World Homes, Inc. Announces 2002 Fiscal Projections
LAS VEGAS, Feb 6, 2001 /PRNewswire via COMTEX/ -- World Homes, Inc. (OTC Bulletin Board: WHME) ("World Homes") announces its fiscal 2002 earning projections. World Homes, Inc. forecasts gross profit in fiscal 2002 of $30,000,000 on gross sales of $480,000,000 based upon the recent contracts and letters of intent.
Chairman Merle Ferguson states, "World Homes is coming full circle and is looking forward to rewarding our loyal stock holders with a significant earnings outlook. I cannot thank our shareholders enough for their patience and support."
New president and CEO Jon Nicolaisen states, "We look forward to this enormous undertaking. The entire executive team is ready to focus all of our skills and energies in reaching this target. We will be relying heavily on our suppliers, foreign governments, and the labor force they provide us. However, the numbers we presented are attainable. We will spend the next five months gearing up for July, 2001 production."
World Homes provides revolutionary building techniques for the construction of affordable fireproof and earthquake proof housing using the proprietary material Z MIX. Z MIX, a cementitious product, combines bentonite, diatomaceous earth and shredded tires to create a lightweight building material that significantly reduces the time and cost of constructing a house. The Company currently holds patents on Z MIX.
For information on World Homes, Inc., please visit the Web site theworldhome.com. For further information please contact Rich Kaiser of Yes International, Inc., 1-800-631-8127, for World Homes, Inc.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1955: Certain information contained in this release contains forward-looking statements that involve risks and uncertainties, including but not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and market competition.
SOURCE World Homes, Inc.
CONTACT: Rich Kaiser of Yes International, Inc., 800-631-8127, for World Homes, Inc.
URL: theworldhome.com prnewswire.com |
