Acology Announces Big 2015/ Better Than Expected Start to 2016
CORONA, Calif., March 7, 2016 /PRNewswire/ -- Acology Inc. (OTC-Pink: ACOL) announced today that sales in the first two months of 2016 have exceeded expectations. The company predicts that estimated transactions for calendar 2016 will be three times greater than the year previous. Gross sales of their signature product, The MedTainer™, surpassed 2015 levels for the first two months of the calendar year by 198%. Acology's base grew in 2015 to over 1240 retailers. Acology announced that it finished 2015 with sales advances in excess of 310%. The company had projected that it would end calendar 2015 with $1.4M in total revenues. With the release of the company's 10-K at the end of this month Acology believes it will substantially exceed previous projections. In addition, Acology announced that the results of sales and marketing efforts have increased new business by a factor of three in the preceding twelve-month period.
A focused effort to extend Acology's global reach has accounted for some of this success. Acology now controls well over 15 domains in more than 30 countries and intends to double that control in the coming year. Global sales account for much of the increase in growth. As a consequence of this considerable progress the company's physical expansion, doubling its current footprint, is proceeding on pace. New opportunities, given the strong increase in demand for branded merchandise, have enabled Acology to expand both its' printing and brand-development division. The company intends that manufacturing will also move to their new building, completing the effort of placing the entire company under one roof.
The most important aspects that have rapidly increased business this year is the opportunity presented by serving two very different and very strong markets: The Medical and Recreational Marijuana Industry and the Hospice and Palliative Care Industry. Demand for Acology's unique, patented products are growing in demand from both of these emergent sectors. Acology's continued expansion is firmly anchored on the stable growth of these two diverse and dynamic markets.
Please visit Acology Inc. and D&C Distributors online or by phone. The company is located in their production and distribution facility at 1620 Commerce St. Corona, California, 92880.
Acology trades on the OTC under the call letters ACOL. The company's websites are www.Acologyinc.com for the hospice and palliative care industry and www.themedtainer.com for the recreational and medical marijuana industry. Orders for Acology products can be taken online and by phone. Custom orders are especially welcome. Please send any and all inquiries to email@example.com or call (844) ACOLOGY (844-226-5649) ex: 3.
This press release includes statements that are covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events they are subject to risks and uncertainties and actual results for fiscal year 2016 and beyond could differ materially from the company's current expectations. Forward-looking statements are identified by such words as "anticipates", "projects", "expects", "planned", "intends" and "believes" "estimate" "targets" and other similar expressions that indicate trends and future events. It is understood that investment entails risk on the part of the investor and could result in the loss of some or all of his or her investment.
View MedTainer Webinar 2: Nurse's Experience and Utilization: https://www.youtube.com/watch?v=lLf77Hr_3VM
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SOURCE Acology Inc.