Safe & Green Holdings Corp.
Q2 2020 Earnings Call Transcript

Published: 13 Aug 2020

[Operator:]

Good day and welcome to SG Blocks’ Second Quarter 2020 Earnings Conference Call and Webcast. Today's conference call is being recorded. At this time, I would like to turn the conference over to Gerald Sheeran, Chief Financial Officer. Please go ahead.

[Gerald Sheeran:]

Thank you and good afternoon. Thank you all for joining us for SG Blocks’ second quarter 2020 earnings call. Your host today is Mr. Paul Galvin, Chief Executive Officer. A press release detailing these results was issued this afternoon just after the market close and is available on the company's website sgblocks.com. Before I turn the call over to management, please remember that certain statements contained in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts contained in this presentation, including statements regarding the company's future operations and financial position, business strategy, and plans and objectives of management for future operations are forward-looking statements. In some cases, forward-looking statements can be identified by terminologies such as believes, may, estimates, continue, anticipates, intends, should, plan, expect, predict, potential or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, and assumptions described, including those set forth in our filings with the Securities and Exchange Commission, which are available at www.sec.gov. You should not rely upon forward-looking statements as predictions. We cannot assure you that the events and circumstances reflected in the forward-looking statements will be achieved or occur. Finally, this conference call is being webcast. The webcast is available in the Investor Relations section of our website at sgblocks.com. With that, I will now turn the call over to our Chief Executive Officer, Paul Galvin, for his prepared comments. Paul, please go ahead.

[Paul Galvin:]

Thank you, Gerald, and welcome to the SG Blocks second quarter 2020 financial results conference call. We were hard at work in the second quarter executing on projects already under contract, while also pursuing a number of new business development opportunities, and expanding the application of our containerized solutions to the COVID-19 diagnostics market. We are materially moving our business forward setting the stage for what we expect to be a strong second half of 2020. Healthcare. In the healthcare vertical, we executed a non-exclusive Distribution agreement with OSANG healthcare of South Korea, who is a global manufacturer and distributor of medical grade diagnostic tests and equipment, including a [3gene] PCR COVID-19 test. Since that time, SG Blocks has accomplished the following

[Operator:]

This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.