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Author Topic: mmio.ob
money 76
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what a day for mmio . went up over 100%

with 2900% volume increase . this co: will touch 0.08 soon .

glta

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Average Joe
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caught that yesterday morning pre-market on O T C R E P O R T E R . C O M .... they're running it again today. Could be good for a morning pop .... imho

--------------------
" Cash is King "

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FrankNitti
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I'll play [Wink]

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Average Joe
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big run up yesterday though, be careful !!

--------------------
" Cash is King "

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FrankNitti
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Coming back up...got in at .018....cmon now....MOOOOOOVE!!!!! [Wink]

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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Coming up slooooowwwwwwlllllllyyyyyyy.....

[Wink]

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Average Joe
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News out this morning !!!

MMIO ( .02 )

Marmion Industries Announces Land Purchase and Plans to Break Ground on New Facility

Thursday , September 27, 2007 06:00ET

HOUSTON, Sept. 27 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO), (the "Company") -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced the purchase of 2.75 acres of land in Houston, Texas, along with its plan to construct a new 126' X 250' multi-use facility.

The new plant will allow Marmion Industries to increase production levels in order to meet growing demand for its state-of-the-art equipment. Marmion's new facility, which is located approximately one-mile from its current headquarters, will also house the company's international sales office and act as its main base of operations.

Commenting on today's news, CEO W.H. Marmion stated: "I am ecstatic that we will finally be able to bring into manifestation a dream we have held for many years. The new facility will enable us to bring into our company many of the processes we were outsourcing for years, thus enabling us to increase quality and our competitive share in the market. We desire to develop more business products and services, as well as expand our core explosion proof industrial product line."

Construction of the plant is scheduled to commence by the end of November 2007 and be completed by March 2008. In addition, the plant is being engineered by Binkley & Barfield Inc. Engineering, Houston, Texas, and the architect is Archi-Group, of Houston, Texas.

In a testament to the enormous growth potential in the company's core markets, the International Energy Agency estimates that the total investment required in the oil and gas sectors over 2005 to 2030 will amount to more than $8 trillion. Recent progress made by Marmion Industries Corporation in the industrial segment of the HVAC industry is exhibited by a recent sale for a ConocoPhillips project, in addition to both second quarter and first half industrial sales which reach $691,000 and $1,700,000 respectively, up from $433,000 and $868,000 during 2006.

About Marmion Industries Corporation

Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com

Forward Looking Statements

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ material from managements those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.

Contact:
Seacoast Advisors
IR*seacoastadvisors.com
(888) 945-2110

SOURCE Marmion Industries Corporation


--------------------------------------------------------------------------------

Contacts:

Seacoast Advisors
1-888-945-2110
IR*seacoastadvisors.com

for Marmion Industries Corporation

--------------------
" Cash is King "

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FrankNitti
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Beat me to it Joe! [Wink]

Glad I got in this at .018!

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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Currently .02

.021x.022

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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.023

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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.016

might be another good in here

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Lockman
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quote:
Originally posted by FrankNitti:
.016

might be another good in here

http://stockcharts.com/h-sc/ui?s=MMIO&p=D&yr=1&mn=0&dy=0&id=p29505358256

I don't know , this looks like it's falling.
Watch the RSI when it reaches below 50 it might bounce .016 is to soon. jmo

--------------------
Let's Go METS!!!

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Average Joe
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that 100% pps gain and 10 million share day on Tuesday came from the stock being heavily promoted ( faxes, emails, etc. ). It could just be heading back to its previous levels of .012 to .016 .... jmho

--------------------
" Cash is King "

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otcbman
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There has been a lot of news on this lately. Well I would think it has to take a breather like any other stock. Thoughts on this?
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FrankNitti
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.015 currently

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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.013

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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quote:
Marmion Industries Announces Exclusive Interview With Amalfi Research Group Ltd
8:58 AM EDT October 4, 2007
HOUSTON, Oct. 4 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO) -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced Amalfi Research Group Ltd. has released an executive interview with CEO W.H. Marmion.

Mr. Marmion discusses a number of topics including the company's business plan, recent corporate developments, and prospects for future growth.

Commenting on the interview's availability, CEO W.H. Marmion stated "I welcome the opportunity to update shareholders as well as the broader investment community on the company's history, key strengths, and opportunities for future growth. This communication will be followed in the near-term by a company issued, strategic initiatives press release that provides more insight into Marmion's recent successes and plans for future growth.

