid=nmona&cb=1224683031&article=27137493&symbol=NO%5EPDGT


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.

About Paradigm Tactical Products Paradigm Tactical, based in Georgetown, Massachusetts, is a leading provider of detection technology and homeland security solutions to the military as well as corrections, law enforcement and security industry. The Company owns rights to license, manufacture, market, and sell all of its devices. As the heightened attentiveness to terrorist and other security threats continue to increase, Paradigm Tactical is meeting the higher demand for security and inspection systems. The Company has sold products to numerous Federal, State, and local institutions.

For more information: http://www.GlobalDetector.com Safe Harbor Statement from Paradigm Tactical Products, Inc.: Statements in this press release concerning the Company's business outlook or future economic performance, anticipated profitability, revenues, expenses or other financial items, and network or service offering growth, together with other statements that are not historical facts, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Any forward-looking statements are estimates, reflecting the best judgment of the party making such statements based upon currently available information and involve a number of risks and uncertainties, including the timing of any expansion of the Company's database, and other factors which could cause actual results to differ materially from those stated in such statements. Risks, uncertainties and factors which could affect the accuracy of such forward-looking statements are identified in the public filings made by the Company with the Securities and Exchange Commission, and forward-looking statements contained in this press release or in other public statements of the Company should be considered in light of those factors.




ALL POST ARE IMO - AT THE TIME OF POSTING
Do your own DD.

News/ Info is always changing -
What is New is Old real fast

GL
Pennypicks

ALL POST ARE IMO - AT THE TIME OF POSTING
Do your own DD.

News/ Info is always changing -
What is New is Old real fast

GL
Pennypicks

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y