ClickableOil.com Obtains Fuel License in New Market Area.MOUNT VERNON Mount Vernon, estate, United States Mount Vernon, NE Va., overlooking the Potomac River near Alexandria, S of Washington, D.C.; home of George Washington from 1747 until his death in 1799. , N.Y. -- Clickable clickable adj (COMPUT) → cliqueable clickable adj → cliccabile Enterprises, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CKEI), an Internet-based home heating oil company, announced today that 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. has obtained a fuel license to commence operations and fuel sales in the State of Connecticut, part of the company's business expansion plans. In compliance with state regulations, ClickableOil.com must obtain a fuel license in each state it plans to operate in, which involves the posting of Cash Bonds to meet the requirements of state tax authorities. The company is currently developing a direct-marketing program that it plans to implement in Connecticut, as well as in other new market areas in which licenses are expected to be obtained in the near future. "It is not a widely-known fact that Connecticut is an extremely large heating-oil market. We plan to market in those areas of the state where supply of product will be most reliable and consistent", said Paul Kaufman, operations manager See datacenter manager. for ClickableOil.com. Nicholas Cirillo, Jr., president of Clickable Enterprises said, "Consumers are making it increasingly clear that they want opportunities to save money using any avenue possible. Energy costs have crushed the consumer leaving no option but to seek alternative suppliers like ClickableOil.com." The company's technology-driven, easy to use website that offers discounted heating oil, maintenance and services to consumers is revolutionizing the home heating oil industry. About Clickable Enterprises, Inc. Clickable Enterprises, through its wholly owned subsidiary, ClickableOil.com, Inc., is the first Internet-based home heating oil company. Based in Mount Vernon, New York For other places with the same name, see Mount Vernon (disambiguation). Mount Vernon is a city in Westchester County, New York. It is just north of New York City's Bronx border. , the company leverages the Internet and proprietary order processing and pricing software to offer its customers well priced home heating oil primarily in the 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 metropolitan region. ClickableOil.com specializes in price control, risk management, and product positioning, leaving the physical transportation of the product to specially chosen vendors. The company plans to continue to grow geographically throughout New York, New Jersey, Pennsylvania, and eventually the entire Northeast. For more information, please 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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