Thursday, 24 January 2013

CEMATRIX Pouring Record First Quarter

CEMATRIX Corporation
CVX - TSX Venture
Shares issued: 33.4 million
Fully diluted: 36.7 million

CEMATRIX is planning a record year in revenues, and if its start to the year is any indication of what the rest of 2013 will look like, it just may have its way.

Because of seasonality, the Company doesn't normally expect much out of Q1. In 2012, CEMATRIX sales in the first quarter were $300,000.  Today it was announced that out of the $3.9 million so far under contract this year, up to 70% of that will be poured by the end of March.

The Company expects to sell over $10 million of its specialty product this year which, if completed, would put it well into profitability.