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[QUOTE]Originally posted by stocktrader22: [QB] not my DD, but some additional info "GDVI has NINE CONSECUTIVE profitable quarters under its belt. Monday after market close, the Company announced that in a public bidding process it won a contract with a Southern California School District which has "piggyback rights". This allows Global Diversified to sell its new Aurora product line to school districts throughout California in a much simpler manner, at a fixed price, that avoids lengthy public bidding. This is huge win for the Company and should result in significant new business for GDVI. GDVI has posted Nine consecutive profitable quarters and is projecting a 34% increase in revenues for the current fiscal year. Financials Approximate as of October 10, 2006 Market Cap: 11.4 Million Outstanding Shares: 160 Million 52 Low / High: $0.11 / $0.05 Price: $0.07 GDVI Investor Highlights * Global Diversified has posted nine consecutive profitable quarters. * Announced it has won the bidding on significant school projects which will make the balance of the current fiscal year very strong. * Reported that revenues for the year ended April 30, 2006 totaled $14.9 million, up 62 percent compared to revenues of the previous fiscal year. * 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. * Announced that its wholly owned subsidiary, Global Modular, has secured the rights from the State of California to manufacture commercial, pre-fabricated/modular-type structures. * 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. * 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. * Recently announced that its wholly owned subsidiary, Global Modular, has won two new orders for school classrooms and science labs, one project in Northern California, the other in the Southern portion of the state, totaling in value $1.2 million. * Global Modular has been awarded a $1.4 million contract to build and install 20 modular classrooms for a Southern California public school district. Overview Global Diversified Industries (GDVI) is a holding company whose subsidiaries Global Modular and Aurora Designs, are engaged in the modular and permanent construction marketplace with an emphasis on educational projects. The Company's work is primarily in the state of California and other western states. Numerous projects are planned for end users such as school systems throughout the state, both public and private; universities, child-care, municipality sectors, as well as third party leasing agents. The bulk of GDVI's work consist of single and two story classrooms, designs used specifically for permanent modular construction, which include complete schools and wing additions. Computer and science laboratories, child care facilities, libraries, restrooms, and administrative offices. The company is based in Chowchilla, California. Recent News and Press Releases Global Diversified Industries Announces it is Moving Into the Commercial Modular Structure Sector Global Diversified Industries, Inc. Announces Year-End Revenues at $14.9 Million; Up 62 Percent; Continued Profitability GLOBAL DIVERSIFIED INDUSTRIES INC Files SEC form 10KSB, Annual Report Global Diversified Industries Announces $1.2 Million in Contracts for Modular Classrooms, Science Labs Global Diversified Industries Announces $1.4 Million Contract for Modular Classrooms Global Diversified Industries, Inc. Revenues Increase 163 Percent for First Six Months, Net Income up 278 Percent November 6, 2006 Global Diversified Industries (GDVI) Press Release: Global Diversified Industries, Inc. Announces Three New Contracts Totaling $4 Million Reported receiving three new orders for its modular buildings from three different California school districts, one in a Southern county, the other two in the North, totaling in value in excess of $4 million. Mr. Hamilton emphasized that the recent contract it won with a Southern California School District which has "piggyback rights" that allows Global Diversified to sell its Aurora products to school districts throughout the state at a fixed price, avoiding the lengthy public bidding process, is paying dividends for the Company. "With the significant needs of the California educational community, combined with funding that is becoming available, we are in the right place at the perfect time with a very popular product," Global Diversified Industries CEO said." [/QB][/QUOTE]
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