Phoenix, Arizona, Aug. 26, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- No Borders, Inc. (OTC:NBDR), is proud to announce that the Company has successfully filed its unaudited quarterly financial statement for the period ending June 30, 2020, achieving over $2.7M in revenue while drastically scaling inventories and operational capacities at the Company’s MediDent Supplies subsidiary, all with the goal of helping first responders, medical personnel and Americans stay safe and protected.
MediDent Supplies has seen a dramatic increase in demand for personal protection equipment (PPE), viral testing supplies and sanitizers over the past few months. This demand has been met every step of the way by the incredible dedication and work of the NBDR and MediDent Supplies teams throughout 2020. That work has yielded astounding results with over 10x growth from Q1 2020 to Q2 2020.
Even in the face of persistent persecution by ill-informed regulators and the myriad of challenges of not only operating but truly scaling during a global pandemic, the executive and operations teams at NBDR have successfully imported and sold millions of dollars’ worth of critically needed medical and protective items this year, all while aggressively responding to the egregious actions of the SEC, staying current with the Company’s OTC filings and building out our new distribution facility in Mesa Arizona.
Joe Snyder, CEO of No Borders, Inc., stated, “I am SO STOKED to share our second quarter results with our shareholders and the world! Achieving 10x revenue growth quarter over quarter is an incredible feat and there are so many amazing people on our NBDR teams who have poured blood, sweat and tears into our company in order to make these results possible. While $2.7M is a major achievement for our company we have much larger goals and our eyes are locked on the future, a future of even greater results in terms of impact, revenue and shareholder value.”
The revenue generated in Q2 is derived from a well balanced mix of clientele. Consisting of thousands of individual retail and e-commerce orders as well as an impactful number of medium and large scale orders to states, healthcare providers and the US Federal Government. The Company believes that this “service for all sizes” approach to serving the PPE needs of our clients will yield long term business relationships and a strong basis for ongoing revenue and brand growth.
About No Borders Inc.
No Borders, Inc. (OTC:NBDR) is a multifaceted corporation specializing in the acquisition, creation and scaling of commercial and consumer product brands while utilizing cutting-edge technologies to reduce costs while increasing revenues and shareholder value through technological superiority and Intellectual Property ownership across its portfolio of assets. The Company’s portfolio of businesses include:
- No Borders Naturals Inc., a purveyor of health and wellness products for active consumers and their pets. (www.NoBordersNaturals.com)
- No Borders Labs Inc., which provides leading-edge tech tools to NBDR internal companies while also offering consulting, architecture and software development services to external businesses looking to update their technology infrastructure for greater efficiency, security and transparency (www.NoBordersLabs.com).
- www.CBDLabChain.com a powerful, Patent Pending tool to demonstrate in an unbiased and unchangeable way a clear sense of security to consumers of CBD products by recording Certificate Of Authority (COA) on a blockchain technology platform.
- No Borders Dental Resources Inc., a provider of Personal Protection Equipment and medical supplies to medical/dental professionals, first responders, civilians and government agencies across the U.S. through the trade name MediDent Supplies (www.MediDentSupplies.com).
No Borders is headquartered in Arizona. For more information, visit the Company’s website at www.NBDR.co.
ON BEHALF OF THE BOARD OF DIRECTORS,
Chief Executive Officer and Director
18716 E. Old Beau Trail
Queen Creek, AZ 85142
Source: No Borders Inc. (NBDR)
This press release may include certain statements that are forward-looking in nature and that involve a number of uncertainties and risks. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in this press release are based on No Borders, Inc., current expectations and projections regarding future events, which are based on currently available information. The forward-looking statements in this press release may also include statements relating to No Borders, Inc.'s anticipated new developments, business prospects, financial performance, strategies and similar matters. No Borders, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.