And the pump and dump continues...
Dawson Science Corp. Releases Its Projected Earnings for Next 6 Months
RENO, Nev., June 27 /PRNewswire/ -- DAWSON SCIENCE CORP. (OTC BULLETIN BOARD:DWSC) has just released its projected earnings for the next 6 quarters. These projections are based on a recent Price Waterhouse audit and an analysis by a division of the Chinese government, as well as company goals.
For the third quarter ending September 30, 1997, the company estimates an earnings of $ .20 per share on $3,000,000 profits. Estimates for the fourth quarter ending December 31, 1997 are $.30 per share on $6,000,000 in profits.
The year 1998, with all financing in place and 5000 more vehicles on the road, the company estimates a profit of $50,000,000 or $1.67 per share.
This growth and earnings are made possible by recent securing of key licenses and permits to rent cars, operate taxi cabs and operate cargo trucks in major cities in China.
Mr. Wu, the President and CE0 of Dawson, states that, ``The response from the American investment community, particularly in New York, has been overwhelming. These projections will be met with their assistance in funding.''
SOURCE: Dawson Science Corporation
Contact: Janelle Smith of Dawson Science Corporation, 702-828-1313
More news for referenced ticker symbols: DWSC. |