To listen to the interview in its entirety, please visit: http://www.microstockprofit.com/Media.stgx

About Marmion Industries Corporation

Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com

Forward Looking Statements

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ materially from those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.

Contact: Seacoast AdvisorsIR*seacoastadvisors.com (888) 945-2110
SOURCE Marmion Industries Corporation

Now may be the time...Currently at .011.....no. .012 now ...gapping up?

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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 -

Still some room ro come down, but I think you may see some increase first depending on volume...

Any thoughts and opinions are definately welcome here....thanks!

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Average Joe
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News just released !!

MMIO ( .0102 )


Marmion Industries Announces Completion of Project for Lucite International

Tuesday , October 09, 2007 06:00ET

HOUSTON, Oct. 9 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO), (the "Company") -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced the completion of a project for Lucite International, the world's leading producer of acrylic monomers and owner of the popular Lucite(R) and Perspex(R) brands.

Under the terms of the contract, Marmion has installed a Class 1, Division 1, hazardous location refrigeration system, including industrial controls, for peroxide storage at a Lucite facility. With a 25% share of the global methacrylates market and annual revenues that currently exceed $1.5 billion, Lucite International is an ideal customer for Marmion's products and services.

Commenting on today's news, CEO W.H. Marmion stated, "The utilization of our products and services by Lucite International is a major testament to both their quality and the ability of our management team to negotiate contracts with some of the world's leading Petro-Chemical organizations. As the industrial side of our business grows, contracts such as the one announced today, in addition to our recent product shipments for use in a ConocoPhillips project, continue to expand our footprint in the market and provide increased opportunity for future growth."

The recent progress made by Marmion Industries Corporation in the industrial segment of the HVAC industry is exhibited by both second quarter and first half industrial sales which reach $691,000 and $1,700,000 respectively, up from $433,000 and $868,000 during 2006.

About Marmion Industries Corporation

Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com

Forward Looking Statements

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ material from managements those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.

Contact:
Seacoast Advisors
IR*seacoastadvisors.com
(888) 945-2110

SOURCE Marmion Industries Corporation


--------------------------------------------------------------------------------

Contacts:

Seacoast Advisors
IR*seacoastadvisors.com

1-888-945-2110
for Marmion Industries Corporation

--------------------
" Cash is King "

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FrankNitti
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SWEEEEET!

I was thinking I was going down with the ship here...LOL

I am picking up more at .014....anyone else?

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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Average Joe
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moving up PM .... at .013/.014

--------------------
" Cash is King "

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FrankNitti
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Cmon now....MOOOOVEEEE....

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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quote:
Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Sell
10 - 8 Day Moving Average Hilo Channel Sell
20 Day Moving Average vs Price Sell
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 40% - Sell
20-Day Average Volume - 1248315

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Sell

Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 728358

Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 544445

Overall Average: 16% - Buy

Price Support Pivot Point Resistance

0.0130 0.0122 0.0133 0.0144




--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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Might see some good action here today...

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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FrankNitti
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Marmion Industries Announces Strategic Initiatives
6:00 AM EDT October 11, 2007
HOUSTON, Oct. 11 /PRNewswire-FirstCall/ -- Marmion Industries Corp (OTC Bulletin Board: MMIO), (the "Company") -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced strategic initiatives for the next 6-12 months and summarized recent achievements.

Commenting on the company's recent performance and future initiatives, CEO W.H. Marmion stated, "Marmion Industries has made significant advancements over the past few months that better position the company to tap into the vast pool of opportunity that lies within both the commercial and industrial segments of the global HVAC industry. Our ability to attract high profile industrial clients including Lucite International and the application of our technology by leaders in the petrochemical space such as ConocoPhillips validates the quality of our offering and is attracting new business like never before."

Mr. Marmion further commented, "In just over one month, we have announced future and completed contracts valued in excess of $5,000,000. For a company that logged just over $4.6 million for all of fiscal year 2006, we feel that recent revenue growth is a major achievement and a very positive indication of the upward direction that our business is traveling in."

Marmion concluded, "In order to sustain recent growth and meet record demand for our offering; the company has recently made the decision to upgrade our manufacturing facility. We expect current levels of demand to remain relatively constant for the foreseeable future as we improve the depth and quality of our customer base and establish a larger footprint in the HVAC industry, both organically and through growth by acquisition. As the company pushes forward with its aggressive near-term growth strategy, we will release relevant information regarding our advancement to shareholders, as it becomes publicly available."

