Totally Green, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
November 15, 2013 at 08:00 am EST
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Totally Green, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company's sales were $53,191 against $9,431 a year ago. Net loss was $537,656 against $3,126,551 a year ago.
For the nine months, the company's sales were $337,763 against $289,433 a year ago. Net loss was $1,330,092 against $3,846,732 a year ago.
Totally Green, Inc. is engaged in providing organic food processing systems. The Company develops, manufactures and markets the organic refuse conversion alternative (ORCA) solution, which consists of a machine that processes food waste. The ORCA machine enables composting of most organic material in institutional and commercial end user applications, after which the liquid effluent is discharged into the municipal sewage system. The machine helps in diverting food waste disposal from landfills and managing methane gas production. The ORCA technology offers businesses a solution for food and beverage by-product disposal. It offers a range of products, such as OG25, OG50 and OG100. Its products, OG25, OG50 and OG100, utilize ORCA biochips to hold various levels of microorganisms that digest organic waste. It offers a range of solutions, such as hotel waste management solution and healthcare waste management solution. It provides a food waste transportation system to collect waste.