Hallmark Venture Group, Inc. Exceeds Profit Projection
February 16 2010 - 7:00AM
PR Newswire (US)
VILLA PARK, Calif., Feb. 16 /PRNewswire-FirstCall/ -- Hallmark
Venture Group, Inc.(Pink Sheets: HLLK) announced today that they
have exceeded their profit projection for the first six months of
their fiscal year, ending December 31, 2009. The Company earned a
net profit of $21,312 for the six month period on revenues of
$43,000. The Company also received as compensation for services
630,000 shares of publicly traded common stock. The value of the
stock based on the current bid price is $528,000. This represents
total earnings of 20 cents a share. Hallmark Venture Group, Inc.'s
president, Robert L. Cashman, stated: "I'm pleased that our
Business Plan is now fully developed and we can look forward to
significantly greater profits as our portfolio of companies
matures." Hallmark Venture Group, Inc. is a mini-venture fund,
investing in small to medium sized companies that have the
potential to grow rapidly and benefit in being a public company.
Hallmark Venture Group, Inc. stock is traded on the OTC Pink Sheets
under the symbol HLLK. For more information, look up the Company's
web site at http://www.hallmarkventuregroup.com/ or contact Robert
Cashman at 714-538-5214 or . The information contained herein
contains certain forward looking statements within the meaning of
Section 27A of the Securities Act, as amended and Section 21E of
the Securities Exchange Act as amended and the Private Securities
Litigation Reform Act of 1995 and is subject to the safe harbors
created thereby. While the company believes that the assumptions
underlying such forward looking information are reliable any of the
assumptions could prove inaccurate and therefore there could be a
difference between the actual and the predicted results.
DATASOURCE: Hallmark Venture Group, Inc. CONTACT: Robert Cashman of
Hallmark Venture Group, Inc., +1-714-538-5214, Web Site:
http://www.hallmarkventuregroup.com/
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