Global Diversified Industries, Inc. in Guidance to Shareholders Projects Revenues for Fiscal Year to Top $9.5 Million; Close to 150 Percent Increase PR Newswire - July 25, 2005 05:00
CHOWCHILLA, Calif., July 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI), focused on the modular building industry with emphasis on the education market, today provided guidance for its shareholders for the fiscal year ended April 30, 2005, reporting that revenues will top $9.5 million, an approximate 150 percent increase compared to revenues of $3.8 million in the previous fiscal year.
"While the audit of the fiscal year performance is not yet completed, and filing of our results with the Securities and Exchange Commission will follow the audit, we do believe the fiscal year was profitable, a major accomplishment for a Company as young as ours," said Phil Hamilton, CEO. "The Company also recently shared with its stockholders information about our updated web site at http://www.gdvi.net and soon we will send shareholders marketing literature about our products, to show the breadth and quality of what we are making available to the education and other markets. We are very pleased by the achievements of the fiscal year, but we believe it will be dwarfed by our future accomplishments."