Kesselring Holding Shows 200 Percent Increase and Approves 19.5 for 1 Forward Stock Split
Kesselring Holding Corp. (OTCBB: KSSH) recently announced a 200 percent increase in revenue for the six-month period ended March 31, 2007, as compared to the same period in 2006.Ken Craig, Kesselring CEO, said the revenue hike from $2.2 million to $6.7 million was largely due to the acquisition of the King Group on July 1, 2006. "Our ongoing operating performance improved substantially compared with the previous year's six months as a result of strong organic growth and the acquisition of the King Brothers Woodworking Inc. and King Door and Hardware Inc.," Kesselring explained in a press release. In addition, the…