Date: May 4, 2004
Source: News Room
RecycleNet Corporation (OTC Bulletin Board: GARM) has reported net earnings of $16,110 on net revenues of $526,630 for its first quarter, compared with a net loss of $23,249 on net revenues of $427,819 for the same period of last year. The company's portal sales increased 86 percent over the first quarter of 2003, with gross profit also increasing 86 percent. The company is seeking capital to improve marketing efforts to capitalize on the $300 billion global market for recyclable materials.
More information: www.recycle.net.
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