Yesterday, Environmental Infrastructure Holdings Corp. (OTC:EIHC) announced the launch of their corporate site. Today, another PR is out before the open.
The launch of the site brought some volume to EIHC, and with 3.5 million shares traded it closed 84.83% up at $0.039 per share. Additionally, AIHC appeared in a paid newsletter.
Today’s press release says a division of EIHC’s Equisol has completed the requirements to be EPA certified. This will enable Equisol’s division to work as environmental professionals at state, local, and tribal agencies.[BANNER]
Hopefully, this will help EIHC generate more revenue and eventually turn profitable. For now the financial performance of the company is not overly inspiring:
- $20,740 cash
- $484,191 total current assets
- $1.8 million total current liabilities
- $620,308 revenue for Q1 ($776,929 same quarter 2010)
- $204,941 operating loss
- $384,067 net loss
Additionally, there has been some substantial dilution in Q1. It will be interesting to see how this one fares today with the news.
