ADM Endeavors, Inc. (OTCQB: ADMQ) Irving ISD RFP Awarded

Rhea-AI Summary

ADM Endeavors, Inc. recently announced that Irving ISD awarded Just Right Products a contract for student school uniforms under RFP #22-60-881, effective from May 25, 2022 to May 24, 2023, with an option to renew until May 24, 2026. This contract is significant as Just Right Products has reported sales exceeding $6.44 million in the last 12 months. The company operates a diverse business model in the Dallas/Fort Worth area, offering a wide range of branded products.

Positive

• Awarded student uniform contract from Irving ISD, enhancing revenue opportunities.
• Reported sales of over $6.44 million for the last 12 months, indicating strong business performance.

Negative

• None.

FORT WORTH, Texas--(BUSINESS WIRE)-- ADM Endeavors, Inc. announced today that Irving ISD has awarded Just Right Products RFP #22-60-881 for the Purchase of Student School Uniforms. The start date of this award is May 25th, 2022 and stays in effect until May 24th 2023. The district has an optional annual renewal that could extend the award through May 24th, 2026.

Irving ISD RFP Awarded (Graphic: Business Wire)

About ADMQ: Since 2010, our wholly owned subsidiary, Just Right Products, Inc., has been consistently increasing sales, with sales topping $6.44 million for the last reported 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.

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

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/20220527005381/en/

ADM Endeavors, Inc. | info@admendeavors.com | 817.840.6271



Investor Relation:

Andrew Barwicki | andrew@barwicki.com | 516.662.9461

Source: ADM Endeavors, Inc.

FAQ

What is the significance of the contract awarded to ADMQ by Irving ISD?

The contract awarded to ADMQ's subsidiary, Just Right Products, for student school uniforms marks an expansion of their revenue sources and demonstrates the company's capability to secure government contracts.

When does the contract awarded to Just Right Products commence and end?

The contract commences on May 25, 2022, and is set to end on May 24, 2023, with an option for annual renewal through May 24, 2026.

How have ADM Endeavors' sales performed recently?

ADM Endeavors has reported sales exceeding $6.44 million for the last 12 months, reflecting consistent growth in their operations.

What is the relevance of RFP #22-60-881 in ADM Endeavors' recent press release?

RFP #22-60-881 is the request for proposal under which Just Right Products has been awarded the contract for providing school uniforms, a key development for the company's business strategy.

What type of products does Just Right Products, a subsidiary of ADMQ, offer?

Just Right Products offers a variety of branded items, including uniforms and promotional products, operating a vertically integrated business model.