Bernstein/Leibstone & Associates Inc. announces year end March 31, 1996 results and updates.RIVIERA BEACH Riviera Beach (rəvēr`ə), resort city (1990 pop. 27,639), Palm Beach co., SE Fla., on Lake Worth (a lagoon); inc. 1922. Research and development firms are located in the growing city. , Fla.--(BUSINESS WIRE)--Nov. 7, 1996-- Bernstein/Leibstone & Associates Inc. (BB:BLAI BLAI Brown Leaf Area Index ) Thursday announced that on Nov. 4, 1996 the company filed their Form 10K with the SEC for the year ended March 31, 1996. -0-
Highlights from the 10K and comparisons:
March 31, 1996 March 31, 1995
SUMMARY BALANCE SHEET DATA
Cash & Cash Equivalents $ 14,457 $ 5,488
Total Assets $ 3,238,605 $ 207,736
Current Liabilities $ 1,497,905 $ 16,209
Total Shareholders Equity $ 812,698 $ 191,527
Revenues $ 3,233,096 $ 4,371
Net Loss $ 0.03 $ 0.03
The company's primary operating group is ClearShield and its subsidiaries which are 57% owned by the company. ClearShield's principal product is a transparent storm shutter (1) An opaque window that is moved in one direction to let light in and in another to close off the light. In fixed-lens cameras, one shutter often suffices for aperture and speed. assembly that is lightweight and of relatively simple construction, and capable of sufficiently resisting direct impacts from windborne debris debris /de·bris/ (de-bre´) fragments of devitalized tissue or foreign matter. In dentistry, soft foreign material loosely attached to a tooth surface. during a storm. The company manufactures the `state of the art' hurricane panels in its 19,000 s.f. facility in Riviera Beach. ClearShield distributes primarily through 121 dealers throughout the Southeast United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and through the Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box . ClearShield sells through 14 Home Depot stores in Florida. CONTACT: Darrell L. Peterson, Chief Executive Officer 800/385-1335 |
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