For The Earth Continues to Maintain Investor Confidence
(firmenpresse) - PHOENIX, AZ -- (Marketwire) -- 08/30/11 -- With an eye single to perpetual and intelligent growth, For The Earth Corporation (PINKSHEETS: FTEG) continues to move forward with acquisitions and announces the opening of an East Coast distribution center. These actions support and exemplify For The Earth's commitment to bring to market products that are good for "people, pets, and the planet" -- the Company's motto.
Founded in 2008 with a game-changing product called What Odor?® -- an all-natural, non-toxic odor-eliminating spray featured on Discovery Channel's "Pitchmen" series -- For The Earth Corporation has had a busy and fruitful 2011: after going public in January of this year, the Company acquired Kat-Box King whose Litter to Go has distribution in a major retailer. Following that acquisition, For The Earth has signed Letters of Intent with a handful of other companies ranging from manufacturers of pet supplies to earth-friendly household cleaning products. All efforts in completing these acquisitions are progressing smoothly, and purchase agreements will be signed very soon.
In addition to the time and energies devoted to completing these acquisitions, For The Earth has not rested in their pursuit to build a strong organization to inspire investor confidence. In order to realize greater efficiencies and continue to provide a competitive advantage, the Company will open a distribution center in Novi, MI, in September to service the East Coast's needs. This will certainly cut down on freight costs and allow faster delivery of promised goods -- a pleasing combination to retailers, distributors and consumers.
Commenting on the progress seen just since the beginning of the year, Nelson Grist, CEO and President, For The Earth Corporation, adds, "We feel a strong obligation to our shareholders. They expect us to build a strong, healthy company that maintains our commitment to people, pets, and the planet. These acquisitions and this new distribution center in such a relatively short period of time reflect how seriously we take that obligation."
Except for historical information contained herein, the matters set forth in this document are forward-looking statements about expected future events that involve risks and uncertainties. These uncertainties may cause For The Earth's actual future results to be materially different from those discussed in the forward-looking statements.
For The Earth's forward looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. All forward-looking statements speak only as of the date hereof and are based upon the information available to For The Earth at this time. Such statements are subject to change, and For The Earth does not undertake to update such statements, except to the extent required under applicable law and regulation.
All investor inquiries should be directed to
Interactive Business Alliance
Michael Tobin
(866) 525-4714
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Datum: 30.08.2011 - 13:00 Uhr
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News-ID 60493
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