Business
RJD Green Announces Financial Results for the Three Months Quarter 3 Ended May 31, 2020
RJD Green Announces Financial Results for the Three Months Quarter 3 Ended May 31, 2020.
About this update from Rjd Green Inc.
[{"type":"text","content":"\n Tulsa, OK, July 20, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- RJD Green, Inc. (RJDG) announced results for the three months ended May 31, 2020, and updates shareholders. Dear Valued RJD Green Shareholders, As we have announced our financial results for the three months ended May 31, 2020, RJD Green’s management team would like to take the opportunity to update all existing and potential shareholders with the latest information on developments with the company. Please be advised – this letter is not a substitute for reviewing our press releases and SEC filings. Some of this update is opinion – so be sure to note the forward-looking statements disclosure. We wanted to simplify the complexity and put our latest news items in context and keep you updated on our activities and events that may not rise to the level of a press release or SEC filing. We continue to work diligently to execute our business model to create a substantive holding company with a focus of acquiring and managing assets and companies.  In the current economic climate, we remain very diligent in conserving our liquid assets. The Company currently has reengaged in acquisition discussions searching for companies that symmetrically meet our program, and that are flexible in creating a win-win acquisition structure during these volatile economic times. RJD Green operates in three divisions. Financial Results for the Three Months Ended May 31, 2020 §  The Company has nine months revenue of $3,227,224 and cash of $352,749 held in a bank and cash equivalents of $48,298 as of May 31, 2020.  The Company has monthly recurring revenues $358,580 with $401,104 of working capital and shareholder equity of $1,128,320 as of May 31, 2020. All items of financial performance are higher than May 31, 2019 despite working in a pandemic economic environment. Recent Corporate Highlights: Silex Holdings Inc.  RJD Green subsidiary, Silex Holdings Inc., has continued to establish its long-term revenue growth through three additional focuses:  Commercial and multi-family projects awarded within a four-state region are maintaining a $1,000,000 backlog to date. High-end custom home market in both of their metropolitan regions continue to increase offering a more significant revenue and gross profits from the home builder sector&#...