Message #20 From:
Stock News Bot Date: September 26, 2006 05:57:00 AM
CKEI News Clickable Enterprises Announces Major Increase in Revenue and Gross Profit for August
MOUNT VERNON, N.Y.--(BUSINESS WIRE)--Clickable Enterprises, Inc. (OTCBB:CKEI), the first Internet-based home
heating oil company, announced today that it generated $321,568 in
revenue for August, compared with $100,395 generated in August 2005,
representing a 220% increase. 146,156 gallons of oil were sold, compared
with 51,544 gallons sold in August 2005, for a 184% increase. Gross
profit was $33,337 compared with $8,739 in August 2005, representing a
significant 282% increase.
Nicholas Cirillo, Jr., president of Clickable Enterprises, said, "The
consumer's increasing desire to research and retain the economical and
efficient heating oil services that we provide is the basis for our
revenue increase each month. Contribution to overhead also increased
from $6,049 in August 2005 to $12,559 in August 2006, for 108% increase."
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.
