BGI (GM) (USOTC:BGII)
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From Jul 2019 to Jul 2024
BGI, Inc. (OTC Pink Sheets: BGII) today released
unaudited December 31, 2004 and 2003 financial statements and results.
Revenue increased 56% to $2,294,175 for the year ended December 31,
2004 as compared to $1,469,020 for the year ended December 31, 2003.
The company recorded Net Income of $466,497 for the year ended
December 31, 2004 as compared to a Net Loss of $122,554 for the year
ended December 31, 2003. Earnings per share was $0.04 for the year
ended December 31, 2004 as compared to a loss of $0.01 for the year
ended December 31, 2003. The unaudited financial statements may be
viewed at www.pinksheets.com or on the Company's website
www.bgicorp.com.
Bill Schwartz, President and CEO commented "The whole team at BGI
is very proud that we were able to turn the Company around and post
great results in 2004. We hope to continue the success into 2005."
He added, "We are planning to release timely quarterly financial
statements going forward in order to keep our shareholders better
informed."
Statements that BGI may publish, including those in this
announcement that are not strictly historical, are "forward-looking"
statements made under the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking statements
are inherently unreliable and actual results may vary. Factors which
could cause actual results to differ from these forward-looking
statements include but are not limited to changes in the competitive
marketplace, changes in the regulatory environment and economic
conditions. The Company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
About BGI, Inc.
BGI, Inc. (http://www.bgicorp.com) is a gaming company that
designs, distributes and markets sweepstakes-driven gaming products.
The Company's primary products -- the Charity Station sweepstakes
machine and the Lucky Strike Phone card machine - use a sweepstakes
game as an incentive to help non-profit organizations raise funds and
sell phone cards, respectively. BGI, Inc. was founded in 1994 and has
offices in Austin, Texas. The Company currently trades on the OTC Pink
Sheets under the symbol BGII.