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BlastGard International Reports Second Quarter 2008 Results
CLEARWATER, Fla., Aug 14, 2008 (BUSINESS WIRE) -- BlastGard International (OTCBB:BLGA) reported financial results for the quarter ended June 30, 2008. Revenues for the second quarter were $8,324 compared to $11,320 reported in the second quarter of 2007. For the second quarter of 2008, BlastGard International reported a net loss of $387,717 or $(0.01) per share based on the weighted average of 40,013,544 shares outstanding compared to a net loss of $1,321,743 or $(0.04) per share reported in the second quarter of 2007 based on the weighted average shares outstanding of 33,844,970. About BlastGard International, Inc.
BlastGard International, Inc. creates designs, develops, manufactures and markets proprietary blast mitigation materials. The Company's patent-pending BlastWrap(R) technology effectively mitigates blast effects and suppresses post-blast fires. This unique technology is being used to create new, finished products or to retrofit to existing products. BlastWrap(R) is a market leading product from which blast protection solutions are built to save lives and reduce damage to valuable assets from explosions. Additional information on BlastGard can be found at blastgardintl.com. |