This is topic GDVI's Revenue's up 62%, to $14.9M. Continued Profitability in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.
Global Diversified Industries, Inc. Announces Year-End Revenues at $14.9 Million; Up 62 Percent; Continued Profitability
By PR Newswire Last Update: 8/18/2006 4:00:47 AM Data provided by
CHOWCHILLA, Calif., Aug 18, 2006 /PRNewswire-FirstCall via COMTEX/ -- Global Diversified Industries, Inc. (GDVI), focused on the modular building industry with emphasis on the education market (http://www.gdvi.net), today reported that revenues for the year ended April 30, 2006 totaled $14.9 million, up 62 percent compared to revenues of $9.2 million in the previous fiscal year.
Net income for the fiscal year ended April 30, 2006 totaled $596,683 compared to net income of $501,956 for the previous fiscal year. The Company said working capital increased to $3.2 million at April 30, 2006, up 58 percent compared to the previous year, and Stockholders Equity increased 34 percent to $5.2 million compared to April 30, 2005. For the year ended April 30, 2006, the Company's gross profit margin was 28.5 percent.
"The Company has posted eight consecutive profitable quarters. We are winning larger projects with our Aurora Modular Industry designs, which allows us to compete for two-story modular school buildings," said Phil Hamilton, CEO.
Mr. Hamilton said there is increased bidding activity due to the need by California schools for portable classrooms. "Student enrollment has been up the last three years and the forecast over the next 10 years is continued growth," Global Diversified Industries CEO said.
About Global Diversified Industries, Inc.
Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing it to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects planned for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick*eandecommunications.com
SOURCE Global Diversified Industries, Inc.
Posted by Ragedbull777 on :
Volume total this morning already makes it the 6th best volume day in the last year and the morning is young. The .075 HOD is highest since early May 2006 when it hit .08. Good things ahead.
Posted by Ragedbull777 on :
This is from another stock message board. Good information for newbies. Thanks Mike.
Posted by: mike306oh In reply to: mike306oh who wrote msg# 285 Date:7/11/2006 11:13:17 AM Post #of 330
I can see us having a run after lunch. Not everyone knows about the news yet. Posted by cmsrem on :
Starting to move back up
Posted by Ragedbull777 on :
What was the last trade price. Volume? TIA and GL.
Posted by Ragedbull777 on :
Just logged on the my TD Ameritrade. Volume is nearing 1 Million. .06 x .063, last trade went at .061, up 13%. Looking for an afternoon run. Ciao.
Posted by Ragedbull777 on :
Share info:
Outstanding shares: 154.5MM
Directors own 46.975MM shares, or 33.89%.
Source: 10-K released 8-17-06
GL all
Posted by Ragedbull777 on :
Added another 30K shares at .055. Looks like it moving up again, slightly anyway. GLTA
Posted by Ragedbull777 on :
Last trade: $0.06, Volume 1,055,663, third highest volume day of the year. Interest if growing.
Posted by wallymac on :
I'm surprised it didn't move up more on this volume. Hoping for an EOD run.
GLTA Wally
Posted by vinnie1 on :
Hmmmmmmm was thinking the same thing.
Posted by Ragedbull777 on :
Sorry, type in the symbol for GDVI and update.
Posted by Ragedbull777 on :
[QUOTE]Originally posted by gagged_n_burried: why does scottrade not allow me to buy this?? any idea anyone? [/QUOTE
Do you have enough available funds? Are your funds clear? Give them a call. GLTU.
Posted by gagged_n_burried on :
yeah scottrade sucks.. didnt allow me to buy on that dip at 0.049 ... no use calling now.. i went back to search for any possible scam.. but found none.. eanwhile lost out on a good play here..
Posted by Ragedbull777 on :
quote:Originally posted by wallymac: I'm surprised it didn't move up more on this volume. Hoping for an EOD run.
