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Acology, Inc. Announces Increasing Sales Demand for Patented Polypropylene (PP) Airtight, Watertight, Medical Grade Container With Built-In Grinder
Acology, Inc. Announces Increasing Sales Demand for Patented Polypropylene (PP) Airtight, Watertight, Medical Grade Container With Built-In Grinder.
About this update from Advanced Container Technologies Inc.
[{"type":"text","content":"\nAcology, Inc. Announces Increasing Sales Demand for Patented Polypropylene (PP) Airtight, Watertight, Medical Grade Container With Built-In Grinder\n\nAcology, Inc. Announces Increasing Sales Demand for Patented Polypropylene (PP) Airtight, Watertight, Medical Grade Container With Built-In Grinder\n\nCORONA, CA--(Marketwired - October 06, 2014) - Acology, Inc. (OTCQB: ACOL), maker of the first-ever polypropylene (PP) airtight, watertight, medical grade container with built-in grinder, announced today that the demand for its proprietary medical grade container is increasing across multiple target markets.  Acology, Inc. believes that aggressive top line growth will continue through the end of fiscal year 2014 and beyond. Net sales increased 87% to $168,547 for the six-month period ended June 30, 2014 as compared to $90,246 for the six-month period ended June 30, 2013. Sales growth will continue with existing customers and products, and through expanding the current product portfolio and customer base. The Company expects current order trends for its product line to continue for the remainder of the fiscal year and the Company is confident in its ability to take advantage of market opportunities. Acology's container is a 20-dram, medical grade, FDA approved polypropylene #5 plastic container. It comes in three pieces, the primary outer portion with upright grinding prongs at the bottom of the container, (outer cylinder) the secondary inner cylinder and container portion with down-pointing grinder prongs, and an airtight, watertight lid.  The Company's container is unique in the medical container industry because the container is watertight, smell-proof, and airtight and is appropriate for a variety of uses. It can store contents that are both wet and dry. It has the capability to store, travel, be dispensed, be shipped, grind its content and exceeds medical and pharmaceutical industry parameters. Chief Executive Officer Curtis Fairbrother said, \"The Company remains committed to its core strategies, which include building a wide range of quality product offerings and price points combined with a tactical approach to business.  Acology, Inc. will maintain our focus on a strong balance sheet through emphasis on cash flow and improving profitability. We believe these core strategies are in the best interest of our sh...