InvestorsHub Logo
Followers 15
Posts 2439
Boards Moderated 0
Alias Born 04/06/2009

Re: packerfanbud post# 29639

Saturday, 08/20/2011 12:14:31 AM

Saturday, August 20, 2011 12:14:31 AM

Post# of 38410
"Our financial objective is to have a market capitalization over $250 Million within 12 months and through a systematically and carefully planned growth program, reach a goal of $500 Million
or more within three years.

Over that period, we would like to see gross margins improving while keeping selling, general and administrative costs to a minimum and maintaining a strong balance sheet.

Our initial goal of 250 Million can be accomplished by developing our existing asset base while our three year plan will require a selective acquisition program.

During the next 12 months, the Company plans on making two to four acquisitions in the $5 million to $20 million range. It is difficult to predict exact values of properties being acquired but it is estimated with these acquisitions, the Company will reach $250 million market capitalization following the acquisitions."