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PECD Pet Ecology Brands, Inc. featured news, full reports, and detailed charts

Pet Ecology Brands, Inc. (PECD/PECD.PK) Wrap Up:

Pet Ecology Brands, Inc. engages in the development, manufacture, and marketing of products for pets. Its products include Scoop- Lite Litter for cats; Scientific Cat Litter that indicates when a cat has a urinary tract infection; and K-9 Fat Free Healthy Dog Treats for dogs. The company was founded in 1996 and is based in Dallas, Texas
www.petecology.com
Founded in 1996

Pet Ecology Brands, Inc. (PECD:OTC)

Market Cap
97.4K
Total Revenue
327.9K
EBITDA
6.6M
DILUTED EPS TTM
-0.32
P/E
--
P/S
0.5x
Return On Asset
-2,634.99
Return On Equity
363.18
K = Thousands  M = Millions  B = Billions

PECD Top Compensated Officers

Mr. Ralph J. Steckel
Chairman, Chief Executive Officer and Preside...
Age: 66
Total Annual Compensation: $120.0K

Executives, Board Directors

Compensation as of Fiscal Year 2007.

Key developments for Pet Ecology Brands, Inc. (PECD)

Pet Ecology Brands Inc. Becomes Operational in New Headquarters and Manufacturing Facility

Pet Ecology Brands Inc. announced that its new 15,000 square state of the art manufacturing facility in Miami, Florida is now operational. The facility has been specifically designed for the custom manufacturing of its patented litter products to include conveying, blending and packaging equipment for high volume requirements. The manufacturing site, co-located with the Company's corporate offices includes a fully equipped testing laboratory for quality assurance and new product development. It is intended that other products will eventually be produced from this same facility.

Pet Ecology Brands Inc. Wins Lawsuit Against TBeck Capital

Pet Ecology Brands Inc. announced that it has secured a summary judgment against TBeck Capital in which all claims totaling $500,000 made by TBeck in a previously filed lawsuit have been dismissed in addition to liabilities amounting to approximately $400,000 that had been recorded in Pet Ecology's audited financial statements for the years ended December 31, 2006 and 2007. The claims made in TBeck's original filing had been noted by counsel to be frivolous and without merit. Further 417,000 warrants owned by TBeck or its affiliates have also been cancelled.

Pet Ecology Brands Inc. Announces Change of Directors

Pet Ecology Brands Inc. announced that changing of the Board of Directors through the addition of a new Board member to replace Robert Salluzzo who resigned as of December 12, 2008. Salluzzo was replaced by Jonathan Martin, a hedge fund portfolio manager from Ridgefield, CT. Prior to this date two Board members, Alexandra Fincher and Weston Kirby, had resigned and were replaced by Michael Vasquez and Charles Miller. Mr. Vasquez is a telecom executive with significant business and management experience. Mr. Miller is an attorney and deputy managing director of Patton Boggs.

otc, otcbb, pinksheet, PECD, ob Pet Ecology Brands, Inc.

PECD Competitors

Company Last Change
Church & Dwight Co. Inc $58.26 USD -0.25
Clorox Co $59.65 USD -0.20
Procter & Gamble Co $61.80 USD -0.35
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation PECD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful

PECD

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PECD transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent News About Pet Ecology Brands, Inc.

More news for PECD

Pet Ecology Brands, Inc. Becomes Operational in New Headquarters and Manufacturing Facility

MIAMI, FL--(MARKET WIRE)--Apr 7, 2009 -- Pet Ecology Brands, Inc. (Other OTC:PECD.PK - News) announced that its new 15,000 square state of the art manufacturing facility in Miami, Florida is now operational. The facility has been specifically designed for the custom manufacturing of its patented litter products to include conveying, blending and packaging equipment for high volume requirements. The manufacturing site, co-located with the Company's corporate offices includes a fully equipped testing laboratory for quality assurance and new product development. It is intended that other products will eventually be produced from this same facility. Ralph Steckel, President and CEO, noted that, "The new manufacturing facility provides Pet Ecology with significantly increased production capacity, estimated to be in excess of 1.2 million pounds of litter per month. This allows us to approach major discounters such as Walmart and Target with the confidence that we can deliver product, while simultaneously expanding our presence in retail food and drug chains." He went on to say that, "The capacity of our plant is approximately 6 times greater than what we can secure from our present outsourced contract manufacturing locations and it gives us the flexibility of being able to react immediately to customer product need."He also noted that, "We have been able to secure from component vendors cost reductions approximating 35%. Combining this with an expected 65% reduction in the cost of blending and packaging due to having our own manu...
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Pet Ecology Brands Inc. Wins Lawsuit, Results in Elimination of Claims of $500,000 and $400,000 in Recorded Debt

DALLAS, TX--(MARKET WIRE)--Jan 13, 2009 -- Pet Ecology Brands, Inc. (Other OTC:PECD.PK - News) announced today that it has secured a summary judgment against TBeck Capital in which all claims totaling $500,000 made by TBeck in a previously filed lawsuit have been dismissed in addition to liabilities amounting to approximately $400,000 that had been recorded in Pet Ecology's audited financial statements for the years ended December 31, 2006 and 2007. The claims made in TBeck's original filing had been noted by counsel to be frivolous and without merit. Further 417,000 (post October 2007 reverse split) warrants owned by TBeck or its affiliates have also been cancelled. TBeck is an entity that had provided investment capital to Pet Ecology in 2005 and 2006. Ralph Steckel, PEB's President and CEO, expressed satisfaction with the court's ruling and added, "The elimination of this debt represents a tremendous improvement to our balance sheet in that it represented nearly 25% or our recorded liabilities. As important we have eliminated a nuisance lawsuit that has cost us in legal fees and time."About Pet Ecology Brands, Inc.Pet Ecology Brands, Inc. has developed a revolutionary patented cat litter that destroys urine odor, clumps, and is earth-friendly. The litter is ultra-lightweight and convenient to use (3 lbs works like 21 lbs of clay/sand-based products), it is 100% flushable and safe for sewer and septic tank systems. Most importantly, it is completely safe for cats and our environment, and does not contain any sodium ben...
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