American Fire Retardant Corp. On Track for Record Month in Contracts.Business Editors SAN DIEGO--(BUSINESS WIRE)--July 16, 2001 American Fire Retardant fire retardant Public health A chemical used to resist combustion, which may contain polybrominated biphenyls and antimony oxide Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AFRC AFRC Air Force Reserve Command (formerly AFRES) AFRC Armed Forces Revolutionary Council (Sierra Leone) AFRC Agricultural and Food Research Council (United Kingdom) ), a fire protection company that specializes in fire prevention and fire containment is pleased to announce today that the company is on track to have a record month in contracts. For the first half of the month of July, American Fire Retardant Corp. has received over $500,000 in written and verbal contracts verbal contract an agreement made verbally for the provision of goods or services in return for a consideration, in veterinary practice usually in the form of money. . "We are 25% ahead of last year's revenues," stated American Fire Retardant Corp. President Stephen Owens. "We have also identified acquisition opportunities within our industry and are looking at other revenue streams that would enhance shareholder value. We are extremely excited about Q3 and Q4 and the potential growth of our company," added Owens. About American Fire Retardant Corp. American Fire Retardant Corp. is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant chemicals. The company provides fire resistive resistive /re·sis·tive/ (re-zis´tiv) pertaining to or characterized by resistance. finishing services through its "Textile Processing  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Center" for commercial users. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations. 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. for Forward-Looking Statements: Except for historical information contained herein, the statements in this new release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. There can be no assurance that the share price of "AFRC" will increase with continued revenues or acquisitions. |
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