|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0050 - 0.0050|
|52 Week Range||0.0020 - 0.0144|
|Beta (3Y Monthly)||9.49|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Findex.com, Inc. (FIND), announced today that, as initially unveiled in its annual report on SEC Form 10-K for the period ending December 31, 2018, it has made a strategic determination to capitalize on the fast-growing market receptivity and demand for its proprietary, high-value, high-performance interior and exterior flooring and other surface maintenance solutions by significantly narrowing its focus to the exploitation of a substantial North American market opportunity that it has identified for those solutions and already begun penetrating. Until recently, Findex (through its EcoSmart identity) had principally been a manufacturer and marketer of a broad array of high-performance industrial and commercial coatings that had relied on third party applicators to perform the services associated with – and critical to – the highly coveted value-add provided by those coatings. Increasingly captive to the limitations of a top-line growth trajectory that was largely dependent on customer relationships from which it was one-step removed, however, and unable to realize for its own account anything more than a very small percentage of the gross revenue being generated through applications of its prized products, the company singled-out what it had identified through experience as its most lucrative and target-rich product market and has since aggressively set out to re-position itself not merely as a manufacturer of those products, but a vertically integrated, high-quality applicator of them as well. By doing so, RexPro Sealers and Coatings, as it is now known, is able to sustain and grow its already enviable gross margins on its line of coatings products while also, it is expected, being able to grow its top line at a much more rapidly accelerating rate.
As of June 12, 2019, Findex.com, Inc. had total liabilities of $4,577,859 on its balance sheet, and had been facing increasing financial pressures for years, and challenges in raising much-needed working capital, because of it. Through a carefully structured and negotiated series of related transactions constituting a major recapitalization of the company as of June 12, 2019, however, that figure, not yet audited but confirmed by the company’s internal accounting representatives, has been reduced by 81% to $863,374.
LAKE PARK, FL, March 18, 2019 -- EcoSmart Surface & Coating Technologies (EcoSmart) (OTC: FIND) announced today that its international distribution and licensee partner for.