CHICAGO--(BUSINESS WIRE)--JNS Holdings Corporation (OTC Markets Group: JNSH) is pleased to announce that JNS has successfully increased its revenue by more than 68%. JNS’s revenues increased from $323,609 for the period ending March 31, 2011, to $542,891 for the same period this year. This was achieved by continued repeat business from long term customers. Interested investors are encouraged to go to OTC Markets Group and compare the 2010 year end financials to the latest first quarter 2012 financials, which was uploaded last week. Once a comparison has been made, you will discover that JNS has paid off U.S. Bank and reduced our debt with Bayview by more than 32%.
Jean Howe, President and Chief Executive Officer stated, “Management has worked tirelessly to strengthen our balance sheet over the last year. Due to our new financial position, we are currently able to negotiate with a local bank to establish a new line of credit. This line of credit will insure access to additional cash flow necessary to accept larger, more complex and profitable projects. Our continued dedication to excellence has afforded us major business opportunities – opportunities that will be fully realized when we have significant cash flow access.”
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.