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Organic Plant Health, Inc. Announces 12% Increase in Sales and an Update on Operations


News provided by

Organic Plant Health, Inc.

Jun 05, 2012, 08:00 ET

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CHARLOTTE, N.C., June 5, 2012 /PRNewswire/ -- Organic Plant Health, Inc. (OTCQB: OPHI), an exclusive manufacturer and distributor of organic-based fertilizers and soil conditioners and pest controls, is pleased to provide an update on its operations for the quarter ended March 31, 2012.

On May 21, 2012 the company filed its Form 10-Q with the Securities and Exchange Commission for the quarter ending March 31, 2012. The complete filing can be accessed on www.sec.gov.

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 and 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."

About Organic Plant Health
Based in Charlotte, NC, Organic Plant Health (OPH), provides organic-based, natural and environmentally responsible fertilizers, soil conditioners, herbicides, insecticides and fungicides for the continual care of residential and commercial landscapes. 

Organic Plant Health brand products are currently sold in a variety of independent retail locations across North and South Carolina, including hardware stores, garden centers and plant nurseries.  Key customers using Organic Plant Health products include environmentally conscious do-it-yourself homeowners and commercial landscape companies; secondary markets served include real estate development companies, vineyards and agriculture.

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Organic Plant Health takes no obligation to update such statements.

CONTACT:
Investor Relations:
Ph. (704) 745-OPHI (6744)
E-mail: [email protected] 
Facebook: www.facebook.com/organicplanthealth
YouTube: www.youtube.com/organicplanthealth

SOURCE Organic Plant Health, Inc.

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