THE STOCK WIZARDS FOCUS LISTS INCLUDES: (OTCBB: DTRO) Deltron, Inc. (OTCBB: BSOM) Todays Alternative Energy Corp. (OTCBB: ZVTK) Zevotek, Inc. (OTCBB:IFXY ) Infrax Systems Inc. (OTCBB: CCTR ) China Crescent Enterprises, Inc.
Stop by Our Website at http://www.TheStockWizards.net Get The Right Information on How To Profit From Trading Small Cap Stocks.
Receive Our Hot OTC Newsletter Put out Every Weekend Highlighting Penny Stocks, Small Cap & Micro Cap Stocks before They Breakout. The Hottest weekend Newsletter Around. Win a Free iPAD sign up now! http://bit.ly/wttemail
+++++++++++++++++++++++
(OTCBB: DTRO — Deltron, Inc.)
CURRENT NEWS!!
Deltron’s Manufacturing Business Generates $2.03 Million in Revenue, $127,700 in EBITDA
GARDEN GROVE, Calif., Jun 30, 2010 — Deltron, Inc. (OTCBB:DTRO) is pleased to report strong financial performance for its manufacturing business. In 2009 Deltron’s wholly owned polyurethane manufacturing company generated $2,032,000 in revenue and $127,700 in earnings, before interest, taxes, depreciation and amortization (EBITDA). Deltron believes the division will significantly increase revenue and production this year given its improvement in year over year sales.
Wholly owned subsidiary Elasco, Inc. is an engineered plastics and polyurethane molding and manufacturing company that has been in business since 1979. Elasco has a highly efficient production facility in Southern California. The company provides complete design and manufacturing services including prototype work, mold and tooling design, manufacturing, proprietary polymer mixing, custom casting and plastic injection molding.
Elasco has built a successful business producing recreational and industrial products for a wide range of customers and applications. The company makes products for the recreational roller skate and skateboarding markets including high performance wheels and components sold to original equipment manufacturers (OEMs). Elasco has established a leadership position in this growing niche market. The company also produces a variety of industrial products used in assemblies and machinery where a long lifecycle is required. Products include fire hydrant seals, exercise equipment rollers, and bowling pin setter pads and liners.
Henry Larrucea, Deltron CEO, commented: “Deltron is proud of Elasco’s solid 2009 financial results. We believe sales and revenue will increase throughout this year. Elasco has ramped up to meet increasing demand from existing customers, brought in new business and received very exciting inquiries from potential new customers.”
About Deltron, Inc. (DTRO.OB)
Deltron acquires profitable businesses with strong management teams, substantial revenue and established market positions. Wholly owned subsidiary Blu Vu is a developer of proprietary closed circuit rebreather technology and components that go beyond conventional scuba systems to enable commercial and recreational divers to go deeper, stay underwater longer and recover faster. Wholly owned Elasco is a proven innovator in product manufacturing with a 30-year operating history, diverse customer base and vertically integrated manufacturing facility in Garden Grove, California.
Technical Outlook:
DTRO Looks to have put in a technical double bottom on the charts. This is the 2nd time it has come down to the .02 area for a retest. Double bottoms are a great for a trade because you can measure risk in the trade. Read the rest of this entry »
