Message #23 From:
Stock News Bot Date: November 21, 2006 05:43:00 AM
CKEI News Clickable Enterprises' Revenue Continues to Increase with $436,236 Generated in October
MOUNT VERNON, N.Y.--(BUSINESS WIRE)--Clickable Enterprises, Inc. (OTCBB:CKEI), the first Internet-based home
heating oil company, announced today that it generated $436,236 in
revenue for October, compared with $293,798 generated in October 2005,
representing a 48% increase. 210,267 gallons of oil were sold, compared
with 129,789 gallons sold in October 2005, for a 62% increase. Gross
profit was $67,556 compared with $45,559 in October 2005, representing a
48% increase.
Nicholas Cirillo, Jr., president of Clickable Enterprises, said, “Our
continued monthly increase in revenue demonstrates the value of our
business model and reflects the consumer’s
need to switch to lower-cost providers of home heating oil.”
Adding, “We are pleased with October’s
financial results and expect sales to remain high as we enter the winter
season.”
Clickable Enterprises is committed to providing low-cost and efficient
heating oil services, as it continues to grow along the East Coast
through marketing efforts, including its sponsorship agreement with
Google, Inc. (NASDAQ:GOOG), the world's largest Internet search engine,
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.
