GDVI – (OTCBB: GDVI)
StockGuru Profile GDVI
Global Diversified Industries, Inc. located in Chowchilla, California. GDVI’s emphasis has, and will continue to be the manufacturing of pre-fabricated/modular type buildings for the California educational market. Single and two story classrooms, computer and science laboratories, child care facilities, libraries, restrooms, and administrative offices define the education production line that GDVI can provide. In California the passage of Proposition 55 provided over $12.3 Billion in bonds that will be available for campus modernization and related facility expenditures.
Look at the Numbers:
Revenues for the fiscal year ending April 30, 2004 were $3.8 million. Revenues for the fiscal year ending April 30, 2005 were $9.8 million. Revenues for the fiscal year ending April 30, 2006 exceeded $14.9 million.
Facts:
- Global Diversified employs over 140 people.
- 100,000 square foot manufacturing facility is located on 16 acres in the City of Chowchilla, the geographic center of California.
- GDVI serves both Southern and Northern California marketplace
- Over 70% of California classrooms are over 20 years old.
- It is estimated over 40,000 new classrooms are required to meet current enrollment demands.
Competition – What Competition?
Over the past 24 months, three of the eight major manufacturers of modular structures with approved California Department of State Architects (DSA) building plans have ‘closed-their-doors” and ceased production operations (Aurora Modular, Turnkey Schools and Eco Building Systems). The present supply shortage is REAL. Global Diversified is the single best positioned company to provide the quality modular product our public school system currently demands and needs.
Stay tuned as we examine this industry and Global Diversified’s place within it! Source: Newswire via FistCall via ComTex
Global Diversified Industries, Inc.
Phil Hamilton, CEO
1200 Airport Drive
Chowchilla, CA 93610
Website: http://www.gdvi.net
Phone: 559-665-5800
About Global Diversified Industries, Inc. Global Diversified Industries, Inc. is a holding company whose subsidiary Global Modular, Inc. is engaged in the modular construction marketplace with an emphasis on educational projects. It incorporates the latest in construction software, allowing them to better manage projects incorporating cost vs. profit ratios, construction and manufacturing schedules, purchasing, receiving and other facets of industrial management. The Company’s work is found in Northern and Southern California, with numerous projects on budget for school systems throughout the state. This release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future.
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