On The Go. (OTCBB: OGHC)
Message from the CEO
On behalf of the entire team at On the Go Technologies, I welcome all of our shareholders and customers to our new Company directive. Our evolution to technology related concerns only came with great due diligence and consideration of the market’s entirety. The opportunities are indeed plenty in the sector and we look with great anticipation to our potential in the quarters to come.
As the Company is growing as a holdings entity, rather than as a singly-minded corporation, there are different forms of tech modus operandi within the parent to ensure that many areas are tapped and explored to their fullest. Additional acquisitions will serve to further strengthen that mandate.
Company fundamentals grow stronger every quarter. All Divisions are industry savvy and have earned the respect of billion dollar multinationals and renowned brand names, and will undoubtedly retain that for some time to come. Our Management team and Board of Directors has over 65 years combined experience in product R & D, manufacturing, IT and consumer brand named sales and marketing and technology advisory services.
All product descriptions and service accolades aside, consistency of revenue flow is the ultimate measure for many investors. On that front, On the Go’s numbers speak for themselves. The Company reported record revenues of US $3,012,902 for the fiscal year ended July 31, 2004. Fiscal 2004 results represented an increase of $2,921,318 or 3,190%, from fiscal 2003. The consistency of gains, including yearly increases of 674% (2001 to 2002), 20% (2002 to 2003), 3,190% (2003 to 2004) and a July 2005 upwards revisal of the 12 month revenue run rate to $32M+ – from estimates of $10 million, a increase of greater than 320%
With a Gross Profit margin of approximately 26% overall, On the Go’s revenues will have, from 2003 to their greatly anticipated 2005 year end result, successfully grown in excess of 6,500%. Bundle that with proceeds attributable to the further capitalization of those foundations built, and an aggressive acquisitions program, and you’ll find the Company’s financial future is well intact.
On the Go is, above all else, dedicated to its chosen sector and is committed to both the continued growth of its platform in terms of robust acquisitions, adding to its wealthy stable of IT concerns, and the investment wealth and happiness of its shareholders.
We look forward to many strong and profitable years to come, as we remain a company truly On the Go.
With best regards,
Stuart Turk
President & CEO
Source:
http://www.onthegohealthcare.com/pp.pdf
OGHC — On the Go Healthcare, Inc.
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