SOURCE: Golden Age Resources

November 15, 2012 08:00 ET

Golden Age Resources, Inc. (GDAR) Posts Net Operating Profits in the Third Quarter, 2012

PALM BEACH GARDENS, FL--(Marketwire - Nov 15, 2012) - Golden Age Resources, Inc. (PINKSHEETS: GDAR) posted its Third Quarter ending September 2012 results on November 12, 2012. For the first quarter in several years, a consolidated net operating profit of $23,664 resulted. The profit picture returned as a result of a decision by management earlier in the year to diversify its core business into Internet Technology. With technologies such as Social Media and Mobile Applications, GDAR has successfully entered this market and is excited about the future growth. GDAR has Consolidated sales for the third quarter sharply increased to $123,680. The GDAR team, through its wholly owned subsidiary, Griffin Holdings and IT Solutions, Inc., feels very comfortable within the demands of the market and is very optimistic in both internal growth through its products and services, as well as external growth through additional acquisitions and merger possibilities, which are currently being pursued.

"The future is bright and we feel shareholder values are progressively going to rise both short and long term," stated Robert C. Griffin, President and CEO.

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules.  All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties.  There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Contact Information

  • Contact:
    Chrissi Suttman
    Phone: (561) 472-2933

    7711 N. Military Trail
    Palm Beach Gardens, FL 33410
    Phone : (561) 472-2933
    Fax: (561) 472-2938