Eco Building Products, Inc.'s Subsidiary, Wood Protection Technologies (WPT), Reports Sales Surge WPT's Contract for its D-Fence(TM) Formulation is Significantly Ahead of Forecast
SAN DIEGO, CA -- (Marketwired) -- 05/18/17 -- Eco Building Products, Inc., (OTC PINK: ECOB) reported today that initial shipments by the Company's subsidiary, Wood Protection Technologies, Inc., (WPT) are substantially ahead of schedule and as a result, sales will greatly exceed forecast. The Company and its licensee have been working on a launch and ramp-up plan for their new national distribution agreement which quickly expanded to year end targets within the first 30 days.
"We went into the program with a plan to expand over four quarters and by the end of the first six weeks we are already shipping at Q4 targets. The growth has far exceeded our expectations and while it tested our ability to operationalize the sales, we have rallied and delivered", said Tom Comery, WPT's President and CEO. 'We can expect the pace to slow as they fill their pipeline, however, being this far ahead in the distribution plan suggests that as they start to absorb and reorder, we will experience much greater volume overall in the first year of the program." http://www.otcmarkets.com/stock/ECOB/news
News 
Market Data 
Discover 
