Global General Technologies Inc. (GLGT) Reveals 2010 Revenues and Profits
April 25 2011 - 3:45PM
Marketwired
Global General Technologies Inc. (PINK SHEETS: GLGT)
(www.glgt-corporate.com) and its main subsidiary, AB (Wuhan)
Biotech Co. Ltd., have revealed the company's revenues and profits
for 2010.
AB (Wuhan) Biotech boasted revenues of $1,840,354.92 U.S. and
profits of $360,776.48 U.S. in 2010. GLGT recently acquired AB
(Wuhan) Biotech, a Wuhan, China-based biotech company that's
committed to developing, commercializing and popularizing advanced
In Vitro Diagnostic (IVD) kits/devices.
GLGT and AB (Wuhan) Biotech release this information to show the
true value brought to GLGT by the merger with its new subsidiary.
GLGT management is pleased with these financial results and feels
that, following a long period of silence, company followers deserve
to see as much information as possible.
Read the financial details @
www.minamargroup.net/support/index.php?_m=downloads&_a=view.
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Information in this news release may contain statements about
future expectations, plans, prospects or performance of Global
General Technologies Inc. that constitute forward-looking
statements for purposes of the Safe Harbor Provisions under the
Private Securities Litigation Reform Act of 1995. The words or
phrases "can be", "expects", "may affect", "believed", "estimate",
"project" and similar words and phrases are intended to identify
such forward-looking statements. Global General Technologies Inc.
cautions you that any forward-looking information provided by or on
behalf of Global General Technologies Inc. is not a guarantee of
future performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Global General Technologies Inc.'s
actual results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Global General Technologies
Inc.'s control. In addition to those discussed in Global General
Technologies Inc.'s press releases, public filings, and statements
by Global General Technologies Inc.'s management, including, but
not limited to, Global General Technologies Inc.'s estimate of the
sufficiency of its existing capital resources, Global General
Technologies Inc.'s ability to raise additional capital to fund
future operations, Global General Technologies Inc.'s ability to
repay its existing indebtedness, the uncertainties involved in
estimating market opportunities, and in identifying contracts which
match Global General Technologies Inc.'s capability to be awarded
contracts. All such forward-looking statements are current only as
of the date on which such statements were made. Global General
Technologies Inc. does not undertake any obligation to publicly
update any forward-looking statement to reflect events or
circumstances after the date on which any such statement is made or
to reflect the occurrence of unanticipated events.
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