DHS Research Group, a wholly owned subsidiary of DHS Industries declares revenues of $403,559 and a profit of $66,033 for the nine month period ended Sept. 30, 1996.ENCINO, Calif.--(BUSINESS WIRE)--Oct. 29, 1996--DHS Industries Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:DHSS DHSS (Brit) n abbr (formerly) (= Department of Health and Social Security) → Ministerium für Gesundheit und Sozialfürsorge ) Tuesday announced that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , DHS DHS Department of Homeland Security (USA) DHS Department of Human Services DHS Department of Health Services DHS Demographic and Health Surveys DHS Dirhams (Morocco national currency) Research Group ("DRG DRG, n the abbreviation for diagnosis-related group. DRG see dorsal respiratory group. DRG Diagnosis-related group Managed care A unit of classifying Pts by diagnosis, average length of hospital stay, and "), posted revenues of $403,559 for the first three quarters of 1996 ended Sept. 30, 1996. A net income of $66,033 was realized on those revenues. The subsidiary posted a total profit of $76,800 before deducting $10,767 for depreciation and amortization. Douglas Phillips, president, stated that: "the company feels that DRG is more than on target to meet projections of $500,000 in revenues for 1996 with a profit of $125,000. It is DRG's intention to acquire three to five similar entities in the next 12 months." DRG is a marketing research firm that specializes in focus groups, and is primarily engaged in acquiring smaller marketing research facilities enabling it to offer its clients a Worldwide Network of their services. DRG has conducted studies on products and services offered by companies such as General Motors, Chrysler, Ford, Colgate-Palmolive, Pepsi, Coca-Cola, Nabisco, American Airlines, Avis, Johnson and Johnson and many more national/international firms. -0- This material was prepared by International Buying Power Buying Power The money an investor has available to buy securities. In a margin account, the buying power is the total cash held in the brokerage account plus maximum margin available. Also referred to as "Excess Equity. Corp. ("IBP IBP (Fraunhofer) Institut für Bauphysik (Stuttgart, Germany) IBP Interactive Business Planner IBP Integrated Bar of the Philippines IBP International Buyer Program "), for the company discussed herein, based upon information supplied by the client or other sources believed to be reliable. The information contained herein is not guaranteed by IBP to be accurate, and should not be considered to be all inclusive. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell the securities. IBP, its affiliates, and/or its officers, directors and employees may from time to time have a position, long or short, in these securities and may profit from that position or may now or in the future enter into other business relationships with the company. CONTACT: International Buying Power Corp. 561/392-3404/Fax 561/392-4775 |
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