Point Blank Solutions Inc a leader in the field of protective body armor announced the filing of its 2007 Form 10-Q's for the first and second quarters ended March 31, 2007 and June 30, 2007, with the Securities and Exchange Commission (SEC).
“We are pleased with the results of the first two quarters of 2007, and I am very proud of our employees and consultants who accomplished far more than these financial results."
"They have been the heart and soul of a company making significant managerial and system changes that will return us to compliance and at the same time strengthen our growth,” stated Larry Ellis, President and CEO.
“While legacy and other challenges remain, we are executing an aggressive strategy that remains focused on enhancing shareholder value over the long-term."
"It is, however, important to recognize the nature of our core business and the potential for quarterly fluctuations. I look forward to speaking with our shareholders and communicating our vision for the future”
Additionally, the Company disclosed that it intends to host a teleconference to provide updates on its corporate and financial progress following the release of its 2007 third quarter results.
Furthermore and consistent with the Company's past remarks, it intends to file its Form 10-Q for the period ended September 30, 2007 on a timely basis.
Point Blank Solutions Inc