Good Morning Traders,
Richard Lloyd, CEO and co-founder of Diversified Global Holdings Group Inc., stated, “I am very encouraged with the progress we have made over the last 12 months. We completed our corporate restructure, closed on substantial acquisitions, enhanced our IT infrastructure, increased our asset base, and enhanced our service offering,
He continued, “Beginning with the second quarter of 2011, we are looking to focus on revenue growth and increased profitability, as we leverage the groundwork we laid in 2010 and of course continue our acquisitions strategy.”
Vadim Enikeev, Chairman and co-founder of Diversified Global Holdings Group, Inc., added, “Our focus in 2010 was to lay the foundation upon which we are now able to deliver the various services to our customers, and to offer competitive channels for handling large volumes of projects within our vertical business segments between the United States and Europe. We are looking to China as the next market for us to enter in 2011.”
8 Investment Highlights that makes this company stand out in Top OTCQB Companies.
(1) DGHG has the philosophy that guides them to create an environment where their subsidiaries expectations share the values and drive the decisions and behavior of DGHG’s entire organization. At the end of April DGHG reported 2010 Earnings: Record Revenues of $45,770,645 or $ .06 Per Share on $4,953,669 earnings over previous year. .
(2) Gross margin was $8,744,317 for the 2010 fiscal year compared to $430,361 for the same period in 2009.
(3) For the year ended December 31, 2010, revenues increased to $45,770,645 from $1,217,560, an increase of $44,553,085 from the prior year ended December 31, 2009.
(4) Gross margin was $8,744,317 for the year ended December 31, 2010, compared to $430,361 for the same period in 2009, representing an increase of $8,313,956 over the previous year. Gross margin was approximately 20% percent for the year ended December 31, 2010.
(5) The Company estimates that gross margins will steadily improve beginning the second quarter of 2011 with the scheduled completion of existing work projects and the addition of several more acquisitions contributing to estimated higher margins in line with its business plan.
(6) The Company reported net earnings for the year ended December 31, 2010 of $4,778,429, or a gain of $0.06 per share, compared to a net loss of $175,240 for the year ended December 31, 2009.
(7) We completed our corporate restructure, closed on substantial acquisitions, enhanced our IT infrastructure, increased our asset base, and enhanced our service offering, while growing revenues by 3,659%.”
(8) DGHG is looking to China as the next market for us to enter in 2011.”