Key Achievements Include: -- Announcing more than $5,000,000 worth of completed and future contracts over the past five weeks. -- Second quarter and first half industrial sales which reached $691,000 and $1,700,000 respectively, up from $433,000 and $868,000 during 2006. Recent product shipments for use in a ConocoPhillips project. -- Recent completion of a project for Lucite International, the world's leading producer of acrylic monomers and owner of the popular Lucite(R) and Perspex(R) brands. -- Two year ongoing purchasing agreement with a repeat industrial customer, Powell Industries of Houston, Texas valued at more than $2,000,000. -- Purchase of 2.75 acres of land in Houston, Texas, along with its plan to construct a new approximate 30,000 square foot multi-use facility. -- Growth of commercial business which is exemplified by a recent $2,100,000 contract for HVAC-related equipment and installation services at Sweeney High School (Sweeney -- TX). -- Becoming one of the first mechanical contractors to implement the new Leadership in Energy and Environmental Design 'LEED' Certification of Quality Program. Strategic Initiatives for 2007 include: -- Capitalize on existing sales opportunities through the implementation of a more aggressive sales/marketing strategy, deployment of additional sales/marketing personnel, and ramping up overall production levels. -- Streamline operations through an externally conducted business process audit immediately followed by implementation of company-wide efficiency mandates. -- Improve the depth and breadth of our customer base and product/service offering. -- Expand OEM/Private Label design and production capabilities. -- Bundle our products with ancillary products to enhance revenue opportunities and increase the total installed base of Marmion Industries products. -- Expand current product line by adding new and innovative designs and potentially acquiring synergistic offerings. -- Expand our international footprint to capitalize on industry growth, particularly within the petrochemical arena. -- Continue to expand our brand awareness through the implementation of more aggressive internal sales and marketing efforts as well as by forging relationships with well respected industry associations and periodicals. -- Dedicate significant time and effort towards the in-depth due-diligence associated with identifying a strategic acquisition(s) that would both significantly accelerate our top line growth as well as add accretively to earnings. -- Continue to pursue business relationships with well-entrenched local, regional, domestic, and international industry players. -- Form an advisory board with relevant industry expertise and relationships.
About Marmion Industries Corporation

Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com

Forward Looking Statements

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ material from those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.

Contact: Seacoast AdvisorsIR*seacoastadvisors.com (888) 945-2110
SOURCE Marmion Industries Corporation

--------------------
Please DON'T invest on JMO. Do YOUR research. Invest UR money the way YOU would like to! Thanks! ;)

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KrickleCrack
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Marmion Industries Announces Change-Order Valued at Nearly $100,000 for Debakey Project
October 18, 2007 6:00 AM ET - PR Newswire

Marmion Industries Corp (OTC Bulletin Board: MMIO), (the "Company") -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced the approval of a work release notice for a change-order valued at $99,780.10 for its project at Debakey High School located in Houston, Texas.

Marmion Industries also has multiple additional change-order requests pending approval and estimates the contract to be worth nearly $900,000 upon final completion, which is expected by December of 2007.

Commenting on today's news, CEO W.H. Marmion stated, "The change-order for the Debakey project further highlights our ability to grow within the commercial sector. Marmion's successful completion of this contract will add to our expanding portfolio of non-industrial clientele and also position the company quite favorably to pursue business with additional schools located within our home region of Texas."

About Marmion Industries Corporation

Marmion Air Service specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Air Service commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionair.com and http://www.microstockprofit.com

Forward Looking Statements

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ material from managements those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.

Contact: Seacoast Advisors IR*seacoastadvisors.com (888) 945-2110
SOURCE Marmion Industries Corporation

http://www.marmionair.com

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Hitman
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Marmion Industries Purchase Orders Exceed $250,000 for Week Ending 2/15/08
Thursday February 21, 6:00 am ET


HOUSTON, Feb. 21 /PRNewswire-FirstCall/ -- Marmion Industries Corp. (OTC Bulletin Board: MMIO - News), (the "Company") -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced purchase orders for the week ending 2/15/08 valued at $252,054.00.
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In addition, the company has surpassed it monthly purchase order total for January 2008 ($272,484.91) during the first two weeks of February ($321,989.55).

About Marmion Industries Corp.

Marmion Industries Corp. specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Industries Corp. commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionind.com and http://www.microstockprofit.com

Posts: 1101 | From: Georgia | Registered: Apr 2006  |  IP: Logged | Report this post to a Moderator
koebbe27
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Anyone know the float on this. Volume really low and me because too many got bit at the end of last year but this is a real company making real profits. What type of debt has this company accrued?

