Hallmark Venture Group, Inc. Exceeds Profit Projection

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Feb 16, 2010, 07:00 ET

VILLA PARK, Calif., Feb. 16 /PRNewswire-FirstCall/ -- Hallmark Venture Group, Inc.(Pink Sheets: HLLK) announced today that they have exceeded their profit projection for the first six months of their fiscal year, ending December 31, 2009.

The Company earned a net profit of $21,312 for the six month period on revenues of $43,000. The Company also received as compensation for services 630,000 shares of publicly traded common stock. The value of the stock based on the current bid price is $528,000. This represents total earnings of 20 cents a share.

Hallmark Venture Group, Inc.'s president, Robert L. Cashman, stated: "I'm pleased that our Business Plan is now fully developed and we can look forward to significantly greater profits as our portfolio of companies matures."

Hallmark Venture Group, Inc. is a mini-venture fund, investing in small to medium sized companies that have the potential to grow rapidly and benefit in being a public company.

Hallmark Venture Group, Inc. stock is traded on the OTC Pink Sheets under the symbol HLLK. For more information, look up the Company's web site at www.hallmarkventuregroup.com or contact Robert Cashman at 714-538-5214 or [email protected].

The information contained herein contains certain forward looking statements within the meaning of Section 27A of the Securities Act, as amended and Section 21E of the Securities Exchange Act as amended and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward looking information are reliable any of the assumptions could prove inaccurate and therefore there could be a difference between the actual and the predicted results.

SOURCE Hallmark Venture Group, Inc.