Totally Green Reports First Quarter 2014 Results
04 June 2014 - 10:00PM
Marketwired
Totally Green Reports First Quarter 2014 Results
TORONTO, ON--(Marketwired - Jun 4, 2014) - Totally Green,
Inc. (PINKSHEETS: TLGN) ("TG" or the "Corporation"), an innovator
in organic food waste processing and diversion, reported results
for the quarter ended March 31, 2014.
Gross sales were $358,133 for
the quarter ended March 31, 2014, compared to $254,466 for the
quarter ended March 31, 2013, with ORCA service fees increasing
from $54,855 in the first quarter of 2013 to $193,149 in the first
quarter 2014, an increase of $138,294. The Corporation also
generated gross profit of $98,211 for the quarter ended March 31,
2014.
A copy of the March 31, 2014
quarterly filing is available for download at
http://www.otcmarkets.com/stock/TLGN/filings.
Q1 2014 Operational Highlights
Q1 2014 saw 6 new ORCA machines installed on the Service as a
Solution model as the Corporation continues to prospect new markets
and further develop its existing markets.
Management Commentary "We
continue to see positive results from our ORCA service model," said
Shawn Dym, CEO of Totally Green. "The progress and attention that
our service model has gained, including being featured in the Wall
Street Journal last month, has been exciting and we should begin to
see the financial benefits of those efforts in the coming
quarters."
About Totally Green Totally
Green, Inc. develops and markets the Corporation's ORCA Green™
Machine. The ORCA (Organic Refuse Conversion Alternative) machine
allows for rapid composting of most organic material in
institutional and commercial end-user applications, after which the
liquid compost is disposed of through the ordinary sewer system.
The machine creates meaningful cost savings for customers while
diverting food waste from landfills and reducing methane gas
production. For more information, please visit
www.feedtheorca.com.
Important Cautions Regarding Forward-Looking Statements
This press release contains "forward-looking statements."
Forward-looking statements are statements concerning plans,
objectives, goals, strategies, expectations, intentions,
projections, developments, future events, or performance,
underlying (expressed or implied) assumptions and other statements
that are other than historical facts. These forward-looking
statements are only predictions. No assurances can be given that
such predictions will prove correct. Actual events or results may
differ materially. Forward-looking statements should be read in
light of the cautionary statements and risks that include, but are
not limited to, the risks associated with a small company, our
comparatively limited financial resources, the uncertainty of
market trends, the competition faced from other current and future
technologies and the uncertainties of competitive pressures we
face. These or other risks could cause actual results to differ
materially from the future results indicated or implied in such
forward-looking statements. We undertake no obligation to update or
revise such statements.
Contact To learn more about the ORCA solution, please contact:
Totally Green, Inc. (855) 355-ORCA(6722) ir@totallygreen.com
www.feedtheorca.com
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