For the first Quarter of 2012, Organic Plant Health Inc. realized improvement in the following areas over the same period last year:
--- 12% increase on Gross Sales of $251,169 --- 13% increase on Gross Profits of $170,525 --- 14% reduction on Operating Expenses of $174,898 --- 92% reduction on Operational Losses of ($4,373) --- 60% reduction in Net Losses, from interest expense of ($28,979)
"We are extremely pleased with the progress we have realized -- even more so in the direction that our Company is headed," stated President and CEO of Organic Plant Health, Billy Styles.
"While we will never be completely content with where we are, we are very happy to be experiencing growth at a time when the national economic conditions are not ideal. Our Management Team feels that our most difficult times are behind us, and we are currently positioned to continue to experience significant growth."
Mr. Styles further commented, "Over the past 12 to 18 months, we have proceeded with great caution and elected not to pursue some potential opportunities out of concern for the possibility of stretching ourselves to thin. Because of that cautious posture last year, our Company is in a much stronger position this year, and we are now able to seize new opportunities before us with confidence.
"We expect to move aggressively on our plans for growth and expansion throughout the current Quarter and into the 3rd Quarter 2012. The projects we have planned and expect to Announce throughout the year should bring about significant revenue growth over the next 6 to 12 months and beyond."
Among the action items the Company plans to address is the hiring of a National Sales Manager. After a thorough search, Company Management has identified its top candidate and hopes to finalize the hiring process and make an announcement in the next few weeks.
Mr. Styles concluded, "We are very excited about this development, and are looking forward to finalizing the process and introducing our new National Sales Manager to our Shareholders."