ADM Endeavors, Inc. (OTCQB: ADMQ) Provides New Building Update

Rhea-AI Summary

ADM Endeavors, Inc. (OTCQB:ADMQ) announced progress on its new building construction in Fort Worth, Texas. The erosion fence is installed, and deposits for structural materials have been made. CEO Marc Johnson highlighted that the new facility will quadruple production capacity and expand product offerings, aiming to attract larger corporate clients and enhance fulfillment services for influencers. Recently, the company's subsidiary, Just Right Products, reported sales exceeding $6.44 million over the last 12 months, showcasing its diverse product range.

Positive

• New building construction will quadruple production capacity.
• Facility expansion aims to attract larger corporate customers.
• Sales topped $6.44 million in the last 12 months.

Negative

• None.

FORT WORTH, Texas--(BUSINESS WIRE)-- ADM Endeavors, Inc. (OTCQB:ADMQ) is pleased to announce an update about their new building construction.

ADMQ new building construction update (Photo: Business Wire)

We continue to make progress with our new building. The erosion fence is now up and the deposit was made for the structural building materials to lock in our price. The plans are complete and we are prepared to build as fast as the city of Fort Worth will allow. ADM Endeavors CEO Marc Johnson said, “We are very excited about the new facility. It will quadruple our production capability and enable us to expand our product offering into other work wear segments. The added space will also allow us to offer fulfillment to attract larger corporate customers and better serve our YouTuber/Influencers merch line.”

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/20220517006061/en/

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

Investor Relations:

Andrew Barwicki | andrew@barwicki.com | 516.662.9461

Source: ADM Endeavors, Inc.

FAQ

What recent update has ADMQ provided regarding its building construction?

ADM Endeavors announced progress in building construction, with installation of erosion fences and deposits made for structural materials.

How will the new facility impact ADMQ's production capabilities?

The new facility is expected to quadruple ADMQ's production capabilities.

What financial performance did ADMQ's subsidiary report?

Just Right Products, ADMQ's subsidiary, reported sales exceeding $6.44 million over the last 12 months.

What are the future plans for ADMQ following the new construction?

ADMQ plans to expand its product offerings and attract larger corporate customers through the new facility.