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BlastGard International Reports Second Quarter 2009 Results

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CLEARWATER, FL--(Marketwire - August 14, 2009) - BlastGard International (OTCBB: BLGA)
reported financial results for the quarter ended June 30, 2009.

Revenues for the second quarter were $707 compared to $8,324 reported in
the second quarter of 2008. For the second quarter of 2009, BlastGard
International reported a net loss of $194,577 or $(0.00) per share based on
the weighted average of 46,765,900 shares outstanding compared to a net
loss of $387,717 or $(0.01) per share reported in the second quarter of
2008 based on the weighted average shares outstanding of 40,013,544. Our
ability to continue as a going concern requires the immediate raise of
capital from the sale of capital stock, debt borrowings and/or immediate
revenues from operations. We can provide no assurances that we will be able
to raise capital from the sale of our capital stock or borrow money on
terms satisfactory to us, if at all, or obtain sufficient cash flow from
operations.

About BlastGard International, Inc.

BlastGard International, Inc. creates designs, develops, manufactures and
markets proprietary blast mitigation materials. The Company's
patent-pending BlastWrap® technology effectively mitigates blast effects
and suppresses post-blast fires. This unique technology is being used to
create new, finished products or to retrofit to existing products.
BlastWrap® is a market leading product from which blast protection
solutions are built to save lives and reduce damage to valuable assets from
explosions. Additional information on BlastGard can be found at
http://www.blastgardintl.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act
of 1995: Except for historical information, all of the statements,
expectations and assumptions contained in the foregoing are forward-looking
statements that involve a number of risks and uncertainties. It is possible
that the assumptions made by management are not necessarily the most likely
and may not materialize. In addition, other important factors that could
cause actual results to differ materially include the following: the
Company's ability to market its products; the Company's ability to obtain
additional funding; the Company's ability to obtain regulatory approvals on
new products, the general economy; competitive factors; ability to attract
and retain personnel; the price of the Company's stock; and other risk
factors. The Company takes no obligation to update or correct
forward-looking statements.

 

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