Ecosciences, Inc. (OTCQB: ECEZ) (“Ecosciences” or the “Company”) is pleased today to unveil to its shareholders a summary plan for growth of its core business of producing and selling bio-remediation products under the brands TRAP-EZE, SEPT-EZE, TANK-EZE and WASH-EZE.
The Company’s wholly-owned subsidiary, Eco-Logical Concepts, Inc., has been generating revenue since its inception in November 2011, primarily from its TRAP-EZE product. The Company acquired Eco-Logical Concepts, Inc. in May 2014. Management believes there is a large opportunity to expand its revenue significantly over the upcoming quarters and the subsequent fiscal years through the plan described below.
The Company intends to focus on growing its distribution channels using master-distributor relationships, full-line distributors and other similar sales channels.
The Company has been working on setting up regional distributors in several different bioremediation market segments, including septic systems, grease traps, ponds, agricultural and wastewater.
The janitorial supply industry will be a key market for the Company but we also expect to target municipalities, retail consumers, commercial and industrial users such as food processors, hospitals, supermarkets and restaurants.
The Company intends to reach the retail market through infomercials to build awareness of its products and brand, internet marketing and eventual placement in chain retail locations and small retailers directly or through distributors with traditional retailer/wholesaler relationships.
Management believes Company growth will come from both international locales and expansion across the United States. Historically, sales have primarily been from distributors in Mexico and New Zealand but the Company is currently finalizing distribution channels and sales orders domestically, especially in the New York, New Jersey and Connecticut areas.
Another aspect of the Company’s growth plan is expanding the scope of products offered. In addition to the marketing of its SEPT-EZE, WASH-EZE and TANK-EZE bioremediation products, the Company intends to conduct research and development to bring new, improved eco-products to market to ensure the Company is competitive in the market space.
Management commented, “We believe that with proper execution of ours plans, including completing a financing to fund the growth effort, the Company can be successful in the pursuit of increased revenues and profits. We expect to take advantage of the opportunity and we look forward to working diligently to achieve our long term goal of delivering value for our shareholders.”
About Ecosciences, Inc.
Ecosciences, Inc. focuses on building, acquiring and investing in businesses around ecological and life sciences. From waste water remediation to healthcare and more, Ecosciences, Inc. is committed to building a better living environment for all people. The Company currently has one wholly-owned subsidiary, Eco-Logical Concepts, Inc. (www.ecologconcepts.com), which operates the Company’s core business of producing and selling bio-remediation products under the brands TRAP-EZE, SEPT-EZE, TANK-EZE and WASH-EZE.
For additional information, please visit the Company’s website at www.ecosciences.company, the contents of which are not incorporated into this press release.
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The foregoing contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend for these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws relating to forward-looking statements. These forward-looking statements include statements relating to, or representing management’s beliefs about, our future transactions, strategies, operations, events and financial results. Such forward-looking statements often contain words such as “will,” “anticipate,” “believe,” “plan,” “estimate,” “expect,” “intend,” “is targeting,” “may,” “should” and other similar words or expressions. Forward-looking statements are made based upon management’s current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those risks and uncertainties described in any of our other filings with the SEC. Certain other factors which may impact our business, financial condition or results of operations or which may cause actual results to differ from such forward-looking statements are discussed or included in our periodic reports filed with the SEC and are available on our website at www.ecosciences.company under “Investor Info.” You are urged to carefully consider all such factors. We do not undertake or plan to update or revise forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or projections, or other circumstances occurring after the date of this news release, even if such results, changes or circumstances make it clear that any forward-looking information will not be realized. If we make any future public statements or disclosures which modify or impact any of the forward-looking statements contained in or accompanying this news release, such statements or disclosures will be deemed to modify or supersede such statements in this news release.
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