Podium to focus on increasing bottom line

10 Dec '07

2 min read

Podium Venture Group Inc's projected revenues for November 2007 are $75,000.

"Podium's growth since the 3rd Quarter has been phenomenal,” said Rob Loud, President of Podium Venture Group. “The addition of Coastal Broadband and Noh Limits has increased the bottom line and they have outperformed forecasts.

These acquisitions have helped build a solid foundation for the company to grow on. The company has succeeded in growing the gross revenues at a significant pace and now it is time to focus on increasing the bottom line."

"Coastal Broadband is slated to have another record revenue month in November 2007. Project and routine revenues combined should put Coastal Broadband in the position to have the highest gross revenue month in the history of the company.

This coupled with Coastal's efforts to install as many as three new distribution points in the near future and potentially take over another municipal wireless system in the first quarter or 2008 continues to demonstrate Coastal Broadband's ability to drive growth and earnings,” stated Ron Ham, President of Coastal Broadband.

“The acquisition by Podium Venture group has provided Coastal Broadband with the capital funds necessary to add system capacity and increase customer counts driving growth and earnings. Coastal will close out 2007 as a record year for earnings and 2008 is looking very promising at this point."

Podium Venture Group Inc

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