(Source: MARKETWIRE)
BlastGard International (OTCBB: BLGA) reported financial results for
the quarter ended September 30, 2009. Revenues for the third quarter
were $28,423 compared to $468,080 reported in the third quarter of
2008. For the third quarter of 2009, BlastGard International reported
a net loss of $114,553 or $(0.00) per share based on the weighted
average of 50,135,848 shares outstanding compared to a net loss of
$184,282 or $(0.00) per share reported in the third quarter of 2008
based on the weighted average shares outstanding of 40,771,101.
About BlastGard International, Inc.
BlastGard International, Inc. creates designs, develops, manufactures
and markets proprietary blast mitigation materials. The Company's
patent-pending BlastWrap(R) technology effectively mitigates blast
effects and suppresses post-blast fires. This unique technology is
being used to create new, finished products or to retrofit to
existing products. BlastWrap(R) is a market leading product from
which blast protection solutions are built to save lives and reduce
damage to valuable assets from explosions. Additional information on
BlastGard can be found at http://www.blastgardintl.com.
"Safe Harbor" statement under the Private Securities Litigation
Reform Act of 1995: Except for historical information, all of the
statements, expectations and assumptions contained in the foregoing
are forward-looking statements that involve a number of risks and
uncertainties. It is possible that the assumptions made by management
are not necessarily the most likely and may not materialize. In
addition, other important factors that could cause actual results to
differ materially include the following: the Company's ability to
market its products; the Company's ability to obtain additional
funding; the Company's ability to obtain regulatory approvals on new
products, the general economy; competitive factors; ability to
attract and retain personnel; the price of the Company's stock; and
other risk factors. The Company takes no obligation to update or
correct forward-looking statements.
Company Contact:
BlastGard International, Inc.
Michael J. Gordon
(727) 592-9400
SOURCE: BlastGard International, Inc.
A service of YellowBrix, Inc.
