KMAG Announces Strong Results for Q2
September 17 2012 - 9:48AM
Marketwired
KMA Global Solutions International, Inc. (PINKSHEETS:KMAG) has
continued with strong results in Q2. Sales revenue in Total
$3,350,938 which is an increase of 1957% for the three month period
compared to $162,870 ended July 31, 2011.
Gross profit was $616,728 or 18% of sales for the three month
period ending July 31, 2012.
Operating Income was $295,941 for the three month Period ending
July 31, 2012 compared to an operating loss of $3,549 for the three
month period ending July 31, 2011.
CEO Jeffrey Reid states "KMAG is on target for its annual growth
projection in both Sales and Profits." During Q2 the Share Buyback
was completed adding another 37,100,000 shares to the control block
of the company. Additionally preferred shares were converted into
Common Shares to a total of 140,579,804 shares adding to the
control block and depleting any further shares to be issued to the
capacity of 750,000,000.
CEO Jeffrey Reid States "As the major shareholder and founder of
KMAG it is my intention to deliver maximum value to ALL
SHAREHOLDERS for the long term."
About KMA Global Solutions International, Inc.
At KMA, our Business Mission is to constantly reinforce our
industry leadership as a preferred competitive supplier in the
timely delivery of superior, cost effective, source tagging
products - all the time, every time.
For more information about KMA Global Solutions International,
visit: http://www.kmaglobalsolutions.com.
Forward-Looking Statement
Statements included in this press release which are not
historical in nature, are intended to be, and are hereby identified
as "Forward Looking Statements" for purposes of safe harbor
provided by Section 21E of the Securities Exchange Act of 1934, as
amended. Forward Looking Statements may be identified by words
including "anticipate", "await", "envision", "foresee", "aim at",
"believe", "intends", "estimates" including without limitation,
those relating to the company's future business prospects, are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those indicated in the Forward
Looking Statements. Readers are directed to the company's filings
with the U.S. Securities and Exchange Commission for additional
information and a presentation of the risks and uncertainties that
may affect the company's business and results of operations.
Contacts: KMA Global Solutions International, Inc. Investor
Relationsinvestorrelations@kmaglobalsolutions.com
www.kmaglobalsolutions.com
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