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Marmion Industries Corp Announces Record Financial Results for Fiscal Year 2007

Apr 17, 2008 06:00:00 (ET)


HOUSTON, April 17, 2008 /PRNewswire-FirstCall via COMTEX/ -- Marmion Industries Corp (MMIO, Trade ), (the "Company") -- an emerging manufacturer and modifier of heating, ventilation, and air conditioning (HVAC) equipment -- today announced record financial results for its fiscal year ended December 31, 2007.

Marmion reported record revenues for the year ended 12/31/2007 of $6,017,373, an increase of approximately 30.4% from $4,613,282 reported for 2006. Net loss for the period was ($3,174,967) for an improvement of 54.4% or $3,780,398 from ($6,955,365) in 2006. Net Loss per share for fiscal 2007 was ($.05) for an improvement of $.30 or 85.7% from ($.35) in 2006.

Revenue growth was driven largely by the company's decision to diversify into the commercial sector of the HVAC industry and the subsequent award and partial completion of several large commercial projects.

Management firmly believes that revenue growth will continue in 2008 due in large part to a number of factors including: the successful expansion efforts of the company's industrial division into the Louisiana market, strengthened overall corporate sales efforts, and the expanded manufacturing capacity expected to be facilitated by a new, soon to be constructed facility.

Cost of good sold increased $1,641,073 to $5,362,175 for the year-ended December 31, 2007 from cost of goods sold of $3,721,102 for fiscal year 2006. This represents an increase of 44.1%. Consequently the company's gross profit margin percentage for fiscal year 2007 was 10.9% compared to 19.3% for the prior year period.

Total costs and expense as a percentage of revenues decreased 20.3% during fiscal year 2007 to 23.8% from 44.1% for fiscal year 2006. General and administrative expenses decreased $592,000, or approximately 41% for the same comparative period. In addition, net cash used in operating expenses for fiscal 2007 was $710,598 as compared to $316,343 for fiscal 2006.

Marmion ended fiscal year 2007 with cash on hand of $1,291,966 compared to $1,785 at the end of 2006 and accounts receivable of $683,066


Corporate highlights for the year include:

-- Completion of a project for Lucite International
-- Shipping product to an established end-user base that includes
ConocoPhillips
-- Diversification into the commercial HVAC sector
-- Being chosen for the new "Leadership in Energy and Environmental Design
'LEED' Certification of Quality Program".
-- Being awarded approximately $3,000,000 worth of commercial contracts
within a relatively short time frame.
-- The purchase of 2.75 acres of land in Houston, Texas, with intent to
construct a new 126' X 250' multi-use facility.


CEO W.H. Marmion stated "2007 was yet another very positive year for Marmion Industries Corp. in a number of regards and I highly commend our team for meeting or exceeding all goals and initiatives outlined over the past twelve months. We are quite optimistic regarding the company's ability to both further improve efficiencies and grow revenues in 2008 and look forward to updating the public on our progress as developments unfold."

About Marmion Industries Corp

Marmion Industries Corp. specializes in Explosion-Proof Heating, Ventilation, Cooling Pressurization and chemical filtration solutions for mission-critical applications. Our reputation is based on superior equipment and service, from south Texas and Louisiana refineries to drilling rigs and chemical plants in Saudi Arabia and South America. Our products are designed for application in Petro-Chemical, Industrial, Agricultural, wastewater, pulp and paper, elect., medicine, and Aerospace. Marmion Industries Corp. commenced operation in Texas in 1998 in residential and commercial HVAC service. The Texas Department of Licensing and Regulation -- TACLA019367C -- recognizes the company as a contractor in the field of Heat Ventilation and Air Conditioning. The company is in the process of working towards third party certifications on selected manufactured equipment.

Further information on Marmion Industries is available at: http://www.marmionind.com and http://www.microstockprofit.com

Forward Looking Statements

The information in this news release includes certain forward-looking statements that are based upon management's expectations and assumptions about certain risks and uncertainties that can affect future events. Although management believes these assumptions and expectations to be reasonable on the date of this news release, these risks and uncertainties may cause actual events to differ material from managements those contained in this news release. The risks and uncertainties include, but are not limited to, continuing as a going concern, availability and cost of our present vendors and suppliers, and absence of any change in government regulations or other costs associated with data transmission over the Internet or termination of transmissions in foreign countries.


Investor Relations Contact:
Seacoast Advisors
Keith Reinhardt
IR*seacoastadvisors.com
858-205-5798


SOURCE Marmion Industries Corp




http://www.marmionind.com

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