Friday, November 11, 2011

OurPet's Company Reports 2011 Third Quarter Results

FAIRPORT HARBOR, Ohio, Nov. 11, 2011 /PRNewswire/ -- OurPet's Company (OTC BB: OPCO) (www.ourpets.com), a leading proprietary pet supply company, today reported record third quarter revenue of $4,516,078 for the three months ended September 30, 2011. Due to a change in sales and marketing strategy, the Company recorded a $450,000 non-cash, inventory reserve adjustment in the 2011 third quarter. Additionally, a $92,000 deferred tax liability was recognized during the 2011 third quarter. As a result, the ...continued
     

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