GLTA Wally
I think there may be been some flipping for sure. Maybe some of folks that had bought in at .06 to .07 a while back wanted to get out at breakeven. Who knows. The OS share count isn't that high. Management holds about 40% of the shares. That's a good sign in my book. Time will tell. GLTA
Posted by cmsrem on :
quote:Originally posted by Ragedbull777:
quote:Originally posted by Ragedbull777: Charts looks nice:
Same thing happened to me, call Scottrade and have them do it manually. They did this for me and charged the internet rate
Posted by wallymac on :
I bought this morning with my scottrade account and didn't have any prolems.
GLTA Wally
Posted by Ragedbull777 on :
Bids versus Ask...
Bid: 3 * .055 Ask: 2 * .06
Posted by wallymac on :
Maybe some late day movement
Posted by Ragedbull777 on :
quote:Originally posted by wallymac: Maybe some late day movement
Overall, it's been a decent day. Volume has been good. We've been put on the radar and the company is doing well. Good reasons for the stock's price per share to appreciate. The 52 week high is .12, while the low was .05, which was yesterday. This is the best fiscal year ever. No reason why we shouldn't go back to .12 very soon, if not higher. I'd say maybe .20 to .25 in a year or less. that would be a 4 bagger. Who wouldn't want their current investment of say $1,000.00 to be worth $4K to $5K next year. JMHO and GLTA Posted by Ragedbull777 on :
The way the PPS has dropped after the runup, I would say it's the MM's keeping the share prices down to get some cheap shares for the runnup next week. They are loading up at .055 to .06 and will sell them next week at .08 or higher. The news was too good for this baby not to be much higher. JMHO.
Posted by Ragedbull777 on :
Bid vs Ask is .055 x .06. After the 6's the next ask is .088.
Posted by Ragedbull777 on :
We closed green at .06. Up 11.11%. Volume 3rd best in a year. I'll take that for 5 days straight. All have a great weekend!
Posted by wallymac on :
I take that too. You have a great weekend too
Posted by Ragedbull777 on :
Total dollar amount of all trades today was $69,225.33
174,390 shares sold at .065 and above, 17% of total shares traded
700,980 shares sold at between .06 to .064, 61% of total shares traded
271,485 shares sold at .054 to .059, 22% of total shares traded
The 52 week Lowest close of the year for GDVI was this week, on 8/15/05 at $0.053
The 52 week high close for GDVI was on 9/5/2005 at $0.115.
I don't see why we can't break that 52 week high in coming months, if not weeks. JMHO
Posted by Ragedbull777 on :
Just a summary of last five fiscal years for the company. Looks very positive in my opinion. Hopefully they will maintain this trend. GLTA.
Fiscal Year: FY2005 FY2004 FY2003 FY2002 FY2001 Total Assets $9,716 $7,467 $4,519 $2,384 $1,423 Total Equity $5,259 $3,938 $2,975 $1,382 $478
Posted by Ragedbull777 on :
Boy, it's dead this moring. Where's everyone?
Posted by Ragedbull777 on :
*********.com: Alerts for Monday, August 21, 2006 - Featuring Sterling Mining, NuTech Digital, Gensym, Global Diversified Industries and More
By M2 Last Update: 8/21/2006 8:23:00 AM Data provided by
Dallas, Texas, Aug 21, 2006 (M2 PRESSWIRE via COMTEX) -- ********* Pre-Market Updates for Monday include Sterling Mining Company (SRLM),NuTech Digital, Inc. (NTDL), Gensym Corporation (GNSM), Global Diversified Industries Inc (GDVI),Motion DNA Corporation (MTDX), and American Bank Note Holographics Inc (ABHH). ********* Price Alerts feature companies with significant moves in either volume or price in the past two trading sessions. In our update we analyze recent news about the companies featured and detail the movement in the stock
Posted by Ragedbull777 on :
boy this thing has really died.
Posted by wallymac on :
It sure has. Just goes to show you that in pennyland as much as people talk about financials they don't pay attention. From a financials standpoint this is a very strong stock but no one pays attention.
