Seychelle Environmental Technologies Inc (SYEV)

[b9molecule]

Sales. The increase in sales of $6.6 million, or 153%, during the year ended February 29, 2016 is mainly due to increased sales to our three largest customers. During the fiscal year ended February 29, 2016, sales to our three largest customers increased approximately $6.0 million, to $8.4 million, an increase of 255% compared to prior year sales to the same three customers. Our largest customer, which has developed a private label pitcher and bottle, and significantly increased its distribution line, increased its sales approximately $3.2 million, or 531%, during the year ended February 29, 2016 compared to the year ended February 28, 2015. Additionally, the launch of our pH2O product line, which increases the alkalinity of municipal water to between 8.0-9.5 pH, also increased sales during the current period. During the year ending February 29, 2016, sales of the pH2O line were approximately $2.0 million, compared to none during the comparable prior period.

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margins up to 46%
earnings: .04 per share

nice.