United Treatment Centers, Inc. Announces Ground Breaking Revenues for First Two Months on Record for Sunrise Auto Mall
FT LAUDERDALE, FL–(Marketwired – Mar 11, 2015) – United Treatment Centers, Inc. (OTC PINK: UTRM) is pleased to announce that the Company’s newly acquired wholly owned subsidiary is reporting its unaudited monthly sales performance figures for the first two months of 2015, revealing that the dealership has generated record gross sales of $863,418.00.
Steve Buckner, President of Sunrise Auto Mall stated: “We are very pleased that our dealership continues to strengthen and that we have exceeded our expectation of generating strong numbers right out of the gate. We have developed a highly scalable business model, making exponential growth similar to the Carmax model, a highly reasonable goal. Our focus is to effectively replicate our business model in numerous locations, by establishing a proven configuration that can be rolled out, location after location, yielding strong profitability to the Company. It is evident that our corporate strategy is being very well received by our customers thus far, as reflected in the numbers.”
In February 2015, the Group recorded robust monthly revenues of $457,944.00; up 13% from the month before. For the first two months of 2015, the Group recorded combined revenues of $863,418.00; an increase of 18% from the previous two month period and anticipates that the operation will continue trending in this range, putting the Company in position to conclude the quarter with over $1,320,000 in reportable revenues.
Mr. Buckner continued: “We believe that, at our present market cap, UTRM is dramatically undervalued. Evidently, the investing community has not yet begun to respond to the revenues of Sunrise Auto Mall. Understandably, rebuilding will be a process, whereas previously the Company has been struggling to increase shareholder value. We anticipate that as financials begin to reveal what is now part of the corporate structure, and our dramatic growth potential, the Company should realize a P/E ratio in excess of other companies in our sector. Carmax for example has a P/E of 26, I believe we should be substantially higher based on our position in the market.
He concluded: “Our plan is also to create an environment of transparency, where our investors can be updated frequently on the progress of our Companies. Advancements are being made in our other wholly owned subsidiary, Potnetwork Inc. as well. We have a lot of work to do and we are committed to establishing Potnetwork Inc. to be the leading news source for everything marijuana. I will continue to keep our shareholders informed as these developments unfold over the next few days. I want to thank all our loyal shareholders for their patience and support as we re-establish the Company, we intend to keep all fully informed as we move forward.”
The Company recently announced that it is making an entrance into the lucrative subprime automobile financing industry with the acquisition of Sunrise Auto Mall, a first-rate pre-owned auto dealership, which will operate as a wholly owned subsidiary of United Treatment Centers, bringing a valuable revenue stream into the Company.
Sunrise Auto Mall, Inc., was launched in June of 2014 as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client’s credit. The company has developed a highly profitable business model around the continually rising subprime lending industry.
About Steve Buckner: Steven Buckner is a seasoned veteran having a long tenure of experience in all aspects of the automotive Industry including new and used cars since 1985. He has served as Sales Executive and Sales Manager, Finance Manager, General Sales Manager, and ultimately owning his own dealership. He was on the forefront of the special finance market, as he set up special finance departments in new car dealerships as the industry grew.
About United Treatment Centers, Inc.: United Treatment Centers, Inc. is a publically traded Company with two wholly owned subsidiaries, PotNetwork and Sunrise Auto Mall. PotNetwork is positioned to be the premier worldwide news and content provider for the Cannabis industry, and is developing into a 24/7 network. The network plans to achieve global reach by utilizing streaming video broadcasting technologies. Sunrise Auto Mall, Inc. is a first-rate pre-owned auto dealership, launched in June of 2014, as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client’s credit. The company has developed a highly profitable business model around the continually rising subprime lending industry.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
United Treatment Centers, Inc.
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