Posted by Ragedbull777 on :
wallymac,
I was reading some of the posts at RB, and they have been saying some good news is coming. Don't really know for sure, but one of them says he knows something. Another guy mentioned something about an aquisition/merger. Don't know what to make of it. Time will tell.
As for the current PPS. This company is doing too well for it not to be higher than it is. I can see a move up this week or the next. We have one MM at .059, the next three at .06, and then it jumps to .089. Once the .059/.06's are sold out we could be sitty pretty. JMHO. GLTU. Posted by FastEddie777 on :
Looks like the buying has picked after lunch. Volume nearing half a million. That's more than double what we did the last 2 days combined.
Last trade went at .06.
Bid vs Ask: .059 x .0607.
Nice to see it come to life a lbit anyway. :)
Posted by FastEddie777 on :
I say we could see .065 today. JMHO
Posted by FastEddie777 on :
Equity per share:
Equity: $ 5,259,000.00 OS shares: 150,000,000 Equity: $0.0351 equity per OS share.
Assets per share:
Total Assets: $ 9,716,000.00 OS shares: 150,000,000 Assets: $.0648 per OS share.
Posted by FastEddie777 on :
Has Elvis left the building yet?
Posted by FastEddie777 on :
Global Diversified Industries Announces it is Moving Into the Commercial Modular Structure Sector Tuesday August 29, 5:00 am ET
CHOWCHILLA, Calif., Aug. 29 /PRNewswire-FirstCall/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI - News), focused on the modular building industry with emphasis on the education market (http://www.gdvi.net) , today said that its wholly owned subsidiary, Global Modular, Inc., has secured the rights from the State of California to manufacture commercial, pre-fabricated/modular-type structures under building codes governed by the state's Housing Community Development (HCD) department. ADVERTISEMENT
"This creates significant opportunity for growth for Global Diversified in both California and the neighboring states of Arizona and Nevada, since those states accept structures approved in California through reciprocity measures," said Phil Hamilton, CEO.
Global Modular, Inc. is currently implementing a HCD product fabrication line at their 100,000 square feet Chowchilla facility. The first structure is scheduled to be available for shipment in September 2006.
Mr. Hamilton said that "we have purposely and methodically taken our time to introduce this HCD product line to our market base. Our new and expanded customer base can include modular structures for commercial retail centers, restaurants, military installations, hospitals and correctional institutions. With more than 50 variations of engineered and approved commercial modular building plans, we intend to hit the market running. We have closely monitored the HCD market throughout the region for several years and our in-house market research, along with data provided to us from commercial modular dealers, verifies that the West Coast commercial market needs additional manufacturing support to fulfill future space requirements. We are very bullish about the future of this expansion of our core business."
About Global Diversified Industries, Inc.:
Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing it to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects planned for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick*eandecommunications.com
Posted by FastEddie777 on :
Volume is brisk this morning. .061 x .065.
Posted by FastEddie777 on :
Global Diversified Industries Addresses Company Progress, Business Strategies in Letter to Shareholders Thursday September 7, 5:00 am ET
CHOWCHILLA, Calif., Sept. 7 /PRNewswire-FirstCall/ -- Global Diversified Industries, Inc. (OTC Bulletin Board: GDVI - News), focused on the modular building industry with emphasis on the education market (http://www.gdvi.net) , today said that a letter written to shareholders by its Chairman and CEO, Phil Hamilton, about the Company's progress and future business strategies, plus a brochure on the Company and other background information, has been sent to shareholders. The text of the letter follows: ADVERTISEMENT
Dear Valued Shareholder,
First and foremost, on behalf of myself and all the employees of Global Diversified Industries (GDVI) a heart felt "thank you" for the confidence you have personally shown in our company. We realize you have several investment opportunities. There may have been times you have been tempted to select another investment alternative. We understand these pressures. However, after review of our past sales growth, our position in the current marketplace, and, our unique capacity to capitalize on future market needs I am confident your enthusiasm in your GDVI investment will grow.
