TVIN...(OTC BB .15) low risk...good potential...traded about 150k so far today and up a few pennies...read whole release for qtr then i put a sample type of order they receive from the armed forces...also profitable last year with significant uptick in rev and profit::
(COMTEX) B: TVI CORP - Record Revenue and Continuing Profitability for S
B: TVI CORP - Record Revenue and Continuing Profitability for Second Quarter
New York, New York, Aug 08, 2001 (Market News Publishing via COMTEX) -- TVI
Corporation announced Wednesday that its revenues for the quarter ending June 30
had exceeded one million dollars, the first such quarter in many years.
Unaudited financial results for three and six month periods ending June 30, 2001
and 2000 were as follows:
3 mos 2001 3 mos 2000 6 mos 2001 6 mos 2000
Revenue $ 1,032,079 $ 654,765 $ 2,026,217 $ 1,502,072
Cost of Goods 515,317 312,897 1,024683 692,072
Gross Profit 515,762 341,868 1,001,534 810,000
S,G,&A
Expense 233,318 212,441 622,408 432,262
Operating
Income
(Loss) 184,484 129,427 379,126 377,738
Other Income
(Expense) 00 102,644 00 102,644
Option
Exercise
Expense (20,750) 00 (20,750) 00
Net Interest
Expense (627) (2,524) (10,567) (4,862)
Net Income $ 163,107 $ 229,547 $ 347,808 $ 469,076
Earnings per
share .006 .009 .014 .019
Shares
Outstanding 25,246,035 24,401,307 25,246,035 24,401,307
Allen Bender, TVI's CEO, noted that second quarter results had met budget and
were consistent with previous quarters' results. "We continue to concentrate on
developing new revenue streams while maintaining our historical markets," he
said.
Mr. Bender noted that the company's strategic development plan had been
discussed at the Annual Meeting on June 6, and that minutes of the meeting were
available on the company's website on the Internet.
The company noted that revenues were higher as a result of continuing acceptance
of its Counter Terrorism products and specifically its mass casualty
decontamination equipment. Sales of thermal products remain depressed due to
severe funding limits at the ranges.
Mr. Bender noted that detailed quarterly financial data including management's
discussion and analysis will be included in Form 10-QSB to be filed shortly with
the SEC. The report will be available from EDGAR on the Internet.
TVI is a leading manufacturer of quick erect tents and signage, casualty
decontamination systems, and thermal targets. Its stock trades on the OTC
Bulletin Board under the symbol TVIN. More information is available at the
company's website at www.tvicorp.com.
CONTACT: TEL: 301/352-8800 TVI Corporation, Allen Bender
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.
(C) 2001 Market News Publishing Inc.
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KEYWORD: New York, New York
*** end of story ***
(COMTEX) B: QUICK ERECT TACTICAL SHELTERS Solicitation
B: QUICK ERECT TACTICAL SHELTERS Solicitation
July 18, 2001 (FIND, Inc. via COMTEX) --
NOTICE TYPE: Solicitation
NOTICE DATED: 071701
OFFICE ADDRESS: USPFO for Virginia, Attn: VAPFO-P, Building 316, Ft. Pickett, B
ZIP CODE: 23824
SUBJECT: 54 - QUICK ERECT TACTICAL SHELTERS
SOLICITATION NO.: SOL DAHA44-01-T-0031
RESPONSE DEADLINE: DUE 073101
CONTACT: POC Susan Quinn, Contract Specialist, 804-298-6293
NOTICE TEXT: The Virginia Army National Guard, Ft. Pickett, Blackstone, VA has
need for 4 tents: 3 each 9' wide x 17.5' long and 1 each 9' wide x 21' long,
equivalent to models manufactured by TVI Corporation. To include: articulating
frame for instant erection and striking without tools, poles or power; exterior
and interior cladding for durability, habitability, and thermal efficiency;
collapses into compact and lightweight pack for easy transport & storage; sturdy
frame with hangers for lighting, emergency equipment; UV stabilized and fire
retardant cladding; anodized aluminum frame; wind, rain & snow compliant; one
piece design pre-assembled by factory with side entrances & HVAC ports; fabric
construction facilitates positive or negative interior air pressure; unit
includes shelter, transport bag, ground cloth & anchor kit. Solicitations may be
requested by facsimile at (804) 298-6202 or by email at:
susan.quinn@va.ngb.army.mil. All requests for the solicitation must include the
following information: POC, address, phone, fax, DUNS #, cage code and tax-ID.
Registration with CCR is required for award of this contract. All quotes are due
no later than 2:00 pm on 31 July 2001. susan.quinn@va.ngb.army.mil -
george.herndon@va.nbg.army.mil RECEIVED: (W-198 SN50S0W9) Issue No. PSA-2893
CONTACT: 804-298-6293
Copyright (c) 2001: FIND, Inc.
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INDUSTRY KEYWORD: BLD
SUBJECT CODE: DFC
54
--
Prefabricated
Structures
and
Scaffolding
*** end of story *** |
