Aug 2nd 2011, 16:33 MLS MiLOS Designs
by firstdesigns Milos
MLS Posts Dividend to Shareholders
Dear Shareholders,
Below is a link to the July 2011 Financials:
https://spreadsheets.google.com/spreadsheet/pub?hl=en_US&hl=en_US&key=0AkT05yzFcPpUdG8tRTdWMTBmYXNkdVVoZlc4SWZFUUE&output=html
July resulted in another good stable Month.
Development has seen a number of older product ranges being declassified and effectively written off from the total MiLOS product list. This will allow me to focus on our current range and to increase the effectiveness of these products. I'm also aware of the time that it takes to bring the products to market.
During August I will be focusing on the Hippo Vend system and ensuring that all available products are in their vendors. This will enable me to increase the number of franchise packs that we have available.
Performance
July resulted in a Net Profit of L$47,637. This is not increasing in the manner that I would have hoped but it has keep stable.
Revenue for July came in at L$53,589 (In-Store Sales L$3,371, XStreet Sales L$45,587, Franchise Sales L$4,631).
July 2011 will see a dividend of L$50,000 and this will be paid shortly.
Please feel free to email me at Milosdesigns@gmail.com if you have any queries or questions relating to the performance of MiLOS Designs
Kind Regards,
firstdesigns MiLOS
Chief Executive Officer - MiLOS Designs
Dividend Report
| Total Amount of Dividend | L$50,000.13 |
| Number of shares outstanding | 2000000 |
| Dividend per share | 0.025 |
Dividend posted successfully, and all shareholder accounts have been credited.