Growth Stock News - On-line Pest Control Products Sales Company, RedwoodChemical.com Inc., Targeting Mixing Company Acquisitions
11 Mai 2005 - 4:00PM
PR Newswire (US)
Growth Stock News - On-line Pest Control Products Sales Company,
RedwoodChemical.com Inc., Targeting Mixing Company Acquisitions,
Private Label Product Offerings and Retail Stores Openings HOUSTON,
May 11 /PRNewswire/ -- Following the DGW Financial Ltd. (OTC Pink
Sheets: DGFJ) and RedwoodChemical.com, Inc. merger announcement,
RedwoodChemical.com releases information on corporate expansion
plans. The on-line pest extermination products sales and marketing
company (visit http://www.redwoodchemical.com/ ) has developed a
three-pronged growth program to build assets, expand sales
potential, increase revenues and enhance profitability. Richard
Markle, CEO of RedwoodChemical.com, stated, "The goal of the our
merger with DGW Financial Ltd. is to increase our access to capital
markets so that we can accelerate the corporate growth plan
developed over the last three years." Acquisitions -- Redwood plans
to acquire pest control product chemical mixing and blending
businesses. Many smaller, mostly family owned mixing companies can
benefit from consolidation, a success trend currently occurring in
the pest control chemicals industry. Redwood has initiated
negotiations and offered Letters Of Intent to acquire two
companies. One is based in East Texas and one is based in Southern
Louisiana. The buildings, equipment and inventory from these
acquisitions would significantly increase the corporate asset base
and revenues. Profit margins would also be increased by lowering
pest control product costs. Private Label Products -- The corporate
expansion plan includes increasing profits by establishing a line
of RedwoodChemical.com Private Label branded products. Mixing
company acquisitions represent a significant step towards achieving
this goal. The on-line sales web site has been operational for the
three years, providing a comprehensive, nation-wide knowledge of
customer's pest extermination needs and the top products in demand.
This information will be utilized to cost effectively introduce
selected Private Label products. Retail Stores -- Redwood plans to
take advantage of the nationwide boom in new home building and
sales of previously owned homes by enacting an aggressive
e-commerce sales program designed to sell products nationwide,
promote stores and present the Redwood stock investment
opportunity. The company plans to open retail stores in targeted
cities. The Texas cities of Houston, Dallas, Austin and San Antonio
have been investigated. New retail stores are being planned in
South Florida, Louisiana and Las Vegas, Nevada. Annual sales per
store are projected to be at least $600,000. In addition, on-line
pest control sales companies with regional retail stores will also
be targeted for acquisition. Pest control industry reports show a
strong consolidation and merger trend that Redwood can capitalize
on as a publicly traded company. About RedwoodChemical.com
Structured to succeed in today's economy, RedwoodChemical.com
represents a unique growth company that has been spun out from a
Houston, Texas based specialty chemical products formulator and
distributor established in 1948. Visit
http://www.redwoodchemical.com/redwood-profiles.htm for corporate,
growth and investment profile information. Customers can save money
on stronger, professional strength products that offer longer
lasting, residual power for killing ants, roaches, fleas, termites
and other pests. For a complete overview of pest control products
available visit http://www.redwoodchemical.com/pest-supplies.htm .
Safe Harbor Forward-Looking Statements: Statements contained in
this release that are not strictly historical are "forward-looking"
statements within the meaning of Section 27A of the Securities Act
of 1933 as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. The forward-looking statements are made based
on information available as of the date hereof, and the company
assumes no obligation to update such forward-looking statements.
Editors and investors are cautioned that such forward-looking
statements invoke risk and uncertainties and the company's actual
results may differ from these forward-looking statements. Such
risks and uncertainties include but are not limited to demand for
the company's products and services, our ability to continue to
develop markets, general economic conditions, our ability to secure
additional financing for the company and other factors that may be
more fully described in reports to shareholders and periodic
filings with the Securities and Exchange Commission. Contact:
Redwoodchemical.com, Inc. (281) 564-3700 e-mail
http://www.redwoodchemical.com/ DATASOURCE: RedwoodChemical.com,
Inc. CONTACT: Redwoodchemical.com, Inc., +1-281-564-3700, Web site:
http://www.redwoodchemical.com/
http://www.redwoodchemical.com/redwood-profiles.htm
http://www.redwoodchemical.com/pest-supplies.htm
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