Clickable Enterprises Acquires Oil Business Adding Approximately $1.7 Million in Annual Revenue.LARCHMONT, N.Y. -- Clickable clickable adj (COMPUT) → cliqueable clickable adj → cliccabile Enterprises, Inc. (CKEI.PK) the first Internet-based home heating oil company, announced today that it acquired a regional oil company that will provide Clickable Enterprises with over 500 new customers, increasing its annual oil sales by over 750,000 gallons, or approximately $1.7 million in revenue. Nicholas Cirillo, Jr., president of Clickable Enterprises said, "This acquisition of another turnkey operation increases the density of our business, as our new customers reside within our existing territory. We are excited about this opportunity to provide more consumers with an affordable solution to heating oil services as we continue to focus on acquisitions that will grow our business and increase profitability and shareholder value." The company expects to absorb this acquisition with virtually no additional overhead. Clickable Enterprises is committed to providing low-cost and efficient heating oil services, as it continues to grow along the East Coast through marketing efforts, including its sponsorship agreement with Google, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GOOG GOOG Google, Inc. (stock symbol) ), the world's largest Internet search engine, promotions and acquisitions. About Clickable Enterprises, Inc. Clickable Enterprises, through its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , ClickableOil.com, Inc., is the first Internet-based home heating oil company to offer customers affordable home heating oil and related services. Based in Larchmont, New York For the district of Los Angeles, see . Larchmontis a village in Westchester County, New York, United States. The population was 6,485 at the 2000 census. As a village, it is located within the town of Mamaroneck. , the company specializes in price control, risk management and product positioning, leaving the oil delivery and services to specially chosen vendors. The company currently operates in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, Pennsylvania and Connecticut, and has a license to operate in Maryland. For more information visit www.clickableoil.com. This release and oral statements made from time to time by the Company's representatives concerning the same subject matter may contain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements can be identified by introductory words such as "expects," "plans," "intends," "believes," "will," "estimates," "forecasts," "projects" or words of similar meaning, and by the fact that they do not relate strictly to historical or current facts. Many factors may cause actual results to differ from forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known and others of which are not. Known risks and uncertainties include those identified from time to time in the reports filed by the Company with the Securities and Exchange Commission, which should be considered together with any forward looking statement. No forward looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements. |
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