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EESO - Enzyme Environmental Solutions: Korean Orders Top $500,000
Enzyme Environmental Solutions: Korean Orders Top $500,000
Thursday April 17, 12:00 pm ET
FORT WAYNE, IN--(MARKET WIRE)--Apr 17, 2008 -- Enzyme Environmental Solutions Inc. (Other OTC:EESO.PK) CEO S. Jared Hochstedler announced today that during the first quarter of 2008 the company shipped in excess of $500,000 (USD) of "BioMagic" to Green and Blue Solutions, the company's Korean Distributor.
Hochstedler commented, "This number surprised me for the first quarter. I was actually expecting a much lower number since we really just got started and ramped to begin shipping. Our contract with Green and Blue Solutions is currently for $3 million (USD) but I expect that to increase as we get further into the year."
Chong Lee, Partner and North American Liaison for Green and Blue Solutions, stated, "Our relationship with Jared has been developing over the last 6 years and we are so pleased to finally be able to put some action to our association."
Hochstedler further commented, "I would like to further update all shareholders concerning the new E-Commerce site. Orders have been pouring in and the hits on the website have jumped substantially in the last 24 hours. Keep in mind that this revenue stream is only the gravy as our real meat and potatoes come from the industrial and agricultural applications. I am please however to make our products available to our shareholders as well. Our market study has shown we should expect $15-$20,000 dollars of retail sales on a monthly basis."
The company would also like to confirm that as of April 17, 2008 the outstanding share count remains at 223,716,398 common shares issued and outstanding.
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