RJD Green Inc. Management Discusses Second Quarter Results
TULSA, OK–(Marketwired – April 20, 2017) – RJD Green (OTC PINK: RJDG), Discusses their Q2 results and expected future activity.
RJD Green Inc. announced its result for the second quarter 2017. Management stated revenues were $779,765 with net operating profit of $72,772. Noteworthy items that occurred:
Silex Holdings — revenue and profitability was affected by seasonal weather and manufacturing expenditures that will reflect revenue in March and April. The next six month period is historically the largest revenue period for Silex. March results reflected a 33.5% increase in revenue from the second quarter with a net operating profit of 35.6%.
IOSOFT Inc. — made great strides by procuring multiple medical provider and medical payer accounts, which will implement the IOSOFT proprietary payment management and processing software platform. iosoft has been in the beta testing process with accounts, and is now moving to full operation implementations with these accounts over the next 30 & 60 day periods. Because of the elongated launching stage, substantive revenues will begin in May and June of 2017. The Company has reduced the 2017 revenue and profit projects to $3,879,596 and $2,837,886. 2018 and 2019 projections remain as they were fulfilling the significant revenues projected.
Equitas Group LLC — on February 27, 2017 agreed to retire the convertible debenture note totaling $329,889 for 16,494,450 shares with a share value of $0.02. RJD Green stock structure as of February 28, 2017 is 209,175,119 with 84,832,488. This leaves RJD Green with no corporate loans.
Auditing will commence within two weeks, once completed RJD Green will file to become an OTC.QB reporting company. The expected time for completion is four months.
Ron Brewer, CEO of RJD Green Inc. states, “Although the process of reaching significant monthly revenues in IOSOFT has had set backs, the launching has allowed us to become even more excited about reaching our defined economic goals. Multiple health care providers and payers have come forward confirming the abilities of the proprietary software and the validity of the revenue growth IOSOFT will see in 2018 & 2019.”
Brewer further states, “we delayed the launch of the Animal Waste project until late 2017 in order to decrease capital needs until the Company is situated as a fully reporting OTC.QB. We feel the funding opportunities will be more favorable than our current position. At this time the Company continues to fund our needs internally.
We also delayed consummating two acquisitions for the same reasons. We are now going back into discussions in regard to completing our first significant acquisition in the environmental sector, and enhancing the Silex Holdings total revenue steam significantly through an acquisition. Our goal is to stage these acquisitions around our reporting status change.”
About RJD Green Inc.
The Company operates as a holding company with a focus of acquiring and managing assets and companies. RJD Green operates in three divisions: RJD Green Healthcare Services Division, which owns IoSoft Inc, a company that provides discrete payment technologies, services and software that can be integrated into targeted offerings for healthcare provider networks, hospitals, healthcare payers and individual providers: Earthlinc Environmental Services Division, which provides green environmental services and technologies; Silex Holdings Division, which is engaged in specialty construction and industrial manufacturing and fills a market niche between the Home Depots and local contractors. Silex offers installed granite/other counter tops, cabinets and related products to the residential builder, commercial contractor, remodel contractor and retail customer. Visit http://www.rjdgreen.com
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
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As previously stated in March 28th press release, RJD Green Inc.(RJDG) is taking the first steps in the move forward to up listing to the OTCQB
The engagement of Zwick & Banyai, LLC, which excels in small-cap auditing and have a long-term track record of excellence in this arena, is a major move in the right direction for RJDG.
The Company will continue to provide timely information in regards to the continued progress and events of RJD Green and its three operating divisions during this important and exciting year.
RJD Green (RJDG) recently announced that the Silex Holdings division was awarded several new commercial contracts in the neighboring state of Arkansas.
The contracts total $220,000 in revenue. Additionally four other projects have been quoted and are in discussion in the Northwest Arkansas quadrant.
These commercial contracts awarded Silex, continues the revenue progression in their commercial business segment, and reflects geographic expansion.
RJD Green (RJDG), also reported January contracts of over $400,000 in revenue and the sale of their first franchise. With the launching of the Silex franchising opportunity, the company can continue to implement their growth plan for Silex Holdings by expanding market segments, and creating a faster growth rate of revenues and profitability.
We are asking all of our subscribers to pull up RJDG on your trading screen immediately!
With this latest news and the recent announcement of their other subsidiary, loSoft executing a major marketing agreement with PlutoXPay LLC, to provide a new platform of payment services to their healthcare provider clients, putsRJDG in a great position.
This is a major development for RJD Green (RJDG), based on historical industry standards, revenue performance could be greater than $30,000,000 annually.
This agreement with PlutoXPay, a venture of A & G Healthcare a premier provider of cost containment services to healthcare providers nationally is a major game changer for RJDG.
Sales & revenues of this marketing agreement are expected to be initiated in the next month.
