Firemans Contractors Updates Financials as the Current Fiscal Quarter is Already 122% Ahead of this Time Last Year
21 5월 2014 - 10:05PM
Access Wire
Fort Worth, Texas / ACCESSWIRE / May 20, 2014 / Firemans
Contractors Inc. (OTCQB: FRCN) released its latest filings for
fiscal third quarter 2014 for the period ending March 31, 2014
yesterday. While our third quarter was filled with many challenges
as the winter in the Dallas / Fort Worth Metroplex was particularly
harsh, we are very pleased to report that our current fiscal
quarter, fourth quarter 2014, is already outpacing last year by
122% for the same number of days into the quarter this year when
compared to last year.
Despite all of the bad weather, the ice and the many days our team
simply could not work we are on-target to supersede our year-end
revenues from that of last year. The current quarter, as expected,
is a complete turnaround. We have issued more than $2.8 million in
estimates for this active season that runs through the end of this
quarter and into our fiscal first quarter, which is the period
ending September 30, 2014. Of course not all bids are accepted and
we are not at all done issuing bids to other clients, but we share
that number with investors to show just how big this season really
is.
Renee Gilmore explained, "We have been going through a refining
process which will help us to empower and equip our franchisees in
achieving their goals. The future is bright for Firemans
Contractors, our employees, franchisees and investors as the
foundation of the company becomes more solid and we are able to
catapult forward."
We continue with our development of our latest two franchisees. We
will be offering more information on their activities as they begin
producing on a regular basis. We will also be updating investors
shortly on our expansion into the San Antonio market. We have
opened an office in San Antonio as part of expansion efforts.
Our latest financials can be found on Edgar and are also linked off
of our web site.
About Firemans Contractors:
Firemans Contractors, Inc. (FRCN) is a Franchisor and full-service
General Contractor providing professional services for commercial
and government clients, focused on developing Business to Business
Franchise Opportunities throughout the United States. Its services
include Road Improvements, Pavement Maintenance, Seal Coating,
Parking Lot Striping, Pavement Marking, Asphalt Maintenance and
Repair, and ADA Compliance. Firemans Contractors brings a
professional value system delivering outstanding results through
honorable customer relationships and repeat business. Local
firefighters are supported by a portion of profits which are
donated to local Firefighter Associations. Firemans Contractors is
a proud member of the Franchise Association (IFA) and The Veteran
Transition Franchise Initiative (VetFran). As a member, Firemans
Contractors is expanding through franchise development, aimed to
assist the Company in expanding its market share. As a franchisor,
the Company will provide franchisees with training and support,
including the proprietary Firebase™ software platform, which is
included along with other business tools and training for new
franchisees of Firemans Contractors.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Act of 1934. These forward-looking statements
are based largely on the expectations or forecasts of future
events, can be affected by inaccurate assumptions, and are subject
to various business risks and known and unknown uncertainties, a
number of which are beyond the control of management. Therefore,
actual results could differ materially from the forward-looking
statements contained in this press release. Additional information
respecting the factors that could materially affect the Company and
its operations are contained in its annual report on Form 10K and
Form 10-Q as filed with the Securities and Exchange Commission. The
Company undertakes no obligation to publicly update or revise any
forward-looking statement.
Social Media:
For multimedia features such as exclusive content, photo postings,
status updates and videos, please visit our Facebook page at:
http://www.facebook.com/FiremansContractors
For news, photos, events and tweets, please visit our Twitter page
at:
http://twitter.com/firemansco
Contact:
Renee Gilmore
CEO/Chairwoman
800-475-1479
John Pentony
Investor Relations
Telephone: 972-292-8930
Email: frcn@superiorir.com
Firemans Contracts on the Web:
http://www.FiremansContractors.com
SOURCE: Firemans Contractors
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