Casey Corp Announces Quarterly Update Review: Over $16M Revenues in Profitable Gold Sales
February 11 2010 - 5:00AM
PR Newswire (US)
NEW YORK, February 11 /PRNewswire-FirstCall/ -- Casey Corp. (OTCBB:
CCPR) (the "Company"), a recycler of precious metals, wishes to
update its shareholders with a quarterly review. In the third
fiscal quarter, Casey Corp.'s through its ESM operating subsidiary,
showed a positive cash flow and a net profit, with revenues in
excess of $16 million. Casey Corp.'s President and CEO, Mr. Eduard
Musheyev notes, "Casey Corp. anticipates an increase in revenues in
2010. With new investment and a leveraging of our extensive
knowledge of the gold market, the Company plans to expand the scope
of ESM's activities, increasing our coverage of the supply chain
and giving us access to potentially increased revenues and
profitability." About Casey Corp: Casey Corp.'s, President and CEO,
Mr. Eduard Musheyev, has over 30 years of experience in the gold
jewelry market. During this time, Musheyev has set up and managed
successful companies involved in manufacturing, retailing, and
refining of gold jewelry. Safe Harbor statement Statements in this
press release that are not statements of historical or current fact
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the actual
results of the Company to be materially different from the
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements which
explicitly describe such risks and uncertainties, readers are urged
to consider statements labeled with the terms "believes," "should,"
"intends," "will," or "plans" to be uncertain and forward-looking.
The forward-looking statements contained herein are also subject
generally to other risks and uncertainties that are described from
time to time in the Company's reports and registration statements
filed with the Securities and Exchange Commission. Contact
Information: CaseyCorp Enterprises, Inc Sergey Musheyev phone:
+1-212-3822404 Investor & Media Relations Contact: DATASOURCE:
Casey Corp CONTACT: Contact Information: CaseyCorp Enterprises,
Inc, Sergey Musheyev, , phone: +1-212-3822404; Investor & Media
Relations Contact:
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