Stock Symbol STCC $.23
STCC Security Details are obtained from OTCMarkets.com
quarter and higher profit margins!
- Sterling went public on April 29, 2013 began trading under the symbol STCC
- STCC has been profitable for consecutive quarters since 2009
- Significantly improved Accounts Receivable to Accounts Payable ratio.
- Launched new website www.sterlingconsolidated.com
Revenues for the first quarter 2013 were $1,627,886
compared to$1,741,432 for the same period in 2012.
Gross profit for the first quarter of 2013 was
5 96,418 (36% profit margin), a slight increase
from $559,695 ( 32% profit margin) for the same
period in 2012.
pneumatic seals is highly fragmented and ripe
Our acquisition strategy is opportunistic and is focused on
companies with generational changes of ownership, where we
can provide investment capital for growth or leverage our
operation capabilities to drive value for all stakeholders.
Our deep bench of talent, core knowledge and
industry-leading expertise makes Sterling an excellent partner
for aging or opportunistic business owners that are seeking
an exit strategy or a business combination that can enhance
their return, accelerate future growth or drive greater
Visit their Website at: http://sterlingconsolidated.com/
In the months ahead, we will be aggressively pursuing a number of acquisition targets which we have previously identified. Furthermore, we will be creating an acquisition advisory board to assist us with identifying, examining and vetting potential targets as well as ensuring that our due diligence is comprehensive and precise.
While strategic acquisition will be the means by which we accelerate growth for years to come, we remain steadfast in our commitment to organic growth and consistent profitability. The combination of strong performance in our existing business and careful, yet aggressive execution of our external growth strategy will enable us to maximize value for shareholders today and in the future.
Sterling Consolidated Corporation
1105 Green Grove Road • Neptune NJ. 07753 • Phone: (732) 918-8004
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