Clickable Enterprises Reports Revenue of $293,293 for July
2006-09-21 08:43 ET - News Release
MOUNT VERNON, N.Y. -- (Business Wire) -- Sept. 21, 2006 Company Website: http://www.clickableoil.com
Clickable Enterprises, Inc. (OTCBB:CKEI), the first Internet-based home heating oil company, announced today that it generated $293,293 in revenue for July, compared with $112,637 generated in July 2005, representing a 160% increase. 137,477 gallons of oil were sold, compared with 54,165 gallons sold in July 2005, for a 154% increase. Gross profit was $29,847 compared with $16,595 in July 2005, representing an 80% increase. "Our marketing drive and counter cyclical business has helped us grow our client base considerably from last year," said Nicholas Cirillo, Jr., president of Clickable Enterprises. Cirillo continued, "We are experiencing an increase in revenue each month, even in the warmer months, with a 160% increase in July compared with the same period in 2005." ClickableOil.com is committed to providing low-cost and efficient heating oil services, as it continues to grow along the East Coast through marketing, promotions and acquisitions.
About Clickable Enterprises, Inc.
Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company to offer customers affordable home heating oil and related services. Based in Mount Vernon, New York, ClickableOil.com specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company currently operates in New York, New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. For more information visit www.clickableoil.com. This release and oral statements made from time to time by the Company's representatives concerning the same subject matter may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," "projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the Company with the Securities and Exchange Commission, which should be considered together with any forward looking statement. No forward looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements. Contacts:
For Clickable Enterprises, Inc. Larry Fortune, 949-916-2942 larryfortune@consultant.com
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