The national healthcare services market for the IOSOFT platforms and services is over two trillion dollars annually.
They are a holding company focused in three divisions, which create high-growth enterprise opportunities while offering diversity of markets.
- RJD Green Health care Services Division – services and technologies reflecting five-year growth
- Earthlinc Environmental Services Division – green environmental services and technologies
- Silex Holdings Division – specialty construction and industrial manufacturing and installation
The RJDG focus is economically advantageous acquisitions within emerging growth entities or companies in need of restructure, where immediate growth and excellent potential returns are transparent.
RJDG recorded 23.3% increase in revenue and over 500% increase in net operating profit over 2015 fiscal year-ending.
The dramatic increase in revenues and net operating profit reported for 2016, along with the anticipated IoSoft Inc. accelerated revenues beginning in second quarter of 2017, has prompted the RJD Officers and Directors in also taking the first steps in the restructuring and retirement of debt in 2017
RJD Green is focused in three initial high-growth enterprise opportunities that offer diversity in separate recession resistant markets that each offer rapid-growth in recessive resistant markets.
RJD has developed a business model that utilizes the health care industry experience and extensive industry relationships of RJDG’S management and team. The team has long-term relationships with many key providers within the service sectors of the health care industry.
Earthlinc Environmental Solutions was formed to bring forward green applied technologies and offer environmental services with a focus in North America, providing performance driven solutions for environmental based issues in both corporate and small business needs.
Silex Holdings Inc. was formed for the purpose of acquiring and managing high growth assets and business enterprise. Silex Holdings is focused on acquisitions in specialty niche industrial contracting, and building material products and services.
The corporate management team is well versed in each of the three areas of focus. Each of the three corporate officers are individually, directly responsible for the successful operation of one of the individual divisional efforts; as well as their corporate duties.
RJD Green is focused on creating a successful and enjoyable business opportunity that creates ongoing shareholder value growth. For the business enterprise partners that join with RJD, the focus is to maximize their business potential through the public company capital resources advantage, and the benefit of having an additional management partner to assist with vision and fulfilling success in each operation.
This year (RJDG) announced that IOSOFT, Inc. a division of RJD Green Inc., has been retained by a multinational travel and hospitality payments company, to provide “best in class” payment technology for United States operations.
The Companies have executed non-disclosure agreements and will begin trading technical specifications and trade secret information. Although not in the healthcare payments industry, this multinational corporation hopes to gain a foothold in the $4 trillion travel and hospitality market. It has chosen IOSOFT for its experience and deep institutional knowledge and its well-known technical expertise in virtual payment processing.
RJD Green announced their first franchise sale of the Silex Interiors, an operation of the Silex Holdings Division of RJD Green Inc. As part of the $600 billion dollar construction industry sector, Silex Holdings Division looks to expand its market presence with the launch of their franchise segment. As a franchiser, the ability to expand will require far less capital and provide faster growth, increased profitability, and increased organizational leverage.
On February 14, 2017 Silex Holdings Division was awarded four commercial contracts for over $400,000 in revenue to be completed in the 2017 fiscal year. Silex Holdings, has also recently executed a major sales agreement with national home builder D R Horton. Silex has provided natural stone counter tops and related products to D R Horton for the Oklahoma City regional market for eighteen months. As part of the newly executed agreement, Silex will begin providing cabinets and installation of cabinets to D R Horton within the same market.
On May 23, 2016 RJD Green announced that the Animal Waste Management Division of the Company has entered a letter of intent to utilize our proprietary technology to address the environmental issues of commercial meat farms on two locations. The implementation process is tentatively scheduled for fourth quarter of 2016.
RJD Green successful strategy and execution is providing a positive growth trajectory!
Ron Brewer, Chief Executive Officer of RJD Green Inc., stated, “We continue to focus on increasing sales while being mindful of our expenses and ensuring the company will remain financially stable to support our short and long term business plan.”
RJD Green’s corporate management team has a success history in both public and private arenas. The corporate team has diverse enterprise experience that includes the three current market sectors of focus; healthcare services, environmental and construction/industrial services. They are supported by a strong industry-experienced team in each endeavor engaged.
RJDG matches appropriate investment participation with the projects being brought forward insuring best results for both the enterprise growth and financial reward.
The corporate overhead is maintained at minimal operating cost, with each corporate officer and team member maintaining daily management responsibility for specific operating divisions and entities within our holdings; as well as the corporate duties assigned. The team participates in performance based rewards ensuring the staff and ownership goals are synonymous. They are committed to long-term value and wealth creation.
Each acquisition and asset is operated as a separate profit center with the recognition that in small business operations, proficiency and frugal budgeting are required to maximize profitability. The RJDG team excels in working collaboratively with their business partners creating common efforts for reaching mutual reward from its relationships.
UPDATES TO FOLLOW….