Abazias.com Announces 10K Filing; Record Sales and Tight Operations Confirm Online Diamond Company's Plans on Target.GAINESVILLE, Fla. -- Abazias.com enjoyed record sales of $2.06 million in 2004 with an increase in gross profit of nearly 140% from 2003. Furthermore, Abazias.com reports insignificant operational losses of only $8,890 dollars for the year, excluding non-cash items. "The fact that we are nearly operationally profitable at such a low run rate, proves our commitment to the bottom line," commented Oscar Rodriquez, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Our annual cash burn rate was approximately $250,000. That is less than most CEO salaries," Rodriguez further commented. An innovator, Abazias.com has been a part of the online diamond industry as a public company since October 2003, setting the pace for larger entities such as Blue Nile Blue Nile, Arab. Al Bahr al Azraq, river, c.1,000 mi (1,600 km) long, the chief headstream of the Nile, rising in Lake Tana, NW Ethiopia, at an altitude of c.6,000 ft (1,800 m). . To further review Abazias.com's performance, please refer to the 10K-SB which is available online. Plans for 2005 include aggressive investor relations Investor relations The process by which the corporation communicates with its investors. through professional associations including SmallCapVoice.com and Friedland Capital, Inc. Groups. Additionally, Abazias.com continues to promote the company through consumer public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most and strategic marketing alliances including a current promotion with Conde Nast Publications Lucky Magazine. Abazias.com has created a strong customer following based on customer service and site innovations that let shoppers create their own jewelry. In addition to delivering quality diamonds at wholesale prices, Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. About Abazias.com Abazias.com features one of the largest certified loose diamond databases in existence with a database of over 60,000 diamonds, valued at over $350 million. Most of Abazias.com diamonds are GIA Noun 1. GIA - a terrorist organization of Islamic extremists whose violent activities began in 1992; aims to overthrow the secular Algerian regime and replace it with an Islamic state; "the GIA has embarked on a terrorist campaign of civilian massacres" , AGS AGS American Geriatrics Society. or EGL EGL Enterprise Generation Language (IBM) EGL European Gemological Laboratory EGL Elegant Gothic Lolita (Japanese fashion) EGL Energy Grade Line EGL Eagle Global Logistics, Inc. certified. Abazias.com offers the Couples Diamond which is required to meet even higher standards for cut, clarity and dimensions. Abazias.com is also a full-service jeweler offering a large selection of settings for stones purchased. For more information, visit www.abazias.com or call 800-603-9940 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion