Hototcstock.info (http://www.hototcstock.info/), a premier source for penny stocks research issues stock alert for the following company:
Revenues & Net Earnings
Revenues for the year ended December 31, 2010 were $45.7 million as compared to $1.2 million for the year ended December 31, 2009 representing a 3,659% increase of approximately $44.5 million.
Why Some Trading Experts expect DGHG Revenues to Continue to Grow.
(1) DGHG announced that its wholly owned subsidiary Xerxis Consulting LLC expects a significant increase in operating revenues for the remainder of 2011.
(2) The signing of this exclusive long term contract with Paydeecor Care Ltd, an international personnel services company, expanded Xerxis' sales area by approximately 50% overnight.
(3) The positive impact of this new legislation, coupled with Xerxis' expanded market activity, should be reflected in DGHG's second quarter results and is expected to improve this subsidiary's operating revenues by 60% in 2011.
(4) These improved estimates are due to beneficial legislation and exclusive long term contracts which are expected to enhance operating results by 60%. On April 30, 2011, favorable labor legislation was passed in the European Union requiring the removal of restrictions on foreign workers rights in EU-8 countries. This legislation grants Xerxis personnel greater access to work in the EU, and thereby decreasing DGHG's SG&A expenses.
About Diversified Global Holdings Group Inc.
Diversified Global Holdings Group (OTCQB: DGHG) is a rapidly growing holdings company with strong subsidiaries worldwide. Since inception DGHG has completed 11 acquisitions and proven its M&A strategy. DGHG intends to continue its expansion in emerging markets by leveraging its 5 divisions into 12 major market sectors. For more information, visit DiversifiedGlobalHoldings.com (http://www.dghold.com).
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