Modern Technology Corp Schedules Earnings Release for 16 March 2009 on Sales of $29,000,000 for Year-End 2008
10 Marzo 2009 - 1:40PM
Marketwired
Modern Technology Corporation (PINKSHEETS: MODC) announced today it
scheduled a release date of 16 March 2009 for its financial results
for the year-end period ending December 31, 2008.
The company's revenues for 2008 were approximately $29,000,000.
The company believes its new products and technology, particularly
its hydrogen generator systems, and acquisitions under review will
facilitate strong revenue growth in 2009.
The company will soon issue updates on the following:
-- Sales projections for 2009 will be announced.
-- Distributor sign-up and support web site to handle the large volume of
customer and distributor inquiries.
-- New power generation and heat recovery applications for the Gen-H
water-as-fuel and hydrogen-based fuel systems.
-- Various international distributors for the Gen-H Hydrogen Injector
System will be announced.
-- Anticipated additional portfolio acquisitions adding revenues of $5-
$15 million dollars.
-- New license agreement for a cancer detection system design
incorporating significant technology advances.
-- New sales initiatives to pathologists based on revenue sharing models
for cancer detection scans.
-- Details on new distribution, management services and new energy-
related initiatives will be released.
About Modern Technology Corp
MODC acquires promising technology companies and related assets
to promote their growth and development. The company provides
interim management and related services to its portfolio and client
companies. It builds revenues and asset value through a model of
continuous growth and derives further income from appreciation of
its portfolio and licensing or revenue-sharing agreements. Web:
http://www.moderntechnologycorp.com.
Safe-Harbor
This press release contains statements (such as projections
regarding future performance) that are forward-looking as defined
in the Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those projected as a result of
certain risks and uncertainties. The company's web site and prior
SEC filings contain various disclosures and RISK FACTORS
(incorporated herein by reference) and should be read before any
investment decision.
Contact: Investor Relations 1.954.727.5468
Modern Technology (CE) (USOTC:MODC)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Modern Technology (CE) (USOTC:MODC)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Modern Technology Corp (CE) (OTCMarkets): 0 recent articles
Más de Modern Technology Corp Artículos de Noticias