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Incoming Inc's Customers Performance
ICNN
Customers of Incoming Inc saw their costs of revenue decline by -11.77 % in Q2 compare to a year ago, sequentially costs of revenue were trimmed by -25.32 %, for the same period Incoming Inc
• List of ICNN Customers
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Customers Net Income fell in Q2 by |
Customers Net margin grew to |
-0.73 % |
5.84 % |
Incoming Inc's Comment on Sales, Marketing and Customers
Our main customers are petroleum distributors in the Southeast region of the United
States. However, we may seek out alternative markets to sell our biodiesel. Additional
markets are emerging because of the biodiesel incentives, high energy prices and
innovation. These may include sales to power generation facilities or by developing
cogeneration power plants using biodiesel to provide electricity to power industrial
plants (excess electricity would be sold back to power grids allowing electric
companies to meet RFS). Further, a potential market exists for sales of biodiesel
to customers as a cleaner burning heating oil replacement or additive.
We have no contractual relationship to sell our products. We determine the
price and thereafter sell to our customers on a first come, first serve basis.
We sell a portion of our finished product to Echols Oil Company ("Echols"),
which is owned by R. Samuel Bell, Jr., our Chairman and CEO. Echols is a petroleum
distributor in the Southeast that utilizes biodiesel.
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