Detail akcie Eco-Tek Group online

Business Summary: Eco-Tek Group, Inc. is dedicated to the development and marketing of Green products to the automotive and industrial sectors. The Company operates two subsidiaries based in Ontario, Canada. The Company, through Eco-Tek Ontario are a distributor of lubrication products for the automobile market. It manufactures (through the blending of various ingredients) and distribute Eco-Tek synthetic lubricants, filtration systems and other products, described below. The Company sells a range of products, which are commercially available (except as otherwise stated), which it either manufactures (through the blending of various ingredients) or distributes on behalf of third parties under its own Eco-Tek brand. The products consists of Eco-Tek 3000 Super Synthetic 100% API Approved HP Motor Oil, ECO-TEK 4 In 1 Fuel Treatments, Eco-Tek Engine Flush, Eco-Tek Heavy Duty Synthetic Oil Stabilizer, Eco-Tek Bypass And Magnetic Oil Filtration For Trucks, and Eco-Tek Non-Toxic Super Lubricant.
Financial Summary: BRIEF: For the nine months ended 30 September 2013, Eco-Tek Group Inc revenues increased 20% to $264K. Net loss increased from $204K to $447K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects General and Administrative Expense increase from $127K to $331K (expense), Salaries and Wages increase of 40% to $80K (expense).