FastFunds Financial Corp. (FFFC) Issues Update on Brawnstone Security Subsidiary
Today shortly after the opening bell, FastFunds Financial Corp. issued a press release to share a couple updates regarding its operating subsidiary, Brawnstone Security (Brawnstone) based in Canton, Ohio. Unaudited revenues year to date for the subsidiary have stabilized at approximately $64,000 per month totaling approximately $512,000 as of the end of last month. The company said it has been aggressively working on gross margin enhancement and expense reductions. Numbers will be reported in greater detail in the forthcoming Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2015. FastFunds Financial also pointed out that…