First Colombia Gold Corp Announces Record Revenues In 2016
18.01.2017 | FSCwire
First Colombia Gold Corp. (OTCPINK:FCGD) announced today that the company posted record revenues in the second and third quarters of 2016 with a combined total of more than $400,000 in gross revenues in the second and third quarters combined.Jason Castenir, Chief Executive Officer of First Colombia Gold Corp. stated, "Our management team has been very focused on developing our fuel sales and increasing our product offerings in order to drive our revenue and profits.”
The company announced in February of 2016 it was developing its fuel distribution and focusing on both wholesale and retail markets of a variety of fuel related products including diesel fuel, burner fuel, and several different pale oil and solvent oil products.
“It has been this relentless pursuit of this fuel distribution business model that has led to the surge in revenue in profits and we intend to continue on that path,” Castenir continued.
Additionally, First Colombia Gold Corp. also noted that they are still developing their subsidiary Triangle Restaurant Group and have signed a franchise agreement with DiMaggio Italian Restaurants and have signed a lease to open their first restaurant concept in central Kentucky. “DiMaggio’s is an authentic Italian concept and the location of our first location could not be any better, it is located overlooking the water with an amazing lake view. We have hired executive chef Richard DiMaggio and are looking to open in March of this year,” commented Mr. Castenir, “From a profitability and diversification stand point, this is certainly the strongest our company has ever been financially and on an look forward basis, I think we are very well positioned.
About First Colombia Gold Corp
First Colombia Gold Corp. is a capital company focused on acquiring, developing and advancing natural resource, energy, and real estate projects in Europe, North America, and South America. Our business model is to acquire undervalued assets combining potential for building asset values and cash flow through leverage to improved operational efficiency and development.
Investor Inquiries:
Website: www.firstcolombiagoldcorp.com
Email: info@firstcolombiagoldcorp.com
Facebook: http://www.facebook.com/FirstColombiaGold
Forward-Looking Statements: Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, raising working capital and securing other financing; responding to competition and other risks. Actual results may differ materially from such forward-looking statements.
Source: First Colombia Gold Corp. (OTC Pink:FCGD)