STANLEY, ND -- (Marketwire) -- 03/08/12 -- Luminart Corp. (PINKSHEETS: LUMP) has posted their end of year financials reflecting $1.35 million in revenue.
Luminart Corp. posted its unaudited financial records as of December 31, 2011 and is proud to report a gross profit of $465K for the company and its shareholders. With just over 1.35 million in generated revenue from the infrastructure development activities in North Dakota, Luminart is already showing the huge potential in future revenue for the coming year.
For the full report, please visit: http://www.otcmarkets.com/financialReportViewer?symbol=LUMP&id=73691
Burke Bentley, Luminart's President said, 'The 2011 returns were a tribute to a lot of good people; making great things happen. The coming year should be a repeat of this year's success due to the sturdy foundation which has been set and our continuously advancing our position in the Bakken by securing more contracts and growing our business.'
About Luminart Corp. and B 3 Well Services subsidiary:
Luminart Corp.'s subsidiary B 3 Well Services is focused on the expansion of contract hauling materials for infrastructure development in North Dakota, mining and processing materials for road building, and expansion of the base camps in the North Dakota operations, sales and marketing.
Led by a skilled and experienced management team, the timely entrance to this quickly developing opportunity in the Bakken oil reserves has positioned the company to create more value for its shareholders and secure a strategic position for increased market share in the future.
This press release may contain forward-looking statements, including, but not limited to, statements regarding Luminart Corp. and their plans, products and related market potential. Forward-looking statements may be identified by the use of the words 'anticipates,' 'expects,' 'intends,' 'plans,' 'should,' 'could,' 'would,' 'may,' 'will,' 'believes,' 'estimates,' 'potential' or 'continue' and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Luminart Corp.'s filings with the Pink Sheets, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Luminart Corp. undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
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