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Last $0.25 USD
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As of 8:10 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

flame seal products incorpor (FLMP) Snapshot

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flame seal products incorpor (FLMP) Details

Flame Seal Products, Inc. operates as a fire retardant technology company in the United States. The company’s products include FX-100, an interior fire retardant coating which can be used on various porous and non-porous materials and in the protection of wood, steel, aluminum, and plastic; and Flame Seal-TB, a pigmented version of FX-100, designed for the thermal barrier issues of spray applied polyurethane foam insulation. It also offers liquid coatings penetrants comprising fabric seal, wood seal, and paper seal products for textile or wood products; leather seal, a spray applied product designed for use on leather upholstery; FBS WRAP system, a wrap system for conduits and cable trays; flange cover jackets for use on fiberglass flanges to upgrade fire resistive performance; and FBS-SL Panel, a single-layer system that could be easily cut and formed over any substrate. In addition, the company offers fire retardant solutions for construction; and fire protection platforms for various industrial uses. Flame Seal Products, Inc. was founded in 1992 and is based in Houston, Texas.

flame seal products incorpor (FLMP) Top Compensated Officers

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flame seal products incorpor (FLMP) Key Developments

Flame Seal Products, Inc. Announces Earnings Results for the Period Ended June 30, 2015

Flame Seal Products, Inc. announced earnings results for the period ended June 30, 2015. For the period, the company continue to execute on plan reporting record quarterly sales of $638,550 and record quarterly profit of $33,395 for the period ended June 30, 2015. Sequentially, sales increased $166,616 or 35% from the March 31, 2015 quarter and 25% above the second quarter of 2014. The record profit of $33,395 was an improvement of $58,560 over the loss of $25,165 in the March 31, 2015 quarter and $11,765 over the profit for the second quarter of 2014. Consequently, EBITDA dramatically increased to $45,951, which is a $60,625 positive turnaround from the first quarter of 2015.

Flame Seal Products, Inc. Announces an Agreement with Firebreak Systems LLC to Market it's Fire Protective Coatings and Systems

Flame Seal Products, Inc. announced an agreement with Firebreak Systems LLC to market Flame Seal's Fire Protective Coatings and systems for loss prevention due to wildfire. Lengthy and successful evaluations have been conducted on intumescent and char forming technologies for protection against Wild Fires. Firebreak and Flame Seal recognize the pressing need for a practical, easily applied method and effective protective product for homes and other structures due to this growing, destructive threat as drought conditions persist and spread in the Western and Southwestern areas of the United States. Firebreak and Flame Seal will pursue significant sales in the wildfire protection industry. The first products have already shipped to various locations throughout the West Coast.

Flame Seal Products, Inc. Reports Earnings Results for the Year 2013

Flame Seal Products, Inc. reported earnings results for the year 2013. Sales for 2013 were $1,913,017 versus sales of $1,381,407 for 2012. The represents a year over year increase of 38%. For the year 2013 FLMP lost $632,428. The losses were reduced significantly in the second half of the year. In fact, many expenses have been permanently eliminated from the income statement. If loss for 2013 is adjusted and reduced for these non-recurring items, the company's accrued loss for the year would have been reduced to $294,669.


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