Casey Corp Announces Quarterly Update Review: Over $16M Revenues in Profitable Gold Sales

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Casey Corp

Feb 11, 2010, 05:00 ET

NEW YORK, February 11 /PRNewswire-FirstCall/ -- Casey Corp. (OTCBB: CCPR) (the "Company"), a recycler of precious metals, wishes to update its shareholders with a quarterly review.

In the third fiscal quarter, Casey Corp.'s through its ESM operating subsidiary, showed a positive cash flow and a net profit, with revenues in excess of $16 million.

Casey Corp.'s President and CEO, Mr. Eduard Musheyev notes, "Casey Corp. anticipates an increase in revenues in 2010. With new investment and a leveraging of our extensive knowledge of the gold market, the Company plans to expand the scope of ESM's activities, increasing our coverage of the supply chain and giving us access to potentially increased revenues and profitability."

About Casey Corp:

Casey Corp.'s, President and CEO, Mr. Eduard Musheyev, has over 30 years of experience in the gold jewelry market. During this time, Musheyev has set up and managed successful companies involved in manufacturing, retailing, and refining of gold jewelry.

Safe Harbor statement

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "should," "intends," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.

    Contact Information:
    CaseyCorp Enterprises, Inc
    Sergey Musheyev
    [email protected]
    phone: +1-212-3822404

    Investor & Media Relations Contact: [email protected]

SOURCE Casey Corp

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