Democrasoft Presents at Private Conference
18 June 2011 - 7:00AM
Marketwired
At a private conference late Friday attended by sophisticated
participants in the technology space, Democrasoft, Inc.
(PINKSHEETS: DEMO) presented its current business plan, which
included a statement of the Company's internal expectations
regarding the financial performance the Company believes might be
attained in 2014. This Company's business plan was provided to
assist attendees in understanding how the Company believes its
business model could produce profits in the future. Noting that the
Company presently has no meaningful revenues or significant
customer base and that its products are constantly being refined
and are subject to a great many contingencies, the Company also
noted that it believes, if a great many things go right and go
according to the Company's plans and assumptions, the Company could
achieve revenues of up to $100 million and pretax net income of up
to $89 million in 2014. Some basic information regarding the
Company's business plan and models are set forth in the 2010 Annual
Report on the Company's website: http://Democrasoft.com. There can
be no assurance that the projections will indeed be realized.
This Press Release contains forward-looking statements similar
to those covered by the safe harbor provisions under the Private
Securities Litigation Reform Act of 1995. The Company believes that
the information regarding its long-range business plans, while
based upon a number of assumptions and optimistic expectations, is
also based on reasonable assumptions by the Company in view of the
long range aspects of the statements. These forward-looking
statements are clearly subject to numerous uncertainties and risks,
and actual results and developments are likely to differ materially
from the expectations of the possible long terms results of the new
business plan. Factors which could affect the implementation of the
business plan, the Company's operations and prospects include
errors in assumptions, the costs and uncertainties of pursuing new
product development, the need for additional funding, the Company's
ability to pursue and develop new or additional operating
strategies, market resistance to new products, competition,
inability to obtain sponsors, and retention of key employees. The
Company is not responsible for updating any such forward-looking
statements.
About DEMOCRASOFT:
Democrasoft, Inc., headquartered in Santa Rosa, CA, is a
20-year-old public company (PINKSHEETS: DEMO) with a history of
pioneering technology. The company's flagship platform,
Collaborize®, is a web-based solution for organizing groups with a
common purpose into powerful, decision-making communities. It is
designed to empower groups of all sizes -- businesses, non-profits,
organizations, governments, their members and citizens -- to
resolve real problems and drive toward actual implementation of
collective solutions. Democrasoft is dedicated to facilitating a
vision of online "social networking with purpose." Collaborize
Classroom is Democrasoft's offering in the Education Technology
space and is provided free to teachers around the world. For more
information, please visit http://democrasoft.com and
http://collaborizeclassroom.com.
Add to Digg Bookmark with del.icio.us Add to Newsvine
For further information contact: Shana Ray 888-993-8683
Democrasoft (CE) (USOTC:DEMO)
Historical Stock Chart
From May 2024 to Jun 2024
Democrasoft (CE) (USOTC:DEMO)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about Democrasoft Holdings Inc (CE) (OTCMarkets): 0 recent articles
More Democrasoft, Inc. News Articles