ADM Endeavors, Inc. (OTCQB:ADMQ) Announces Two More Government Contracts

Rhea-AI Summary

ADM Endeavors, Inc. (OTCQB: ADMQ) announced that its subsidiary Just Right Products, Inc. secured two new government contracts. The first is with Birdville ISD for catering staff, and the second is with Johnson County Corrections for its employees, totaling an annual revenue of approximately $80,000. CEO Marc Johnson highlighted a success rate above 80% for acquiring government bids, with Just Right Products receiving the highest quality score in the Johnson County bid evaluation report. The Company has seen consistent sales growth, hitting $5.1 million in 2020.

Positive

• Secured two government contracts valued at approximately $80,000 annually.
• Achieved a bid success rate greater than 80% for government contracts.
• Just Right Products received the highest quality score in evaluations.

Negative

• None.

ADM Endeavors, Inc. (OTCQB: ADMQ), announced today its wholly owned subsidiary Just Right Products, Inc. secured two more Government contracts. The first contract was from the Birdville ISD for all its catering staff. The second contract is from Johnson County Corrections for its employees. The contract also has four one-year renewal options. The annual revenue value of the two contracts is about $80,000.

ADMQ New Contracts (Photo: Business Wire)

ADM Endeavors CEO Marc Johnson said, “Bruce is doing great. He is performing at a success rate greater than 80% on acquiring government bids based on submissions to award ratios. Quality is a criteria we are very proud of. The Johnson County bid evaluation report had Just Right Products rated with the highest quality score. In most cases this score is derived for compiling reference reports from other government customers.”

About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing sales, with sales topping $5.1 million in 2020. 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.

• www.admendeavors.com
• www.fwpromo.com
• www.justrightproducts.com
• www.uscbdlogo.com
• www.facebook.com/groups/admqshareholders
• https://fortworth.academicoutfitters.com/

Forward Looking Statement:

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210713005932/en/

FAQ

What new contracts did ADMQ secure?

ADM Endeavors announced that Just Right Products secured contracts with Birdville ISD and Johnson County Corrections.

What is the annual revenue from the new contracts for ADMQ?

The new government contracts are expected to generate approximately $80,000 in annual revenue.

How successful is Just Right Products in acquiring government contracts?

Just Right Products has a success rate of over 80% in acquiring government bids.

What was the sales figure for ADMQ in 2020?

ADM Endeavors reported sales of $5.1 million in 2020.

What quality score did Just Right Products receive from Johnson County?

Just Right Products received the highest quality score in the Johnson County bid evaluation report.