EAST ISLIP, N.Y., Dec. 4,
2012 /PRNewswire/ -- Gunther Grant,
Inc. (OTC Pinks: GNGR) today announced financial results for its
2012 third quarter. The Company posted its financials with
record revenue of $247,300. The
income includes receivables of $200,000. Costs associated with the
receivables will be posted in Q4 but expected margins are to be in
the 65% range.
"We are very pleased to announce that our expansion plans are
working well and that we have achieved positive cash flow. We
have been working diligently across all of our subsidiaries to
deliver value to our shareholders. In addition to confection
orders and collectable sales, we have achieved profitability within
our new retail locations within the first month and are looking
forward to a strong holiday season," stated Grant Newsteder, CEO of Gunther Grant, Inc.
About Gunther Grant,
Inc.
Gunther Grant, Inc. owns
controlling interest and manages various companies in the
confections industry that specialize in chocolate production,
confection technology, mold production, and specialty
advertising. The Company owns Got Chocolates, Inc,
www.GotChocolates.com, www.WonkaChocolates.com, Supercrave.com,
www.logococo.com, and the rights to produce BETTY BOOP
confections. Through its subsidiaries, Gunther Grant, Inc. has been producing
chocolates for retailers and wholesalers for over 35
years.
CONTACT:
Elite Communications, LTD – 315.307.2838
elite@elitecomltd.com
SOURCE Gunther Grant, Inc.