Pet Ecology Brands, Inc. (PECD.PK) Reports 2007 Audited Financial Statements; Q1 2008 Unaudited Financial Statements; and Update
September 09 2008 - 12:28PM
Marketwired
Pet Ecology Brands, Inc. (PINKSHEETS: PECD) announced today the
posting on Pinksheets.com of its audited financial statements for
the year ended December 31, 2007 and its unaudited financial
statements for the three months ended March 31, 2008.
The Company also indicated that it will report gross revenues,
primarily from direct to consumer internet and home delivery sales,
of $271,000 when financial statements for the second quarter of
2008 are posted.
Further, the Company noted that gross revenues year to date,
including second quarter 2008 amounts of $271,000, total $485,000
and include revenues generated in July and August 2008 from sales
to three retail chains including reorders from those organizations.
Ralph Steckel, President and CEO, noted that "Revenues for the year
ended December 31, 2007 amounted to $131,000 so we believe we are
making progress in the commercialization of our product line."
The Company further noted that it is in discussions with several
organizations who are interested in having PEB manufacture product
under their private label. These organizations are capable of
placing our products both nationally and internationally. The
Company has been, and intends to continue, seeking additional
private label opportunities.
Ralph Steckel PEB's President and CEO also provided commentary
on current efforts to expand revenues from Company's home delivery
and internet sales. "Currently we are in discussion with two
nationally recognized organizations who have expressed significant
interest in selling our product on line. Each of these
organizations are heavily involved in web-based programs aimed at
pet owners. A collaboration with either would be very beneficial to
our company."
Stay up-to-date with current events by joining Pet Ecology's
E-Mail Alert List. Join by clicking the link below:
http://www.b2i.us/irpass.asp?BzID=1346&to=ea&Nav=0&S=49&L=1
About Pet Ecology Brands, Inc: Pet Ecology Brands, Inc. develops
and manufactures technologically advanced pet products that address
environmental concerns and meet the lifestyle of today's pet
marketplace. The company's Perfect Litter is a revolutionary
patented cat litter that destroys urine odor, clumps, and is
earth-friendly, while its K-9 Fat Free Dog Treats(TM) are the first
fat free treats that meet the standards of the U.S. Department of
Agriculture, and offer dog owners an effective means to provide
their pets with a non-fat tasty treat.
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements, other than the statements of
historical facts, may be deemed to contain forward-looking
statements with respect to events, the occurrence of which involves
risk and uncertainties, including, without limitation, demand and
competition for the company's products and services, the
availability to the company of adequate financing to support its
anticipated activities, the ability of the company to generate cash
flow from operations and the ability of the company to manage its
operations. As statements regarding future events concern
management's estimates of future results of operations, and as
these estimates are based on many elements beyond management's
control, differences from management's estimates may occur, and
such differences may be material. Contact:
Ralph Steckel Pet Ecology Brands, Inc. 972-759-8080
http://www.petecology.com Investor Relations Contact: Gerald Kieft
or Ryan Audin Wall Street Resources, Inc. 772-219-7525
http://www.wallstreetresources.net
Pet Ecology Brands (PK) (USOTC:PECD)
Historical Stock Chart
From Jul 2024 to Aug 2024
Pet Ecology Brands (PK) (USOTC:PECD)
Historical Stock Chart
From Aug 2023 to Aug 2024