Ablaze Technologies Announces Earnings Guidance for Third Quarter.HOUSTON -- In accordance with the Company's policy to update guidance if it is reasonably certain that earnings per share, on either a quarterly or an annual basis, will be outside published estimates, Ablaze Technologies, Inc. (Pink Sheets:ABZT) announced today that earnings from continuing operations continuing operations Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the for the third quarter 2006 are expected to be greater than those earned in the second quarter, but less than the Company's banner first quarter. The Company expects to announce final results reflecting sales, profitability, and shareholder equity gains for the quarter ending September 31, 2006 no later than October 15, 2006. Darrel Uselton, 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. stated: "Our financial performance for the first quarter far exceeded our expectations and the second quarter was a little disappointing with the volatility and new competition that we experienced, but we are seeing good improvement in third quarter operations over second quarter results. Additionally, we are researching acquisition opportunities which would diversify the Company's business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets and smooth some of the volatility in our revenues and earnings. Our current business model is highly sensitive Adj. 1. highly sensitive - readily affected by various agents; "a highly sensitive explosive is easily exploded by a shock"; "a sensitive colloid is readily coagulated" to the general direction of the stock market, and we'd like to diversify operations in other areas not so affected by market volatility. We're still very excited to have proven our profitable business formula utilizing non-invasive online marketing however. We're also committed to sustaining our debt free and profitable status while pursuing aggressive revenue growth." Ablaze Technologies, through its OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Services unit, operates an online investment news network, as well as provides numerous non-invasive, web-based marketing services, primarily to other OTC traded public companies, assisting in brand marketing and investor relations Investor relations The process by which the corporation communicates with its investors. initiatives for those clients. The Company typically receives cash and/or marketable securities Marketable Securities Very liquid securities that can be converted into cash quickly at a reasonable price. Notes: Marketable securities are very liquid as they tend to have maturities less than one year, and the rate at which these securities can be bought or sold has as fee income for services, and often participates in structured financing transactions with those public company clients as well. For full details about Ablaze Technologies, Inc., current and prospective investors may view the Company's reports, financial statements, and disclosures by visiting the Company's website at www.AblazeTech.com. To access FREE Level II Quote Montage montage (mŏntäzh`, Fr. môNtäzh`), the art and technique of motion-picture editing in which contrasting shots or sequences are used to effect emotional or intellectual responses. , just request a regular quote on Pinksheets.com for ABZT or visit this URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.pinksheets.com/quote/quote.jsp?symbol=abzt. Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise. |
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