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Published byBrendan Booker Modified over 9 years ago
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Kolorfusion, International Stock Symbol :KOLR
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New High KOLR has traded at a new 52 week high for the third time in 7 days Over the past week the stock has traded as high as $1.08 One year ago the stock traded at 29 Cents.
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Kolorfusion Process Owns process patents for three- dimensional product decoration Process considered a major breakthrough for product finishing. Process transfers color and design onto almost any medium including plastic and aluminum no matter what the shape.
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Recent News On Sept 11, 2003 the company announced a resellers agreement with Roland DGA, a worldwide leader in fine art, photography, graphic arts, engraving and 3D modeling industries. This agreement is expected to increase revenues of Kolorfusion significantly.
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Revenues For 9 months ended March 2003 the company increased it’s revenues by $847,957 to $2,030,343 almost doubling, Increase due primarily to the addition of new clients and increasing acceptance of the company’s patented process.
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Expenses Company cost of sales for 9 mos increased slightly to $878,708 from $843,539 in 02 Selling, general,and administrative expenses for 9 mos increased slightly to $1,099,053 from $918,445 in 02 Profit margins expanded
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Profits The company reported a net profit of $156,755 or.01 per share compared to a net loss of $620,202 or (.03 ) loss per share.
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Atlanta Show Oct 14 KOLR recently announced it’s entry into digital graphic sublimation and will be a Gold Sponsor at the upcoming SGIA show.
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Website The company has opened an additional website offering it’s special services www.sublimationforum.com
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Thank You We want to thank you for viewing Shares in KOLR can be purchased through most nationally recognized brokerage firms
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