GOLDEN AGE RESOURCES, INC. (GDAR) POSTS NET OPERATING PROFITS IN THE THIRD QUARTER, 2012
November 15 2012 - 9:16AM
OTC Markets
Golden Age Resources, Inc. (OTC Pink:
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.
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