Clickable Enterprises Announces a 150% Increase in Revenue For May
Clickable Enterprises, Inc. (OTCBB:CKEI stock message board), the first Internet-based home heating oil company, announced today that it generated $313,600 in revenue for May, compared with $125,448 generated in May 2005, representing a 150% increase. 131,421 gallons of oil were sold, compared with 79,337 gallons sold in May 2005, for a 66% increase. Gross profit was $32,026 compared with $16,708 in May 2005, representing a 92% increase.
Nicholas Cirillo, Jr., president of Clickable Enterprises said, "The significant increase in revenue, gallons sold and gross profit is partially due to the counter cyclical business we recently engaged in which began in May and extends our oil season by six months." Adding, "We also retained new customers through our sponsorship agreement with Google, Inc. (NASDAQ:GOOG stock message board) and via other marketing efforts."
ClickableOil 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, please 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.
For Clickable Enterprises, Inc.
Larry Fortune, 949-302-7769
larryfortune@consultant.com
