Ethos Environmental, Inc. (ETEV.OB) Recognizes Substantial Increase in Revenue, Successful Launch of Distribution Arm
Ethos Environmental, Inc. was pleased to announce today that the revenue for the second quarter was $471,234, versus $138,070 for the first quarter of this year. This represented a substantial quarter-over-quarter increase of $333,164 or 341%. In May, the company successfully launched its wholly owned distribution arm, www.ecomates.com. During the first quarter of 2009, Ethos basically halted sales as it went through corporate restructuring and focused on developing its products, which included the validation of the benefits of EthosFR+ and EthosFR. Corey P. Schlossmann, Ethos' CEO, commented, "We are optimistic that as we continue to grow and expand our base…