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| Promoter: | Penny Stock Pick Alert | Paying Party: | StockMister |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| FTEG | $10000 | UNKNOWN |
| Max Profit: 0.00 % | Gain at close: 0.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
FTEG (For The Earth Corp.) has a mission to become an industry leader within its market segment by selling eco-friendly products guaranteed to remove odors on all surfaces and fabrics.
The Company's biodegradable, non-toxic and green friendly products are designed to be safe around adults, children and pets...all of whom could be sensitive to toxins...can be purchased online at www.whatproducts.com with a 100% guarantee.
And with FTEG's products in commercialization phase, and flurry of recent news announcements regarding expansion and acquisitions, shares could take off.
Plus, I believe the announcement that consumers could locate their product on Amazon is an great addition to the Company's ability to increase sales.
FTEG Moves Forward on Acquisition Strategy
FTEG announced earlier that it has engaged in the services of an international law firm, to pursue acquisitions and partnerships to complement and enhance their efforts to provide products and solutions that are safe for all people, pets, and the planet.
"We performed an extensive search for a firm with the breadth of experience our growing company needs and one that shared our vision of providing ethical and responsible solutions for the consumer/client. K&L Gates fits those parameters perfectly."
--Nelson Grist, President and CEO of For The Earth Corporation.
In fact, just days ago, the FTEG announced its newest plan to acquire Prestige Pet Products, Inc. by signing a letter of intent. Prestige Pet Products, Inc. maintains the highest quality standards by setting the bar with their patented manufacturing process.
FTEG's Top 7 Recent Developments
#1. FTEG Signs LOI with Market Leader
Just days ago, FTEG announced efforts to expand their business by signing an LOI for Prestige Pet Products, Inc. "Acquiring Prestige Pet Products, Inc. allows us to be the market leader in this technology and allows us to offer a full complement of products and services to the pet industry. This acquisition propels us to a market leader position that we take very seriously...For The Earth has the leadership necessary to make a vast impact on the fifty four billion dollar industry."
#2. FTEG Announces Product Availability on Amazon.com
"They are an ideal retailer for us because of their enormous depth of product offerings along with their tremendous reach across so many markets. We believe that What Odor?™ is needed by people in all walks of life for as many different reasons, and Amazon touches all of them." According to www.pewresearch.org over 65% of the population orders products and services online. In that same research, they found that 78% of internet users either agree (53%) or agree strongly (25%) with the proposition that shopping online is convenient for them; 68% of internet users either agree (47%) or agree strongly (21%) that online shopping saves them time."
#3. FTEG Reports on Companies to be Added to the Portfolio
Mountain Green produces a line of natural laundry detergents, household cleansers, dishwashing liquids and other cleaning products and sells through numerous private labels and its own label in both national and regional retail chains. Mountain Green is headquartered in Tempe, AZ.
Miller's Cats, LLC designs, manufactures, and sources pet products for over 2,000 retail locations and 15 distribution centers throughout North America. The Company's manufacturing facility and headquarters are located in Phoenix, AZ.
As previously announced in the letters of intent, the purchase of the above noted companies will be finalized shortly. Once all of the acquisitions are complete, it is estimated they will yield a combined revenue of ten to twelve million by the end of 2011. The estimated forecast for 2012 is $seventeen million.
#4. FTEG Announces Revenue-Generating Strategies
For The Earth sells their products to retail and industrial customers comprising hotels, nursing homes, restaurants, and professional sports teams. Additionally, they sell their products direct to consumers.
For The Earth is collaborating with world-renowned brand and marketing experts, Ocozzio -- a revenue-improvement support firm with expertise in marketing, design, and public relations. The two companies will build various distribution channels and consumer awareness for the broad spectrum of products offered by For The Earth.
In addition, last week For The Earth announced the Company's expansion into the European and Mexican markets. They have aligned themselves with a distributor in Sweden to reach throughout Europe in addition to a distributor in Mexico City to distribute on the Company's behalf in Mexico.
#5. FTEG Announces International Expansion
In July, FTEG announced that they have aligned themselves with a distributor in Sweden to reach throughout Europe and a distributor in Mexico City to distribute on For The Earth's behalf in Mexico. Together, For The Earth and these distributors have over 50 years of retail experience spanning much of the globe. According to Yahoo! Finance, the personal care and household cleaning products industry represents over one hundred twenty billion annually, with the United States.
#6. FTEG Enters Into LOI to Acquire Miller's Cats, LLC
Miller's Cats has been manufacturing cat furniture in North America for over 25 years and serving mass merchandisers and pet supply companies.
#7. FTEG Announces Partnership with "World-Renowned Brand and Marketing Experts
Also in July, FTEG announced that they were pleased to announce with world-renowned brand and marketing experts, Ocozzio
FTEG and Ocozzio "will build various distribution channels, as well as consumer awareness for the wide range of exciting product offerings offered by For The Earth."
Double Bottom, Lower Bollinger Band Setup Could be Great Opportunity for Upward Move
With the recent success that FTEC has achieved with its expansion and acquisition efforts, traders could be extremely optimistic about the growth of its product lines.
With FTEG trading at support levels, this could present traders with a historic opportunity to acquire shares of what appears to be highly discounted levels.
Lets watch FTEG trade!
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