Earthshine International Ltd.

November 05, 2007 09:30 ET

Earthshine International Announces Audited Financial Results for Three Prior Years

LONDON, UNITED KINGDOM--(Marketwire - Nov. 5, 2007) - Earthshine International Ltd. (PINK SHEETS:ETHS) is pleased to announce that it has initiated trading on the pink sheet exchange. Earthshine is a global commodities trading company which has built a sound record of successful trading operations in a highly regulated market. The company intends to trade initially on the pink sheets and move quickly to a major exchange within the calendar year 2008.

Earthshine is pleased to announce it's audited and published trading results for the last three years in terms of turnover and gross profit:

Turnover Gross Profit

2004 USD$18,827,299 USD$954,273

2005 USD$14,870,364 USD$830,478

2006 USD$20,938,189 USD$996,883

The company's sales for the above periods are mostly into Western Europe and the Middle East.

Anthony Sharp CEO quotes "I am excited about our market debut as this now allows Earthshine to rapidly expand its market presence through accelerated organic growth and via some exciting potential M&A targets that have arisen recently".

Earthshine specializes in the distribution of commodities (including but not limited to fast moving, price sensitive technology products) to distributors and retailers around the world. Dedicated to building and maintaining customer relationships for the longest term, Earthshine manages the entire purchasing process to include: sourcing, insuring, shipping and clearance of goods at destination. Earthshine maintains the highest level of security in strict compliance with regulatory guidelines. Using its sectoral expertise and experience to identify the investment potential in related businesses, Earthshine will raise the requisite corporate finance and incubate such businesses with a view to maximizing their value and ultimately devising profitable and expedient exit strategies.

Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans and consummate the proposed acquisition, actual results may differ materially from the expectations expressed in the forward-looking statements.

Contact Information

  • Earthshine International Ltd.
    Anthony Sharp
    Chairman & CEO
    UK Office +44 207 351 4800