Golden Age Resources, Inc. (GDAR) Posts Net Operating Profits in the Third Quarter, 2012
November 15 2012 - 8:00AM
Marketwired
Golden Age Resources, Inc. (PINKSHEETS: GDAR) posted its Third
Quarter ending September 2012 results on November 12, 2012. For the
first quarter in several years, a consolidated net operating profit
of $23,664 resulted. The profit picture returned as a result of a
decision by management earlier in the year to diversify its core
business into Internet Technology. With technologies such as Social
Media and Mobile Applications, GDAR has successfully entered this
market and is excited about the future growth. GDAR has
Consolidated sales for the third quarter sharply increased to
$123,680. The GDAR team, through its wholly owned subsidiary,
Griffin Holdings and IT Solutions, Inc., feels very comfortable
within the demands of the market and is very optimistic in both
internal growth through its products and services, as well as
external growth through additional acquisitions and merger
possibilities, which are currently being pursued.
"The future is bright and we feel shareholder values are
progressively going to rise both short and long term," stated
Robert C. Griffin, President and CEO.
Certain statements in this news release may contain
forward-looking information within the meaning of Rule 175 under
the Securities Act of 1933 and Rule 3b-6 under the Securities
Exchange Act of 1934, and are subject to the safe harbor created by
those rules. All statements, other than statements of fact,
included in this release, including, without limitation, statements
regarding potential future plans and objectives of the company, are
forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ
materially from those anticipated in such statements.
Contact: Chrissi Suttman Phone: (561) 472-2933 7711 N. Military
Trail Palm Beach Gardens, FL 33410 Phone : (561) 472-2933 Fax:
(561) 472-2938
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