FLKI
February 16: Falken Industries Ltd (FLKI) announced that the company had been selected for independent objective coverage and reporting by Mina Mar Group. The decision to accept independent coverage is consistent with a recent general policy change by Falken's management, which creates an IR cooperation and coordination cell within the company's communications department to facilitate exchanges and exposure with and to the investment banking community. The move came due to the sentiments of the company's 4000-plus shareholders, who consistently opine that the stock seriously undervalues the company's fundamentals. Shareholders have a dedicated address at
shareholders@falkenltd.com.
February 15: FLKI revealed that its operating margins soared by more than 10% to 38.43% for the year ending December 31, 2010. This performance came about despite heavy development and promotional expenses, but there was distributor support for a fast expanding global distribution network. FLKI's cost control advantages and consequent absence of price increases to distributors in difficult economic environments are a major contributing factor to its leadership position and expanding global market share. Samples of FLKI's product conceptions may be seen at
www.cleanplus.com. Clean Plus(R) is the best known branded collection of FLKI consumer, professional and industrial product concepts.