IRVING, Texas, Mar 27, 2009 (BUSINESS WIRE) -- The Anviron Holding Company (Pinksheets:ANVH) ("Anviron"), a manufacturer and marketer of "Clean & Green" products and technology, today announced financial results for the month ending February 28, 2009 were posted on http://www.pinksheets.com.
Feb '09 Total Income347,870.00 Total COGS1,413,543.00 Gross Profit-1,065,673.00 Total Expense803,337.25 Net Ordinary Income-1,869,010.25 Net Other Income32,500.00 Net Income-1,836,510.25
ASSETS Checking/Savings1,007,196.00 Accounts Receivable1,233,662.08 Other Current Assets11,530,401.00 Total Current Assets13,771,259.08 Fixed Assets4,463,485.54 TOTAL ASSETS18,234,744.62 LIABILITIES & EQUITY Accounts Payable1,727,303.29 Other Current Liabilities2,075,093.24 Total Current Liabilities3,802,396.53 Long Term Liabilities5,349,502.00 Total Liabilities9,151,898.53 Equity9,082,846.09 TOTAL LIABILITIES & EQUITY18,234,744.62
"Anviron has entered into our slowest seasonal cycle during the months of January, February and March. We have focused on business development and cost reductions during this normal seasonal low for our business," stated Steve Young - the new CEO of Anviron. "As we conclude several new business dealings over the next few months, our cost cutting methods and procedures will make us trim and lean - and ready for the expanded services required of our growing Company."
Anviron is a company dedicated to bringing to market "Clean Solutions to Complex Problems" by offering a wide range of biodegradable, environmentally friendly products and technologies that will substitute for many of the hazardous chemicals commonly used all over the world. For information about Anviron and its product offerings visit us on the web at http://www.anviron.com.
This press release contains forward-looking statements regarding Anviron within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed. The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting Anviron. Forward-looking statements speak only as of the date on which they are made and Anviron undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.
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