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Microcap & Penny Stocks : SCOTTS LIQUID GOLD - NYSE sym SGD - Beats OPTIONS!
SGD 0.248+10.3%Dec 18 3:59 PM EST

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To: J R KARY who wrote (192)7/17/1998 1:51:00 PM
From: J R KARY  Read Replies (1) of 222
 
6 mos loss 0.23/shr - (3) new product lines to launch

1998 Revenues down about 20 %:

" Net sales for the six-month period ended June 30, 1998 approximated $22.6 million, versus net sales of approximately $26.2 million in the corresponding period of the previous fiscal year.

A net loss of $2,364,900 ($0.23 per share) was recorded for the first half of 1998, compared with prior-year net income of $952,900 ($0.09 per share).
"

biz.yahoo.com

Revs are a disappointment and may be attributed to the distraction of the family lawsuit , but (3) new product lines are coming :

" We plan to introduce two new lines of skin care products during the third quarter, both of which are designed for markets which we consider under-served by ourcompetitors.

Our Belleza Latina line of skin care products is specifically designed for the Hispanic market, while Alpha Hydrox Retinol Night ResQ line represents the first retinol-based skin care product to be sold through mass merchandisers under an agreement with Advanced Polymer Systems, Inc.

We have also developed certain products which should help diabetics cope with cuts, bruises and dry skin problems, but we will probably not begin to market these products until the
fourth quarter of 1998.
"

Hang in .

Jim K.
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