Totally Green Reports First Quarter 2013 Results

  Totally Green Inc. (PINKSHEETS: TLGN) ("TG" or the "Company"), an innovator in organic food waste processing and diversion, reported results for the quarter and year ended March 31, 2013.

Total revenue was $247,453 for the quarter ended March 31, 2013, compared to $146,284 for the quarter ended March 31, 2012. The increase in revenue is a result of the sale of 5 ORCA machines under the previous "Unit Sales" model. These sales were contracted before the Company switched to a "Service as a Solution" model, in which the Company's revenue is based on monthly service fees and not sales. ORCA service fees were $54,855 for the first quarter, compared to $19,600 in the fourth quarter of last year.

Q1 2013 Operational Highlights

We installed 12 units during the quarter as we took shipment of the recently improved ORCA machines and we signed 17 new customers to trials.

The Company has continued to focus on the Toronto market as we refine our processes to serve customers under the Service as a Solution model before expanding across North America.

Management Commentary

"I am confident that we now have the infrastructure in place that is required to enable the growth of our business model into other cities," said Shawn Dym, CEO of Totally Green. "We expect to build on the momentum we have created in Toronto, and launch in a major U.S. market by the end of Q2."

"We continue to be pleased with our new operating model, with ORCA service fees up 180% over last quarter. We feel this is a strong sign of customers being receptive to our offering, and we continue to expect robust growth of ORCA service fees as we expand into new markets."

About Totally Green Totally Green, Inc. develops and markets the company's ORCA Green™ Machine. The ORCA (Organic Refuse Conversion Alternative) machine allows for rapid composting of most organic material in institutional and commercial end-user applications, after which the liquid compost is disposed of through the ordinary sewer system. The machine creates meaningful cost savings for customers while diverting food waste from landfills and reducing methane gas production. For more information, please visit www.totallygreen.com.

Important Cautions Regarding Forward-Looking Statements This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, the uncertainty of market trends, the competition faced from other current and future technologies and the uncertainties of competitive pressures we face. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements.

                             TOTALLY GREEN INC.
                               BALANCE SHEETS

                                                              December 31,
                                            March 31, 2013        2012
                                               Unaudited         Audited
                                           ---------------- ----------------

                                   ASSETS

CURRENT ASSETS
  Cash & Cash Equivalents                           148,330          733,411
  Temporary Investments - Restricted                 25,000           25,000
  Trade Accounts Receivable, net                    195,981           60,723
  Deposits                                           35,250                -
  Accounts Receivable - Other                        40,255            4,754
  Prepaid Expenses                                    6,046           16,166
  Inventory                                          14,948           16,894

                                           ---------------- ----------------
Total Current Assets                                465,810          856,948
                                           ---------------- ----------------


PROPERTY & EQUIPMENT

  Property and Equipment                            566,496          426,204

                                           ---------------- ----------------
Property and Equipment, net                         566,496          426,204
                                           ---------------- ----------------



                                           ---------------- ----------------
TOTAL ASSETS                               $      1,032,306 $      1,283,152
                                           ================ ================


                                             Jan - Mar 31,
                                                 2013       December 31,2012
                                               Unaudited         Audited
                                           ---------------- ----------------

                           LIABILITIES AND EQUITY

Current Liabilities
  Accounts Payable                                  206,794          167,740
  Other Liabilities                                  45,150           40,817

                                           ---------------- ----------------
Total Current Liabilities                           251,944          208,557
                                           ---------------- ----------------

                                           ---------------- ----------------
Total Liabilities                                   251,944          208,557
                                           ---------------- ----------------

EQUITY
  Common Stock - $0.001 Par Value,
   750,000,000 shares authorized
   13,825,727 and 13,825,727 shares issued
   and outstanding at December 31, 2012              13,825           13,825
  Preferred Stock:
    Series C - $0.001 Par Value 50,000
     sharesauthorized, issued and
     outstanding                                         50               50
    Series E - $0.001 Par Value 12,000
     sharesauthorized, issued and
     outstanding                                         12               12
    Series F - $0.001 Par Value 7,000
     sharesauthorized, issued and
     outstanding                                          7                7
  Additional Paid in Capital:
  Common Stock                                    6,308,633        6,308,633
    Preferred Stock - Series C                    4,499,950        4,499,950
    Preferred Stock - Series E                      700,603          700,603
    Preferred Stock - Series F                      233,535          233,535
                                           ---------------- ----------------
Total Paid in Capital                            11,756,615       11,756,615

Retained Earnings ( Deficit)                    -10,976,253     - 10,682,020

                                           ---------------- ----------------
Total Equity                                        780,362        1,074,595
                                           ---------------- ----------------

TOTAL LIABILITIES and EQUITY               $      1,032,306 $      1,283,152
                                           ================ ================



                             TOTALLY GREEN INC.
                           STATEMENT OF OPERATIONS

                                              Jan - Mar 2013  Jan - Mar 2012
                                               (Unaudited)     (Unaudited)
                                             --------------- ---------------



Net Sales                                            192,598         146,284

ORCA Service Fees                                     54,855               -

                                             --------------- ---------------

Total Sales                                          247,453         146,284

Cost of Goods Sold                                   112,583          87,890
                                             --------------- ---------------

Gross Profit                                         134,870          58,394

Other Income                                           5,816               -

Operating Expenses

  Selling, general and administrative
   expenses                                          436,116         525,228

                                             --------------- ---------------
Total Operating Expenses                             436,116         525,228
                                             --------------- ---------------

Operating Loss                                     - 295,430       - 466,834
                                             --------------- ---------------

Other Incomes /(Expenses)
  Other Income                                         1,197         132,398
  Interest Expense                                         -        - 25,801

                                             --------------- ---------------
Total Other Income / (Expense)                         1,197         106,597
                                             --------------- ---------------


Net Loss Attributable to Common Stockholders      -$ 294,233      -$ 360,237
                                             =============== ===============

Add to Digg Bookmark with del.icio.us Add to Newsvine

Shawn Dym Chief Executive Officer Totally Green, Inc. Tel [phone]