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Swiss Medica Enjoys Explosive 024 Oil Success
May 23, 2005
1 Min Read
Swiss Medica Enjoys Explosive 024 Oil Success
TORONTOSwiss Medica Inc. (OTCBB:SWME) reported exponential revenue growth for its first quarter 2005, endedMarch 31. Sales of its flagship 024 Essential Oil Pain Neutralizer generated $1.3million in quarter revenues, up 315 percent from fourth quarter 2004 and 181percent more than total fiscal 2004 revenues. Raghu Kilambi, chief executiveofficer, noted Continuous reorders of the companys flagship essential oilproduct by existing customers in Canada and the United States demonstrate thegrowing consumer interest that fuels such revenue growth.
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