2005-01-06 06:00:14
Pediatric Prosthetics Incorporated Delighted to Report Record Revenue Generation For The Month of December 2004 --------------------------------------------------------------------------------
Business Editors / Health/Medical Writers
HOUSTON--(BUSINESS WIRE)--Jan. 6, 2005--
Pediatric Prosthetics, Inc.'s (OTC:PDPR) CEO, Linda
Putback-Bean, issued the following statement today.
"We are very pleased to report that we have invoiced over
$130,000.00 during the course of the month just ended, but in
addition, we generated 'pending-authorizations' for an additional
(approximately) $73,000 net of our projected components cost. We have
watched our Company's revenue stream accelerate nicely all through the
4th quarter of the year, but to see the historically slowest month of
the year for our industry become our best month yet, is truly
gratifying."
Following up on her thoughts, Kenneth Bean, Vice President of
Operations, observed, "For those among our share-owners who have taken
the time to analyze our business model, the trend we are seeing in
these days bodes very well for both the short and long term future.
They understand that the beauty of that model comes into focus when
one realizes that beginning in March/April of 2005, we begin the
annual re-fitting cycle for all these little patients we fitted this
past year, compounded by the generation of new patients we identify
day-to-day and month-to-month."
When asked about exponential growth, Bean demurred, "Well, perhaps
geometric growth over time. We will do our best to keep in touch with
every young family that contacts us with an inquiry. We believe, over
time, that we can earn the majority of that business. We will continue
to expand our advertising and publicity budgets with internal cash
flow, and within the year plan on expanding our affiliate-partner base
to take any geographic limitations out of the equation."
Statements made in this press release are forward-looking
statements. Investors are cautioned that forward-looking statements
are uncertain. Actual performance and results may differ materially
from that projected or suggested due to certain risks and
uncertainties, including, without limitation, risks associated with
operations, availability of capital on a reasonable term and the
effects of government regulations and operations risks. The
forward-looking statements contained herein reflect the Company's
judgment as of the date of this release, and the Company cautions
readers not to place undue reliance on these statements.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Pediatric Prosthetics, Inc.
CONTACT INFORMATION:
Pediatric Prosthetics, Inc.
Kenneth Bean, 866-582-0966 (toll free)
or www.kidscanplay.com
2005-01-04 06:00:17
Pediatric Prosthetics Inc. Releases Stock Structure as of January 3, 2005
--------------------------------------------------------------------------------
Business Editors / Health Writers
HOUSTON--(BUSINESS WIRE)--Jan. 4, 2005--
Pediatric Prosthetics, Incorporated, (OTC:PDPR) Vice
President of Operations, Kenneth Bean, stated, "As of this date, the
following is an accounting of the corporation's capitalization."
"Pediatric Prosthetics Inc. (PDPR) is authorized 100,000,000
common shares, of which PDPR has issued and has outstanding a total of
84,253,462 shares.
Of those, approximately 58.9% or 49,635,251 shares are held by the
employees of Pediatric Prosthetics, Inc., all fully restricted with
"lock-up" provisions.
"There are another 9,769,045 restricted shares outstanding, fully
one-half of which are in the hands of non-affiliates involved with the
former corporate entity.
"That means there are 24,849,166 unrestricted shares, including
22,044,660 shares in "street-name," that are outstanding shares and
should be considered in the public float. This represents 29.5% of the
total Company. However, at least one third of these shares are in the
hands of stock-owners who have invested in Pediatric Prosthetics
Incorporated for the long term, and who anticipate seeing PDPR's share
value at a dollar in 2005, and perhaps four dollars in three years,
based upon fundamental performance by the company."
When pressed to elaborate, Bean stated, "We are aware of market
conditions that can cause volatility, and realize it can be
disconcerting to some who monitor our stock on a very close basis. We
know there are short sellers who make a living betting against young
companies, hoping to see them fail so that they can benefit from this
type of negative investment strategy.
PDPR is, at the moment, a non-reporting issuer and, as such, does
not yet file with the Securities & Exchange Commission. Short sellers
should perhaps take notice that this is a temporary reality, and that
very soon, simple growth fundamentals will dictate a move to full
reporting compliance."
Regarding PDPR's operational outlook, CEO Linda Putback-Bean
commented, "We will be focusing upon finding and fitting children with
prosthetics they can use to run and play with their friends. If we do
our job right, there are a hundred million dollars to be spent this
year and we just have to find those kids and their families and do it
right. Most of those families have accepted the fact that they are
going to spend 4 to 6 weeks EVERY year getting their child fitted
properly. We do the job in 3 to 5 days at the same cost -- wherever
they may live."
Statements made in this press release are forward-looking
statements. Investors are cautioned that forward-looking statements
are uncertain. Actual performance and results may differ materially
from that projected or suggested due to certain risks and
uncertainties, including, without limitation, risks associated with
operations, availability of capital on a reasonable term and the
effects of government regulations and operations risks. The
forward-looking statements contained herein reflect the Company's
judgment as of the date of this release, and the Company cautions
readers not to place undue reliance on these statements.
KEYWORD: NORTH AMERICA TEXAS UNITED STATES
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES PROFESSIONAL SERVICES FINANCE
SOURCE: Pediatric Prosthetics, Incorporated
CONTACT INFORMATION:
Pediatric Prosthetics Inc.
Kenneth Bean, 866-582-0966
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