I jumped in LWLL read the info below. I AGREE DRD
Originally Posted by DRD
Good volume today. Playing the odds on this one if the swine Flu hits China in a big way . This Company is one of the biggest to be able to market their product. Good Luck. I picked up 10k shares at 20 cents on this one.
Linkwell Corporation, through its 90% ownership of its subsidiary, Shanghai Likang Disinfectant Hi-tech Co., Ltd, develops, manufactures and distributes disinfectant healthcare products in China. Founded in 1998, Shanghai Likang Disinfectant Hi-tech Co., Ltd, has developed into China's top-ranked medical disinfection high-tech enterprise with several years' rapid growth. Formerly a Second Military Medical University-owned technology company, Likang always attaches great importance to the R&D and sales of new sterilization products. The company has obtained most disinfection product licenses approved by the Ministry of Health, and is equipped with the all the liquid, gel, powder and tablet production lines. The company is in possession of 12 patents and has 25 others in process
, as well as a great deal of know-how. The company can put forward two to four new products each year. Being the largest provider of medical disinfection products and technical service providers, Linkwell has a national marketing and sales presence in more than 5,000 medical institutions, throughout all 22 provinces, five autonomous regions, and four special municipalities of China.
For more information, please visit http://www.linkwell.us
Linkwell Corporation Reports on Operating Results for Second Quarter of 2009
SHANGHAI, Aug 17, 2009 /PRNewswire-Asia via COMTEX/ -- Linkwell Corporation (OTC Bulletin Board: LWLL), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, has filed its Form 10-Q report on operating results for the second quarter of 2009.
Up to the recent six months ending June 30, 2009, the company had total revenues of $6.37m, compared with the $4.76m in the prior year's second quarter. Gross profit for the 2009 second quarter amounted to $3.8m from $2.37m in the second quarter of 2008, up 60%. Net income soared to $1.49m from $367,000 in the same period a year earlier, increasing 307%.
"We are very pleased with our first half year results," said Mr. Xuelian Bian, the Company's Chief Executive Officer. "As a big disaster to the whole of mankind, H1N1 does bring great opportunity to the disinfectant business sector. The sales of the company rose explosively due to the dramatically increasing demands from hospitals all over the country."(last quarter had an EPS- Earnings per share of 1.5 cents!)
Which is the Real Terminator of H1N1 Disease, the Antisepsis or the Vaccine?
Last PR below:
SHANGHAI, Sept 01, 2009 /PRNewswire-Asia via COMTEX/ -- Linkwell Corporation (OTC Bulletin Board: LWLL), a leading developer, manufacturer and distributor of healthcare-related disinfectants in China, put forward its worries about the trend of the misunderstanding concerning dealing with the spread of H1N1.
Mr. Bian also commented, "To confront H1N1 influenza, Linkwell's 90%-held subsidiary, Likang Company, as a professional disinfectant supplier, contributes actively and responsibly. In the first half of this year, bottled disinfectants sent to most of hospitals around the country increased by tens of thousands, owing to the H1N1 disease. Due to last year's Wenchuan Earthquake in China, Likang was ordered by China's Ministry of Health to provide to the disaster areas a large amount of disinfectant, of which more than 400 tons were transported by air due to urgent need.
"We are carrying out R&D on new types of disinfectant to combat the influenza virus," Chairman Xuelian Bian emphasized, "Over the past few years, Likang has focused on the medical disinfection market in China, rejecting offers of cooperation from institutional investors who have wanted to invest in the civilian public health market many times. Nevertheless, the situation of the outbreak of infectious diseases throughout the world is becoming more urgent. China's 1.3 billion people make up a more than 30 billion market shares in the huge market of infection control. To Likang company, which holds a large number of civilian disinfection product technology patents, the decision to penetrate the civil disinfection market and other related markets will not only provide the most professional products and services to the whole community, but also lead to rapid growth and expansion for the company."I cant wait to see the earnings coming up this should really take off then. The H1N1 started to really spread around after August. I see them blowing away earnings coming up not that they really have to right now there undervalued Earnings Per share by $1.20. The number one disinfectant brand in China what more do I need to say holding Some long and short term here.