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ADM Endeavors, Inc. (OTCQB:ADMQ) Announces Million $ Record
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Rhea-AI Summary
ADM Endeavors, Inc. (OTCQB: ADMQ) reported record monthly sales of $1,125,672.58 for its subsidiary Just Right Products, Inc. in August 2021, surpassing $1,000,000 for the first time. This significant achievement marks an important milestone as 2020 sales stood at $5,134,924.79. CEO Marc Johnson expressed surprise at reaching this figure without the anticipated need for a new facility. The company operates in various sectors, including retail sales and customizable products.
Positive
Achieved record monthly sales of $1,125,672.58 in August 2021.
First time sales exceeded $1 million in a single month.
Total sales over the last 12 months reached $5.6 million.
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None.
FORT WORTH, Texas--(BUSINESS WIRE)--
ADM Endeavors, Inc. (OTCQB: ADMQ), announced today that record company monthly sales have been achieved by its wholly owned subsidiary Just Right Products, Inc. August monthly sale were $1,125,672.58. This is the first-time sales have exceeded $1,000,000 in a single month. Considering total 2019 sales were $3,821,105.81 and total 2020 sales were $5,134,924.79; this is a substantial milestone for the company. August 2021 have not been reviewed by a third party. They are based solely on the recorded sales.
ADMQ Announces Record Growth (Graphic: Business Wire)
ADM Endeavors CEO Marc Johnson said, “I am on the inside and I never dreamed we would do one million sales in a single month this quickly. I believed we would have to wait for our new facility to achieve this awesome milestone. I guess I was wrong. These numbers are a direct result of the great team we have and the wonderful customers that continue to bless us with their orders. I congratulate everyone at our company and say thank you."
About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing sales, with sales topping $5.6 million over the last 12 months. The Company sells “Anything With A Logo” on its website, www.JustRightProducts.com, developing products ranging from unique business cards to coffee cups, T-shirts to boots, with tens of thousands of other unique products from which to select. Just Right Products, Inc. operates a diverse vertical integrated business in the Dallas/Fort Worth area, consisting of a retail sales division, screen print production, embroidery production, digital production, import wholesale sourcing, and uniforms.
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Any statements that are not historical facts contained in this press release are "forward-looking statements" that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Words such as “strategy,” “expects,” “continues,” “plans,” “anticipates,” “believes,” “would,” “will,” “estimates,” “intends,” “projects,” “goals,” “targets” and other words of similar meaning are intended to identify forward-looking statements but are not the exclusive means of identifying these statements. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions or economic conditions with respect to the retail industry, the COVID-19 pandemic, the performance of management, actions of government regulators, vendors, and suppliers, our cash flows and ability to obtain financing, competition, general economic conditions and other factors that are detailed in our filings with the Securities and Exchange Commission. We intend that all forward-looking statements be subject to the safe-harbor provisions. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.