GFRE is not a struggling small cap still trying to establish itself. GFRE is a firmly planted profitable company looking to grow itself in a proven industry.
GFRE's strong financial standing, competitive advantage, and market potential make it one of the most incredible growth opportunities around.
GFRE anticipates revenues for 2007 to be approximately $54 Million, an increase of over 200% from the $17.8 Million reported in 2006.
Net income is expected to increase approximately 980% to at least $13 Million from the $1.2 Million reported in 2006.
With approximately $33.3 Million in assets and only $10.2 Million in liabilities, GFRE is on firm financial footing.
Bromine is a non-renewable resource, only found in large quantities in four countries: the United States, Israel, Jordan and China.
Bromine exploitation and extraction costs are very high in the US, whereas costs are relatively low in China because of high bromine concentration and geographically easy exploitation of bromine wells.
There are only five other companies in China licensed by the government for bromine exploration, production and distribution. Everyone else is barred from capitalizing on this high demand market!
GFRE produces bromine using the most economical method available. After producing bromine, excess liquids are reused in order to create other raw materials, such as: crude salt, chlorine, coal, sulfur and hydrochloric acid.
30% of the current GFRE team are senior technical workers who have a wealth of experience in the industry and have developed 30 kinds of chemical products to date.
GFRE has already acquired three bromine producers, and is aggressively pursuing vertical growth through complementary acquisitions. Coupled with sustained organic growth, GFRE could exponentially grow its bromine production capability in the short time to come!
According to Freedonia Consulting, the market size of oil chemicals will grow to $9.2 Billion in 2010, this number may be even greater given the current trend of oil prices. GFRE is poised to take a huge chunk of this market!
We strongly urge you to keep a close eye on GFRE. It is one of the few growth stories that can overcome this recent downturn in the overall market!!!
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