Tulsa, Oklahoma - (NewMediaWire) - July 13, 2021 - RJD
Green, Inc. (RJDG):
RJD Updates Q3 results and Q4
Forecast.
Financial
Results for the Three Months Ended May 31, 2021, Q3.
§ The Company had three
months revenue of $1,086,646 and Net Operating Profit of $72,674 with cash of
$406,022 held in a bank and cash equivalents of $83,273 as of May 31, 2021.
·
The Company has monthly recurring revenues $358,580 with
$3,808,917 in assets and shareholder equity of $2,218,751 as of May 31, 2021.
Forecast
for the Three Months Ending August 31, 2021, Q4.
· Revenues are forecast at $1,125,000 with Net
of Profit of $103,500.
· Cash and cash equivalents are forecast at
$387,503.
RJD Green CEO Ron Brewer
stated,
“Due to the rapid increase in
construction raw material costs and more aggressive pricing from competitors
within the markets we service, Silex Holdings experienced a reduction in Net
Operating Profits in Q3. The revenues have remained strong and growing, and we
expect our normal profit margins to return in late calendar year 2021 or early
2022.
We expect to exceed 2020 in
revenue, but with 1.5% less Net Operating Profit due to additional cost for raw
materials and a decrease in pricing in the current markets that we service.”
Mr. Brewer further stated,
“We will be updating our
shareholders as negotiations conclude on two ongoing acquisition efforts that
are currently in progress.”
About
RJD Green, Inc.
The Company operates as a holding company with a focus of
acquiring and managing assets and companies. RJD Green operates in three
divisions: RJD Green Healthcare
Services Division, which holds interest in IoSoft Inc, a company that
provides discrete payment technologies, services and software that can be
integrated into targeted offerings for healthcare provider networks, hospitals,
healthcare environmental services and technologies; Earthlinc
Environmental Services Division, develops green technologies and
services for commercial and industrial sectors; Silex
Holdings Division, which is engaged in specialty construction and
industrial manufacturing and fills a market niche between the Home Depots and
local contractors. Silex offers installed granite/other counter tops,
cabinets and related products to the residential builder, commercial
contractor, remodel contractor and retail customer.
Visit http://www.rjdgreen.com
Forward-looking Statement:
This release contains
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. All forward-looking statements are inherently uncertain as
they are based on current expectations not to place undue reliance on these
forward-looking statements, which are only predictions and speak only as of the
date hereof. In evaluation such statements, prospective investors should review
carefully various risks and uncertainties identified in this release and
matters set in the company's SEC filings. These risks and uncertainties could
cause the company's actual results to differ materially from those indicated in
the forward-looking statements.
Company
Contact:
RJD
Green, Inc.
Ron Brewer, CEO
(918) 551-7883 / ronb@rjdgreen.com
Investor
Relations
Douglass Baker, OTC PR Group at corp@otcprgroup.com or
at (561) 807-6350