607% Increase in Q-1 Earnings for RecycleNet.Business Editors GUELPH, Ontario--(BUSINESS WIRE)--May 22, 2001 Richard R. Ivanovick, CA, the Chief Financial Officer of RecycleNet Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :GARM) is pleased to report the quarterly results for Q-1 2001. RecycleNet's sales revenues of just over $ 390,000 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. have increased over 32% for the three months ended March 31, 2001 compared to the same period last year. Earnings of $ 45,000 USD have increased 607% compared to Q-1 2000. RecycleNet Corporation has scheduled its annual meeting date for June 28, 2001. The meeting will be held at 10:00 am EST EST electroshock therapy. EST abbr. electroshock therapy at the Holiday Inn in Guelph, Ontario Guelph (IPA: gwɛlf) (population 114,943[1]) is a city located in the Southwestern region of Ontario, Canada. Canada. RecycleNet chairman and founder Paul Roszel, announced this month the sixth year anniversary of RecycleNet being on-line providing Global Access to Recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. Markets. May 2001 also marked the expansion of the "auto.recycle.net" used vehicle exchange program with "www.kwautoexchange.com" and "www.AUTOchange.net", used car exchanges in Ontario Canada. RecycleNet has distinguished itself among an elite group of companies that have developed a business model that derives a profit from the Internet. Looking forward, RecycleNet is well positioned to execute its strategy of getting it right, getting it profitable and then getting it big. RecycleNet Corporation is a world leader in turnkey b2b software distribution through the "Rhodium rhodium (rō`dēəm), metallic chemical element; symbol Rh; at. no. 45; at. wt. 102.9055; m.p. about 1,966°C;; b.p. 3,727±100°C;; sp. gr. 12.41 at 20°C;; valence +2, +3, +4, +5, or +6. WebWeaver Turnkey E-Commerce System." RecycleNet is pleased to welcome DrUsed.com, Inc. as a new user of the Rhodium WebWeaver System. DrUsed.com operates Rhodium WebWeaver as the platform for "www.DrUsed.com", a used medical equipment exchange. RecycleNet Corporation continues to pursue its aggressive plans of merger, acquisition, joint ventures, strategic alliance and rapid internal organic growth. |
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