03:40 PM EST - EcoSynthetix Inc. : announced that it expects revenue for the fourth quarter ending December 31, 2011 to be approximately $3.2 to $3.5 million compared to $5.9 million during the same quarter in 2010. The change in revenue is due to significantly reduced sales to a major customer in Asia and customers reducing their raw material inventories due to general market weakness in the paper and paperboard industry. EcoSynthetix Inc.
shares T.ECO are trading down $0.75 at $5.30.
