This summer FTEG was trading for over $.10 a share with millions of shares in volume. It has since slowly and methodically fell to sub $.01 levels and rests only a couple of ticks away from its all time lows.
I think this stock is poised for a rebound from current levels.
The company is CURRENT at OTCMARKETS. They are up to date on all filings.
They have an attractive share structure for a stock at these prices:
|Shares Outstanding||411,961,477||a/o Sep 30, 2011|
|Float||113,678,555||a/o Sep 30, 2011|
|Authorized Shares||500,000,000||a/o Sep 30, 2011|
They have also been keeping the public updated about their operations via press releases. This is a stock to watch for a move higher from here.
PHOENIX, AZ, Nov 04, 2011 (MARKETWIRE via COMTEX) -- Earlier this week, For The Earth Corporation (PINKSHEETS: FTEG) began talks with a highly successful sales and marketing consultancy based in Great Britain. They were initially attracted to Kat-Box King's Litter To Go -- a fully recyclable cat box and litter combination -- which is part of For The Earth's portfolio of businesses.
According to Pet Product News, retail sales for the pet industry totaled $61 billion in 2009 worldwide and are forecasted to continue to grow through 2014. Coupling this dawning relationship with this consultancy and their recent alignment with an experienced European distributor, For The Earth is poised to break into multiple markets at once with an established infrastructure capable of meeting the demands, challenges, and certain successes that come with such an intelligent business move.
"The potential that the European market represents is enormous, and we believe For The Earth's portfolio of products fits the visions and goals of both the consultancy and distributor in that market," says Nelson Grist, President and CEO of For The Earth Corporation. "We are very excited to have begun a relationship with both of these companies. By both expanding into the European market and bringing more products from Europe to North America, not only do we anticipate huge potential for increased sales, but look forward to the invaluable opportunity to build world awareness for the company and its phenomenal products," Grist adds. For The Earth Corporation's vision is to produce environmentally friendly products with purpose.
For more information please visit www.ftec.co All investor inquiries should be directed to the investor relations team at (888)206-1358 or email@example.com.