2012-11-08 00:50:19 -
Vancouver, British Columbia, November 7, 2012 - InvestmentPitch.com in co-
operation with the Howard Group, a full service investor relations firm, is
hosting a selection of video presentations from the recent Opportunity Knocks
Investment Conference, sponsored by The Howard Group.
The Howard Group, based in Calgary, Alberta, is one of Canada's original
investor relations firms. They provide strategic direction and exposure to
targeted investment audiences for a select number of Canadian publicly traded
micro and small-cap companies.
The presentation for Lonestar West (TSXV:LSI) is now available for viewing on
InvestmentPitch.com. If this link is not enabled, please visit
www.InvestmentPitch.com and enter "Lonestar" in the search bar. To view other
presentations from this conference, enter "Howard Group" in the search bar.
Lonestar West began operations in May of 2000 with just one vacuum
truck and has
since grown into a multi-service company diversifying to meet industry demand.
They now operate a fleet of 36 HVAC and vacuum trucks throughout Western Canada
from their base in Sylvan Lake, Alberta, providing services for drilling
operations in Alberta, Saskatchewan, Manitoba and British Columbia. They are
active in many oil sands projects and provide plant maintenance services for
major corporations in several sectors.
At the end of September, the company released their financials for the year
ending on June 30, 2012
Highlights for the fiscal year include:
* Revenues increased 67.0% to $18,618,413 from $11,146,314 in the previous
* EBITDAC increased 73.3% to $3,016,609 compared to $1,741,146 in the previous
* EBITDAC per share rose 53.8% to $0.20 from $0.13 in the previous fiscal
* Net income of $1,308,708 in comparison to the $514,477 net income in the
previous fiscal year.
President and CEO James Horvath commented, "We have had another remarkable year
in fiscal 2012 resulting in increases in both revenue and EBITDAC over the prior
fiscal year. The utilization rates of our VAC and HVAC fleets have increased
substantially during fiscal 2012 which had a direct impact on our profits.
During this 2012 fiscal year we placed a strong emphasis on building our earning
potential by building our fleet; and I believe the company's year-end
performance shows the success of our strategy. As always, Lonestar is committed
to customer service, safety and our employees which enable us to continue to
grow into a major national HVAC competitor."
For more information on Lonestar other Howard Group clients, contact Dave
) or Jeff Walker (firstname.lastname@example.org
403-221-0915 or visit www.howardgroupinc.com.
InvestmentPitch.com, a multimedia company that provides a combined solution for
creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals, specializes in
producing three minute videos based on news releases and research reports.
Barry Morgan, CFO
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Source: InvestmentPitch via Thomson Reuters ONE