THE PAST
The past three years sales numbers have seen outstanding growth. Revenues for the fiscal year ending April 30, 2004 were $3.8 million. Revenues for the fiscal year ending April 30, 2005 were $9.8 million. Revenues for the fiscal year ending April 30, 2006 exceeded $14.9 million. Our emphasis has, and will continue to be the manufacturing of pre-fabricated/modular type buildings for the California educational market. Single and two story classrooms, computer and science laboratories, child care facilities, libraries, restrooms, and administrative offices define the education production line that GDVI can provide.
THE PRESENT
Today, Global Diversified employs over 140 people. Our 100,000 square foot manufacturing facility is located on 16 acres in the City of Chowchilla, the geographic center of California. Our plant can serve both Southern and Northern California marketplace, and, what a marketplace! Nearly all of California's one thousand plus public school districts are actively designing and awaiting the commencement of their facilities "modernization" mandates. Over 70% of California classrooms are over 20 years old. It is estimated over 40,000 new classrooms are required to meet current enrollment demands. With the passage of Proposition 55, over $12.3 Billion in bonds will be available for campus modernization and related facility expenditures.
To compound the crisis, over the past 24 months, three of the eight major manufacturers of modular structures with approved California Department of State Architects (DSA) building plans have 'closed-their-doors" and ceased production operations (Aurora Modular, Turnkey Schools and Eco Building Systems). The present supply shortage is REAL. Global Diversified is the single best positioned company to provide the quality modular product our public school system currently demands and needs.
THE FUTURE
No market stands still. Customer needs change and Global Diversified has, and must, meet these changes to stay a leader within this specialized industry. Several school districts have turned to 'permanent' vs. 'portable' type modular structures. These permanent modular structures attached directly to conventional concrete foundations. Global Diversified has designed and acquired state of the art "slab-on-grade" prefabricated buildings approved for California public schools. NONE of our competitors can offer this product as economically as GDVI. School administrators, architects and teachers are being introduced to Global's innovative and 'permanent' product line. Our targeted marketing approach has been tailored to showcase the permanent modular construction, without surrendering the importance of our standard modular type structure.
In addition, our 3 to 5 year business plan projects a significant increase in non-educational/commercial prefabricated modular buildings. Professional offices, restaurants, retail and commercial structures can all be more quickly and economically constructed by incorporating Global Diversified's prefabricated product line vs. conventional 'stick-build' construction.
In closing, as proud as we are of our accomplishments to date, all of us at Global Diversified realize our most challenging tasks are ahead of us. We are a manufacturer of high quality, attractive and competitive, modular buildings. We don't live on the Internet or in 'hyper-space'. Sales projections for fiscal year 2007 is estimated $20+ million and for fiscal year 2008 $30+ million. To achieve these sales and production goals we must deftly coordinate and expand our management, production and sales teams. We must continue to upgrade fabrication lines and equipment. We must expand our banking and bonding relationships. And, most importantly, secure new capital sources to fund these objectives.
California schools are experiencing and overcrowding nightmare. Conventional construction costs have skyrocketed. Government bond funding is approved and available. Three of the eight major modular classroom manufacturers have ceased production. Global Diversified not only has a superior product, but is in the position to capitalize and exploit the current production void. Every strategic piece has been identified. Now is the time to act.
Thanks for your attention and past comments. We will do everything we can to make your investment a successful one. Should you have any further questions please contact our corporate office. We encourage your comments and future support.
Sincerely,
Phil Hamilton Chairman & CEO
About Global Diversified Industries, Inc.: Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing it to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company's work is found in Northern and Southern California, with numerous projects planned for school systems throughout the state.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. For investor information contact:
Paul Knopick
949-707-5365
pknopick*eandecommunications.com
-------------------------------------------------------------------------------- Source: Global Diversified Industries, Inc.
![[Smile]](smile.gif)
![[Cool]](cool.gif)
![[Frown]](frown.gif)
... no use calling now.. i went back to search for any possible scam.. but found none.. eanwhile lost out on a good play here..
![[Big Grin]](biggrin.gif)