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Sancon to Present at FSXOne Conference in Dallas, TX.


SHANGHAI, China -- Sancon Resources Recovery Inc (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:SRRY SRRY Sorry ) a growing industrial waste recycling company in China, will be presenting at the FSX FSX Flight Simulator X
FSX Financial Services Exchange
FSX Fire Support Execution
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 (Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 Exchange, Inc.) investors conference in Dallas, TX on Friday January 26th, 2007. The company is seeking exposure from a captive audience of NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 member firms that FSX has been bringing to their conferences for the past 24 years.

Sancon recently announced a profitable third Quarter, and expects to see continued growth through 2007. Highlights from the audited Q3 2006:

* Third quarter revenues grew 721% to $1.59 million from $0.19 million for the same period of 2005.

* Gross profit increased to $0.21 million from $0.07 million for the same period of 2005.

* Net income was $53,098 compared with net loss $27,076 for the same period in 2005.

* Fully diluted di·lute  
tr.v. di·lut·ed, di·lut·ing, di·lutes
1. To make thinner or less concentrated by adding a liquid such as water.

2. To lessen the force, strength, purity, or brilliance of, especially by admixture.
 EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format.  for the third quarter 2006 rose to positive $.003 from negative ($.002) for the third quarter of 2005.

The company's three divisions are headed by an experienced management team and are fully on track with revenue targets. There is strong demand for plastic production and for recycled materials in China. In 2005 exports of plastic products from China exceeded $10 billion and China imports more than eight million tons of recycled plastic materials each year. Sancon is positioned to achieve 1% of the total national imports over the next two years, which would triple current production and output.

Today, Sancon serves many industrial clients throughout Asia and Australia and supplies more than 25,000 tons of recycled industrial waste materials annually to its customers in China. The use of recycled materials is both environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1]  and an important part of the competitive manufacturing process to lower raw material costs. The high cost of raw materials as a byproduct by·prod·uct or by-prod·uct  
n.
1. Something produced in the making of something else.

2. A secondary result; a side effect.

Noun 1.
 of soaring oil prices for Chinese manufacturers has created tremendous demand for recycled waste materials generated by developed countries. For more information visit: www.sanconinc.com.

FSX hosts quarterly investment conferences around the country, providing opportunities for networking and one-on-one communication between independent broker/dealers and companies seeking exposure or funding. FSX is the oldest, most established U.S. forum for independent broker/dealers, and has raised over $1.5 billion for its presenters in the past 24 years. FSX conferences also provide a forum for direct investment programs, mutual funds, and asset management companies. For more information visit: www.fsxone.com.

Forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
:

The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 17, 2007
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