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Article: Secured Financial Network Subsidiary Provides 4th Quarter Revenue Guidance.(Financial report)
- Article from:
- Business Wire
- Article date:
- October 8, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FORT LAUDERDALE, Fla. -- Secured Financial Network, Inc. (OTCBB: SFNL) President and CEO, Jeffrey Schultz, announced today that its wholly owned subsidiary, RedFin Network, Inc. ("RedFin Network"), has sufficiently increased its pending order log to be able to provide 4th quarter revenue guidance.
Jeffrey Schultz stated: "Based on the rate of orders and our pending order log I am pleased to report that The Company anticipates total revenues for the 4th quarter to exceed $400,000. This increase in revenue is due to accelerating sales and greater acceptance in the processing industry of our robust PCI Compliant Payment Gateway, the Blue Bamboo hardware sold in the ...