Published:
Advanced Growing Systems, Inc. Surpasses $1,100,000 in Gross Revenue in February
Company Begins Posting Month-Over-Month and Year-to-Date Revenue; Results by the 15th Day of Each Month
Beginning today, Advanced Growing Systems,
Inc. (PINKSHEETS: AGWS) will release month-over-month and year-to-date
revenue comparisons to achieve transparency and investor awareness on a
monthly basis.
Revenue in February of 2007 was $548,405 as compared to zero revenue in
February of 2006 because the company had not begun formal operation until
early April 2006. Year-to-date revenue was approximately $1.1 million and
it is important to note that February's average daily sales in 2007
increased 10.4% over January's average daily sales in 2007.
Jon Hammond, President of Advanced Nurseries stated, "While management is
very pleased with these initial results which exceeded our expectations,
both divisions of Advanced Growing Systems, Inc. (Advanced Nurseries, Inc.
and Organic Growing Systems, Inc.) operate in industries that are dominated
by Spring and Fall seasons. Winter has basically passed and we are rapidly
heading into our busiest season. Company wide sales for the first week of
March have already surpassed $300,000." Jon Hammond further stated, "Our
Marietta site is scheduled for its grand opening in the third week of
March, which will greatly improve our revenue growth opportunities."
Chris Nichols, President and CEO of Advanced Growing Systems stated, "Solid
and strategic growth is paramount to our overall plan. We attract and
retain industry professionals with a proven track record of success and
provide them with the tools and freedom necessary to drive the business.
Our employees come to us with many different backgrounds, views and styles.
The key is for us to positively exploit the best of each. Furthermore, we
work hard to develop and maintain an entrepreneurial spirit and when you
visit any of our branch locations it shows."
About AGWS:
Advanced Growing Systems, Inc. ("AGSI" or the "Company"), founded in 2006,
is the parent company of Organic Growing Systems, Inc. (a scientifically
advanced Organic fertilizer manufacturer) and Advanced Nurseries, Inc. (a
wholesale group of Commercial Nurseries located in the Southeastern US).
AGSI is dedicated to providing its shareholders significant value and is
directly involved in the $48 Billion fertilizer market and the $66 Billion
Green Industry. AGSI was founded by a skilled group of industry
professionals each with over 20 years of direct experience in the "Green"
industry. As profitability is paramount, we intend to maintain a combined
GPM of 35-40% for Organic Growing Systems, Inc. and Advanced Nurseries,
Inc. For more information, please visit www.AGSIncorporated.com.
In order to receive regular updates on AGWS, please click on the following
link:
http://www.b2i.us/irpass.asp?BzID=1435&to=ea&s=0
FORWARD-LOOKING STATEMENTS:
Statements about AGSI's future expectations, including future revenues and
earnings, and all other statements in this press release other than
historical facts are "forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as the term is defined in the Private Litigation
Reform Act of 1995. AGSI's actual results could differ materially from
expected results. AGSI undertakes no obligation to update forward-looking
statements to reflect subsequently occurring events or circumstances.
Should events occur which materially affect any comments made within this
objective; AGSI will appropriately inform the public.
Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
Daily News
Tags: ,Lifestyle and Leisure:HomeandGarden, RealEstateandConstruction:ResidentialRealEstate, TravelandHospitality:Hotels, ,INTHPINK,INTHPINK,GA,ALPHARETTA, GA
_ _Is your favorite bookmark site missing?
Ask for it.