The Company believes that market conditions for the Company’s products remain healthy. In light of strong demand from its customers which is anticipated to continue, the Company now expects fiscal 2020 organic sales from operations to exceed $2 million which is above its previously anticipated sales guidance of $1 million. Sales revenues from strategic acquisitions is not included in this guidance. Any acquisitions will be accretive and will add to the overall performance. In addition, as a result of better year-to-date operating performance and ongoing expected improvements, the Company now expects Adjusted EBITDA for fiscal 2020 to be much stronger compared to its prior results for the period ended June 30, 2019.
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