Resource Ventures On Pace For Record Revenues
SILVERADO, Calif., Nov. 14, 2013 /PRNewswire/ -- Resource Ventures, Inc. (PINKSHEETS: REVI) President Bob Thompson announced today that the company expects to finish out the fiscal year ending December 31, 2013 with revenues of over $1.7 million, which exceeds the 2012 revenues of $1.5 million. We at Resource Ventures feel this will provide further respectability of our public image as well as support the true intrinsic value of our stock. Bob Thompson added, that the Board of Directors believes that the Investment Community will take notice of REVI, in what the Board believes is a "great undiscovered gem" within the marketplace. The company anticipates that based on this substantial increase in current revenue growth, 2014 projected revenues will exceed $2 million. Our revenue base and growth have been "increasing and profitable, which is especially impressive in this economic climate," said Bob Thompson. Additionally, we are anticipating the launch of our Online Printing Platform (Wikiclickprint.com), which is currently in development. When the user-friendly website is launched, (RP&G) will have a competitive edge in the market alongside major companies like VistaPrint.com. Thus, generating significant increases in profitability. The Promotional Products Division (Resources Printing and Graphics or RP&G) has grown to represent 25%+ (or almost $500,000) of the overall revenue of Resources Printing & Graphics. According to one of the top market research reports for the Printing and Graphic Design Industry, www.ibisworld.com, the Printing and Graphic Design Industry generated over $76 billion in revenue in their report from August 2012. Mr. Thompson added, "as a smaller and growing company with low overhead and significant profit margins due to cheap costs direct from manufacturing plants that (RP&G) can be at the forefront of the industry." RP&G has some very reputable clientele worth noting. One at the top of that list being, BSH or Bosch and Siemens Household Appliances. BSH is the largest manufacturer of home appliances in Europe and one of the leading companies in the sector worldwide doing over 9.8 billion Euros in revenue a year and includes top brands such as Bosch Siemens, Gaggenau, Neff, Thermador, Constructa, Viva, Ufesa , Junker, Zelmer.
http://www.morrisanderson.com/images/uploads/documents/32311_Printing_in_the_US_industry_report.pdfhttp://www.morrisanderson.com/images/uploads/documents/32311_Printing_in_the_US_industry_report.pdf
Additionally, Mr. Thompson also notes that with this significant growth we have directed our focus on maintaining our shareholder value by keeping our share structure intact, as reported in our last 10q in which our share structure has still maintained as listed below. We have some major plans in store for the future of our business and are excited to share this value with our loyal shareholders.
- Outstanding Shares 327,192,551
- Float 111,095,027
- Authorized Shares 800,000,000
About REVI ;
Resources Printing & Graphics is a "Total Graphics" company with its roots in offset printing & direct mail. Our clients count on us for all their graphics needs, including offset printing, direct mail, promotional items, banners & posters, packaging, point of purchase, binders and more………. We have served customers nationwide for over 27 years, and now, we have our eyes on international markets….. Although based in Southern California and Colorado, our production plants are located across the US and in China.
Resources Printing & Graphics is ready for growth! Our model is simple, customer service is first, with the best quality products available and fast turnarounds. Resources Printing & Graphics is in the early stages of our new online print and graphics website "WikiClickPrint.com" You will simply take your artwork and upload it to the site or use our templates to create your own unique graphics, then place your order and in less than a week you will have your brochures, business cards, stationary or any of the 100+ products we offer. The Company is well positioned for significant future growth.
For additional Information:
Telephone: 888.497.REVI (888.497.7384)
Email: [email protected]
Web Site: http://www.resourcesprinting.com
Investor Information visit http://www.otcmarkets.com/stock/revi/quote
Safe Harbor Forward-Looking Statements To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, future collaboration agreements, the success of the Company's development, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made.
Investor Relations Contact; Bob Thompson 888.497.7384
SOURCE Resource Ventures, Inc.
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