Seychelle Reports Q2 Earnings Gapped up 2 ½ Times for Period Ended August 31, 2015 vs. Prior Year

Oct 12, 2015, OTCQB, SYEV OTC Disclosure & News Service  Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (Seychelle) (OTCQB: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles made several announcements today relating to its most recent fiscal quarter’s end and issued forward guidance for Q3. For Q2 ended August 31, 2015, Revenue was $2,724,829 compared to $767,216 in the prior year, an increase of $1,957,611 (+255%). In addition, Net Income after taxes of $515,077 was an increase of $857,665 (+250%) compared to the prior year’s Net Loss after taxes of $342,588. This is more than 2 1/2 times the Net Income vs. prior year. In addition, the Company reported that sales revenue for the first six months of the fiscal year ended August 31, 2015 was $5,072,012 compared to $1,874,514 in the prior year, up $3,197,498 (+171%). Net Income after income taxes was $987,585 for the same period
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