CFRI Conforce International Inc. featured news, full reports, and detailed charts
Conforce International Inc. (CFRI/CFRI.PK) Wrap Up:
Conforce International, Inc. engages in the development, sale, and marketing of the EKO-FLOR container flooring system. The company also involves in the storage and handling of marine shipping containers through its facility that has a capacity of 5000 containers. Conforce International is based in Mississauga, Canada.Conforce International Inc. (CFRI:OTC)
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Market Cap
12.0M
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Total Revenue
1.8M
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EBITDA
65.5K
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DILUTED EPS TTM
0.00
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P/E
--
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P/S
6.8x
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Return On Asset
-4.70
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Return On Equity
544.26
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| K = Thousands M = Millions B = Billions | ||
CFRI Top Compensated Officers
Executives, Board Directors
Key developments for Conforce International Inc. (CFRI)
On 11/16/2009, Conforce International Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
On October 22, 2009 the management of Conforce International Inc. has engaged BDO Dunwoody LLP, Chartered Accountants and Advisors, to audit the consolidated balance sheet of Conforce International, Inc. as of March 31, 2010 and the related statements of operations and comprehensive loss, cash flows and stockholders' deficiency for the year then ending in accordance with standards of the Public Company Accounting Oversight Board (United States). BDO Dunwoody LLP will also, among other things, perform reviews of the unaudited condensed quarterly financial statements to be included in Form 10-Qs filed with the SEC and to be submitted to stockholders, for the quarters ending September 30, 2009, December 31, 2009, June 30, 2010, September 30, 2010, and December 31, 2010.
On August 26, 2009 management of Conforce International Inc. ('Conforce') was notified by Terance L. Kelley that Pollard-Kelley Auditing Services Inc. was permanently closing its offices, effective immediately. There have been no disagreements with the auditors on accounting and financial disclosure.
CFRI Competitors
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Industry Analysis
| Valuation | CFRI | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 6.8x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 6.3x |
Not meaningful
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CFRI |
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More Recent News About Conforce International Inc.
More news for CFRI
CONFORCE INTERNATIONAL, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
CONFORCE INTERNATIONAL, INC. Files SEC form 10-K/A, Annual Report
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Safe Harbor Act Disclaimer for Forward-Looking Statements Certain statements in this document may contain words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "projects," "plans," "targets" and other similar language and are considered forward-looking statements. These statements are based on management's current expectations, estimates, forecasts and projections about the success of its container terminal operations, its newly developed container and trailer flooring products, as well as certain other composite based flooring products in various stages of development. These forward-looking statements are subject to important assumptions, risks and uncertainties which are difficult to predict and therefore the actual results may be materially different from those discussed. -10- OVERVIEW The Company operates in two reportable business segments; Container Terminal, and EKO-FLOR. The Container Terminal operations are organized as Conforce 1 Container Terminals, Inc., which is a 50.1% owned subsidiary of the Company. The remaining 49.9% is owned by Marino Kulas, Conforce International, Inc President & CEO. The Conforce 1 subsidiary is responsible for all container terminal operations. EKO-FLOR is organized as Conforce Container Corporation, a 100% owned subsidiary of the Company. The CCC subsidiary is responsible for the development, manufacturing and marketing of the Company's EKO-FLOR products. Operations for CCC during the reportable periods to date have been limited to research and development as the product is in the testing stages. Its EKO-FLOR products have evolved systematically with various refinements, as previously noted, based on industry standards and various feedback received. Accordingly, ...Click here to read the whole Article (external link)
CONFORCE INTERNATIONAL, INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
CONFORCE INTERNATIONAL, INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Safe Harbor Act Disclaimer for Forward-Looking Statements Certain statements in this document may contain words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "projects," "plans," "targets" and other similar language and are considered forward-looking statements. These statements are based on management's current expectations, estimates, forecasts and projections about the success of its container terminal operations, its newly developed container and trailer flooring products, as well as certain other composite based flooring products in various stages of development. These forward-looking statements are subject to important assumptions, risks and uncertainties which are difficult to predict and therefore the actual results may be materially different from those discussed. PLAN OF OPERATIONS In 2009, the Company's primary focus will be on the commercialization of EKO-FLOR. With the introduction of EKO-FLOR revenues as a result of ms-1 panel orders, the reliance on the container terminal will decrease. Accordingly, the Company intends to pursue opportunities as they relate to three EKO-FLOR products (as described below). While the container terminal is expected to continue to provide revenues and moderate earnings, if any at all, growth in the terminal operations is not expected. As a result of the global economic downturn, quarter-over-quarter revenue, as anticipated by management, was lower by 37.27% for the period ended June 30, 2009 to $446,786 as compared with $712,306 for the period ended June 30, 2008. Expansion for Conforce is expected to come from EKO-FLOR ms-1 in 2009 and cs-4 in 2010, where the Company believes that notwithstanding the current economic slowdown, significant growth potential exists due to th...Click here to read the whole Article (external link)
CONFORCE INTERNATIONAL, INC. Files SEC form 10-K, Annual Report
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. Safe Harbor Act Disclaimer for Forward-Looking Statements Certain statements in this document may contain words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "projects," "plans," "targets" and other similar language and are considered forward-looking statements. These statements are based on management's current expectations, estimates, forecasts and projections about the success of its container terminal operations, its newly developed container and trailer flooring products, as well as certain other composite based flooring products in various stages of development. These forward-looking statements are subject to important assumptions, risks and uncertainties which are difficult to predict and therefore the actual results may be materially different from those discussed. -10- OVERVIEW The Company operates in two reportable business segments; Container Terminal, and EKO-FLOR. The Container Terminal operations are organized as Conforce 1 Container Terminals, Inc., which is a 50.1% owned subsidiary of the Company. The remaining 49.9% is owned by Marino Kulas, Conforce International, Inc President & CEO. The Conforce 1 subsidiary is responsible for all container terminal operations. EKO-FLOR is organized as Conforce Container Corporation, a 100% owned subsidiary of the Company. The CCC subsidiary is responsible for the development, manufacturing and marketing of the Company's EKO-FLOR products. Operations for CCC during the reportable periods to date have been limited to research and development as the product is in the testing stages. Its EKO-FLOR products have evolved systematically with various refinements, as previously noted, based on industry standards and various feedback received. Accordingly, ...Click here to read the whole Article (external link)
