Airborne Security and Protective Services, Inc. (PINKSHEETS: ABPR) Release Results for March 31, 2011 and Outlines 2012 Plans
June 16 2011 - 10:26AM
Marketwired
Airborne Security & Protective Services (PINKSHEETS: ABPR)
recently published the 2010 financial statements and its quarterly
results through March 31, 2011 and outlined plans for the next
year, 2012.
Airborne has shown a significant increase in revenue, with
receipts increasing from $66,900 for the period ending March 2010
to $1,374,000 for the period ending March 31, 2011. The company has
also significantly reduced its convertible debt in part by selling
Sorbik's, a non core business affiliated with Quality restaurants.
The company was sold for an assumption of some debt.
Jerry Deutsch, Airborne's Founder and Chairman, noted, "Airborne
looks forward to growth and increased revenues with a strong bottom
line. We have been exploring various marketing strategies in order
to increase our revenues and return value to our shareholders. In
the last year we have been able to achieve our growth by securing
additional long term contracts and we intend to continue to secure
additional contracts in the next year. Our clients, investors and
employees should know that we plan to position our resources for
maximum customer service and shareholder value."
Airborne Security & Protective Services,
Inc. ("Airborne Security"), a Florida corporation, provides
professional armed and unarmed security
services to commercial and residential
properties and companies in South Florida under state license
number B-2700095. Airborne Security's
Management team has over 30 years of collective experience in the
private contract guard services industry. The Company offers its
service offerings statewide with the strategic intent to expand
nationally. The Company also offers monitoring and
integrated services utilizing CCTV technology, and access control
systems to its clients.
This press release contains "forward-looking" statements as that
term is defined by Section 27A of the Securities Act of 1933, as
amended, (the "Securities Act") and Section 21E of the Securities
Exchange Act of 1934, as amended, (the "Exchange Act"). All
statements that are included in this press release other than
statements of historical fact are "forward-looking" statements.
Although Airborne Security and Protective Services, Inc. believes
that the expectations reflecting in these forward-looking
statements are reasonable, it can give no assurance that such
expectations will materialize. Important factors could cause actual
results to differ materially from the expectations as disclosed
herein, including without limitation, in conjunction with these
forward-looking statements contained in this press release.
Contact: Airborne Security and Protective Services, Inc. Jerry
Deutsch 305 573 0441 www.airbornesecuritycorp.net
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