Emerging Products Development Group Inc.
Emerging Products Development Group, Inc.: Emerging Products Development Group Announces Financial Projections for 2011 through 2015, including Forecasting a pre-tax Profit of $12 Million for 2012
Emerging Products Development Group, Inc. / Key word(s): Forecast/Miscellaneous 26.09.2011 / 17:30 --------------------------------------------------------------------- Emerging Products Development Group Announces Financial Projections for 2011 through 2015, including Forecasting a pre-tax Profit of $12 Million for 2012 September 26, 2011: Boca Raton Florida- Emerging Products Development Group, Inc. (WFI), a developer and global distributor of Nutraceutical products, announced the Company's financial projections for 2011 through 2015. According to Lisa Krinsky, Emerging Products Development Group CEO, 'We project revenues of approximately $35.0 million in 2012 and up to $212.0 million in 2015. We expect key drivers of growth to be the introduction of new products and new flavors, increasing distribution in our current markets, rapid expansion into global markets, completing accretive acquisitions and leveraging our time-release intellectual property both in-house and through licensing.' Ms. Krinsky went on to say that, 'Our new products include DynaCalm, our soon to be released sleep aid, followed by our weight loss supplement, our sports recovery shot, and our immune booster. In addition, we are actively seeking accretive acquisitions to expand both our product lines and our manufacturing capabilities. Also, be on the lookout for our new flavors: DynaPep Cherry Bomb and DynaPep Grape Balls of Fire!' 2011 Revenue/Sales: $10M Net Profit before taxes: $3M Net Asset Value: $10M Number of Shares: 100M 2012 Revenue/Sales: $35M Net Profit before taxes $12M Net Asset Value: $28M Number of Shares: 110M 2013 Revenue/Sales: $84M Net Profit before taxes: $33M Net Asset Value: $70M Number of Shares: 125M 2014 Revenue/Sales: $141M Net Profit before taxes: $48M Net Asset Value: $100M Number of Shares: 150M 2015 Revenue/Sales: $212M Net Profit before taxes: $71M Net Asset Value: $150M Number of Shares: 165M About Emerging Products Development Group: EPDG, is a Canadian based holding company listed on the Frankfurt Exchange (Frankfurt: WFI) that is focused on developing and distributing Nutraceutical products on a global scale. Presently the company owns DynaPep Corporation, which is the developer, manufacturer and distributor of DynaPep(R) Energy, the world's first Energy Micro-Shot, and is reviewing opportunities to expand organically and through the acquisition and distribution of additional patented or proprietary products. For more information, please go to: http://www.epdgusa.com. FORWARD LOOKING STATEMENTS This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Emerging Products Development Group and its subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including anticipated financial results; future acquisitions; any statements concerning expected development, performance or market share relating to current or future products and services; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. EPDG assumes no obligation and does not intend to update these forward-looking statements Contact Information: Lisa Krinsky, 877-447-0082 Fax: 561-447-0057 Email: lisa@epdgusa.com www.epdgusa.com End of Corporate News --------------------------------------------------------------------- 26.09.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 140383 26.09.2011
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