KCMH Positioned for Sustained Growth in Down Economy, Thru 2009: Strong Q3 Health Insurance, Technology, Bus. Incubation & Pr...
16 October 2008 - 12:30AM
Business Wire
KCMH (OTC:KCMH) today announced it has sustained its year-to-date
profitability, growth and remains debt free for a 3rd straight
quarter in its first year of operations and in the midst of one of
the worst economic crisis experienced since the Great Depression.
During Q3 KCMH focused on its continued development for long-term
growth in the areas of health care, insurance, technology, business
incubation and private equity, and still saw healthy and sustained
growth from existing models. Q3 saw KCMH launch its comprehensive
life, health and senior medicare insurance division, KCM Insurance
Services (KCMIS), expected to generate an estimated quarter million
dollars in Q4 2008; the successful incubation and restructuring of
a South Florida trophy and awards business that KCMH will grow from
$500,000 - $1.3 million in year one, post acquisition; and the
continued incubation of multiple businesses co-owned by KCMH in
multiple sectors including � communications and marketing, food
service, legal services, product kiosks, and technology, including
GEENIUS Inc., a pioneering, Web 3.0 Internet company projecting
annual revenues of $300 million within 5 years with the release of
its first-of-its-kind social networking platform and user created
content revenue model backed by a patented knowledge transfer
technology. Also during Q3 KCMH was selected to be featured on
PBS�s The National Report series in Q4 2008, hosted by legendary
news anchor Hugh Downs. News of the selection is part of growing
media interest in the �little micro-cap that could� as it forges on
with its plans to revitalize and legitimize the Micro-Cap market
place by incubating and serving multiple small companies in a
variety of industries. According to KCMH Senior Director, Chad
Lefevre, �In the past, Micro-Cap has suffered a terrible but in
some cases deserved blow from investors who felt taken advantage of
by new, small companies. Some investors left Micro-Cap and looked
to Blue Chips for ethical dealings and risk protection. What the
current economic crisis has demonstrated is that like some
Micro-Cap, even some Blue Chip companies and some large
institutions have betrayed investors with the same abuses.� �The
solution is not to abandon the public markets,� says KCMH CEO,
Donald Klein, �there are many wonderful companies at all levels
from Micro-Cap to Blue Chip that will respect and work with
investors, educating them and building long term relationships with
them. We are one of those companies � and with today�s market,
Micro-Cap is a great place for investors to experience substantial
value and returns from trustworthy and integrity-grounded
companies. Micro-Cap is the entry point for aspiring private and
new publicly traded companies, and in today�s global market, new
and innovative companies is what we desperately need and investors
should benefit from participating at this early point in a good
company�s history.� Visit www.thekcmgroup.com for more information
on KCMH including corporate presentations and financial reports.
About KCM: KCM HOLDINGS CORP. is a strategic business incubation
and holdings company specializing in a broad range of business
incubation, support, design and development ventures. Visit
www.thekcmgroup.com. Disclaimer Forward Looking Statement The
contents of this Press Release may be deemed to include
forward-looking statements within the meaning of United States
securities laws and the Private Securities Litigation Reform Act of
1995. Forward-looking statements are only predictions and should
not be relied upon for investing decisions. Actual results might
differ materially from those projected in the forward-looking
statements for a variety of reasons, including market conditions,
competition and new regulatory requirements. Forward looking
statements involve known and unknown risks, uncertainties and other
factors that may cause the Company�s actual results, levels of
activity, performance or achievements to be materially different
from any future results, levels of activity, performance or
achievements expressed or implied by the forward-looking
statements. We cannot guarantee future results, levels of activity,
performance or achievements.
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