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Flame Seal Products, Inc Announces 90% Growth In First Quarter Sales
Flame Seal Products, Inc Announces 90% Growth In First Quarter Sales.
About this update from Flame Seal Products Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nFlame Seal Products, Inc Announces 90% Growth In First Quarter Sales\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nFlame Seal Products, Inc Announces 90% Growth In First Quarter Sales\n\nStrong growth trends continue in spite of winter slow-down in Construction and Shipping\n\nPR Newswire\n\nHOUSTON, April 9, 2013\n\n\n\n\n\n\n\nHOUSTON, April 9, 2013 /PRNewswire/ -- FLAME SEAL PRODUCTS (OTCPink: FLMP) gross sales for the Quarter ending March 31, 2013 were up 90% compared with the First Quarter of 2012, and up over 52% compared with the Fourth Quarter of 2012. The growth trend which began in December is continuing, primarily in the Spray Foam Insulation Market with the Company's premier product, Flame Seal-TB. \n\n\nFirst Quarter sales totals were $592,798 (the strongest quarter to date), compared to $311,858 for the First Quarter a year ago. Fourth Quarter 2012 gross sales totaled $388,229. Further, the Company has already received projections from Contracting Firms in key markets totaling over $500,000 over the next 60 days. These are provided to alert Flame Seal of upcoming requirements, including the volume and dates for production planning. This is to assure all delivery requirements will be met, and the more difficult raw materials can be acquired uninterrupted, to avoid problems which commonly occur during periods of very high sales growth as is being experienced by Flame Seal at this time. These in-hand projections, plus the day-to-day sales that will occur during the period, strongly indicate an ever increasing growth rate for the second quarter. \n\n\nFrom the President: \n\n\n\"Hello fellow shareholders. As we all can see, the Company is firmly on a positive track. There are three indicators that imply these trends will not only continue, by gain momentum. (1) The December growth occurred in spite of the fact that December is traditionally a very slow month for Construction related businesses due to the weather and holidays. Yet, Flame Seal experie...