Firemans Contractors Announces Filing of Form 10-Q
November 26 2013 - 1:37PM
Marketwired
Firemans Contractors Announces Filing of Form 10-Q
Continued Growth in Revenues Contributed to Franchise Model and
80% in Repeat Clientele
FORT WORTH, TX--(Marketwired - Nov 26, 2013) - Firemans
Contractors, Inc. (OTCQB: FRCN) is pleased to announce that the
Company's Form 10-Q for the fiscal quarter ended September 30,
2013, has been filed and is available for review on the SEC EDGAR
site.
10-Q filing:
http://www.sec.gov/Archives/edgar/data/1471271/000119983513000803/firemans_10q-15814.htm
Renee Gilmore, CEO of Firemans Contractors, stated, "The Company
continues to see growth in revenue, repeat clientele and reduction
in operational cost. We've seen gross revenue increase by 56%
compared to same period last year. Repeat clientele was a major
factor, contributing to those gross revenues, roughly 80% repeat
business in 2012 and again in 2013. We've strategically
positioned ourselves for this growth, contributing our continued
success to our franchise model, franchisees and key individuals
that continue to develop Firemans Contractors into a nationwide
brand."
The Company is planning to engage a high level financial
advisory firm to obtain a third party corporate valuation that will
address the Company's true market value compared to its current
market cap and share price. The information will be provided
to the investment community and current shareholders.
About Firemans Contractors:
Firemans Contractors, Inc. (OTCQB: FRCN) is a Franchisor
and full-service contractor providing professional services for
commercial and government clients, focused on developing its
Business to Business Franchise Opportunities throughout the United
States. Its services include Road Improvements, Pavement
Maintenance, Seal Coating, Parking Lot Striping, Pavement Marking,
Asphalt Maintenance and Repair, and ADA Compliance. Firemans
Contractors brings a professional value system delivering
outstanding results through honorable customer relationships and
repeat business. Local firefighters are supported by a portion of
profits which are donated to local Firefighter
Associations. Firemans Contractors is a proud member of the
Franchise Association (IFA) and The Veteran Transition Franchise
Initiative (VetFran). As member, Firemans Contractors is
expanding through franchise development, aimed to assist the
Company in expanding its market share. As a franchisor, the
Company will provide franchisees with training and support,
including the proprietary Firebase™ software platform, which is
included along with other business tools and training for new
franchisees of Firemans Contractors.
For more information about Firemans Contractors, visit:
www.FiremansContractors.com
This press release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. These forward-looking
statements are based largely on the expectations or forecasts of
future events, can be affected by inaccurate assumptions, and are
subject to various business risks and known and unknown
uncertainties, a number of which are beyond the control of
management. Therefore, actual results could differ materially from
the forward-looking statements contained in this press release.
Additional information respecting the factors that could materially
affect the Company and its operations are contained in its annual
report on Form 10K and Form 10-Q as filed with the Securities and
Exchange Commission. The Company undertakes no obligation to
publicly update or revise any forward-looking statement.
Renee Gilmore CEO/Chairwoman Firemans Contractors, Inc.
www.FiremansContractors.com 1 (800) 475-1479 Email Contact
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