Today shortly after the opening bell, FastFunds Financial
Corp. issued a press release to share a couple updates regarding its operating
subsidiary, Brawnstone Security (Brawnstone) based in Canton, Ohio.
Unaudited revenues year to date for the subsidiary have
stabilized at approximately $64,000 per month totaling approximately $512,000
as of the end of last month. The company said it has been aggressively working
on gross margin enhancement and expense reductions. Numbers will be reported in
greater detail in the forthcoming Quarterly Report on Form 10-Q for the three
and nine months ended September 30, 2015.
FastFunds Financial also pointed out that favorable polling
in Ohio indicates the potential passage of legalization for both medical and
recreational marijuana use in Brawnstone’s home state. Recreational use has
already been legalized in Colorado, Washington, Oregon, Alaska and Washington,
D.C. Brawnstone has begun development of its roll-out plan for offering
security services in the event of passage. Further updates are expected from
the company as these plans move forward in conjunction with the Ohio vote.
For more information on FastFunds Financial, visit
www.fastfundsfinancial.com
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