Marmion Industries Corp. Announces Gross Commercial Contracts for 2006 Up 300%
By Market Wire Last Update: 7/14/2006 7:31:41 AM Data provided by
HOUSTON, TX, Jul 14, 2006 (MARKET WIRE via COMTEX) -- Marmion Industries Corp. (MMIO) (FRANKFURT: M6IA) announced today that commercial contracts executed in the first six months of for 2006 has exceeded those executed during the first six months of 2005 by 300 percent on a gross basis of revenues potentially realized upon successful completion of such contracts. "By completing these contracts successfully we stand to realize a increased revenue from last year. On our present course we are implementing our business strategy successfully," said W.H.Marmion III, CEO. "We are constantly looking for new ways to improve our ability to bring products and services to market. We are quite pleased with our current progress and are looking forward to continued growth."
Marmion Industries Corp. (http://www.marmionair.com) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment are located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, as well as the Louisiana State Licensing Board of Contractors (Lic. No. 44001) as a contractor in the field of Commercial Heatihng Ventilation and Air Conditions and Sheetmetal. The Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results.
But here's what hapened today. Volume at the start of the day and closed strongly. ARCA sitting on bid almost the entire day with Bid sizes between 300 and 500.
O/S is only 13 million. Float maybe even lower. Sales up 300%. The stock was at its bottom before today's news. Hence it went up 60%.
Comapny has been steadily announcing new contracts in Texas. Good growth story. This has a potential to go up more. I am holding for a bigger gain. Please do your DD before you invest.
-------------------- JMHO. Do your DD. GLTA.
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Stories like this make me wonder where volume is coming in from. Apparently allstocks.com isn't the only place where people get their plays from. I want to know how/where the people that ran it 60% knew about it and came from. Matt
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p'juan...I monitor 4 boards for tips - ihub, ragingbull and hsm with my allstocks. Look out for the pumpers and bashers and make your decision. But I love allstocks as aia learnt a lot from this board. Especially watching and learning from j_u_ice, matto, superman, prdponce etc.
GLTY in your trades.
-------------------- JMHO. Do your DD. GLTA.
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HOUSTON, Sept 07, 2006 Marmion Industries Corp (OTC Bulletin Board: MMIO) (Frankfurt M6IA.F) announced today the signing of a Subcontract on July 28, 2006 for the gross sum of $998,250.00 for the demolition, renovation and replacement of the mechanical equipment and duct work on a Houston, Texas Public School. The work is scheduled to start on September 21, 2006 and should be completed within the next twelve months. "This agreement marks the continued expansion of Marmion Industries Commercial Division and is evidence that we are making tremendous progress in bringing our products and services to the customers that need them. These customers include Texas Public School Districts and the State of Texas," said W.H. Marmion, president of Marmion Industries Corp. "We are highly pleased with our rate of growth in this market."
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HOUSTON, Sept. 15 Marmion Industries Corp (OTC Bulletin Board: MMIO - News; Frankfurt M6IA.F) announced today the substantial completion of three of four schools in Bid Package #13 for the Pasedena Independent School District. "This completion of current work is very important and at the current pace we currently expect to be finished with this project by the end of November, marking the continued expansion of Marmion Industries commercial division. We are making tremendous progress in bringing our products and services to the customers that need them. These customers include Texas Public School Districts and the State of Texas," said W.H. Marmion, president of Marmion Industries Corp. "We are highly pleased with our rate of growth in this market." ADVERTISEMENT
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Marmion Industries Corp Announces Subcontract for Almost 1 Million Dollars for Public School Project Tuesday September 19, 2:00 am ET
HOUSTON, Sept. 19 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO - News; Frankfurt M6IA.F) announced today the signing of a Subcontract on July 28th, 2006 for the gross sum of $998,250.00 for the demolition, renovation and replacement of the mechanical equipment and duct work on a Houston, Texas Public School. The work is scheduled to start on the September 21, of 2006 and should be completed within the next twelve months. "This agreement marks the continued expansion of Marmion Industries Commercial Division and is evidence that we are making tremendous progress in bringing our products and services to the customers that need them. These customers include Texas Public School Districts and the State of Texas," said W.H. Marmion, president of Marmion Industries Corp. "We are highly pleased with our rate of growth in this market."
ADVERTISEMENT Marmion Industries Corp (http://www.marmionair.com ) is a specialty company that manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers. The explosion-proof market encompasses industries including oil and gas exploration and production, chemical plants, graineries and fuel storage depots. Additionally there is significant demand for these systems anywhere sensitive computer systems and analyzation equipment is located. Recognized by the Texas Dept. of Licensing and Regulation (TACLA019367C) as a contractor in the field of Heating Ventilation and Air Conditioning, as well as the Louisiana State Licensing Board of Contractors (Lic. No. 44001) as a contractor in the field of Commercial Heating Ventilation and Air Conditions and Sheetmetal. The Company commenced residential and commercial HVAC service operation in Texas in 1998 and has since provided specialty service to Fortune 500 clientele. Contact number 713-466-6585. This is a re-release of information previously disseminated.
Safe Harbor for Forward-Looking Statements: Except for historical information contained herein the statements in this news release are forward- looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company\'s actual results in the future periods to differ materially from forecasted results.
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