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Firemans Contractors Shareholder Update and Strategic Plan for 2014
FORT WORTH, TX--(Marketwired - Dec 18, 2013) - Firemans Contractors, Inc. (OTCQB: FRCN) a Franchisor and commercial contractor provides shareholder update and strategic plan for 2014.
Renee Gilmore, CEO of Firemans Contractors, stated, "I want to start by thanking all of our employees and franchisees for all the hard work they have put into the company this year. The quality of our work and the integrity of our people are what make Firemans Contractors such an amazing Company. I want to also thank all the shareholders, investors, strategic partners & clients for believing in Firemans Contractors and contributing to its growth over the last year. We have been strategically positioning ourselves for growth through franchise development in this last year. We are proud of what we've accomplished thus far but our sights remain focused on the bright future ahead. "
2014 Strategic Plan Overview
The Company plans to obtain a third party corporate evaluation that will address the company's true market value compared to its current market cap and share price. The information will be provided to the investment community and current shareholders. As of this release, the company has sourced three different firms for possible multiple evaluations.
We are positioning ourselves for future growth and expanding our franchise model during CY 2014, and projecting 4 to 10 new franchisees by FYE 2015. Through the ongoing sales and development of the FC Franchise Program we are projecting revenues of approx $3.2M to 6.3M by FYE 2015. We plan to re-invest profits from the company to support this franchise growth with minimal outside investment.
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