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Natural Nutrition Subsidiary Reports Record Third Quarter Revenue and EBITDA Wednesday October 10, 1:25 pm ET
HOUSTON, Oct. 10 /PRNewswire-FirstCall/ -- Natural Nutrition, Inc (OTC Bulletin Board: NNTN - News) announced today that it's operating subsidiary, InterACTIVE Nutrition, Inc. (INII) http://www.interactivenutrition.com achieved record unaudited sales of $4,439,000 (CDN) and $601,000 (CDN) in EBITDA in the three month period of July, August, and September 2007. Tim Connolly, CEO of Natural Nutrition, stated "We are pleased to report record results for our first full quarter for InterACTIVE Nutrition since we took over operating control in May. We look forward to our shareholder conference call tomorrow to discuss our current operating results and future prospects for the company in 2008." ADVERTISEMENT
About Natural Nutrition and InterACTIVE Nutrition, Inc.
InterACTIVE Nutrition International Inc., is partially owned by Corporate Strategies Merchant Bankers, and is a majority owned subsidiary of publicly traded Natural Nutrition, Inc. (OTC Bulletin Board: NNTN - News). InterACTIVE Nutrition is an international leader in sports and nutritional supplements backed by over 10 years of research, development and sales of sports nutrition products in over fifteen countries throughout the world. InterACTIVE Nutrition's trusted products are scientifically formulated, and manufactured to improve athletic performance and overall health. For more information on any of InterACTIVE Nutrition's products, please visit http://www.interactivenutrition.com.
This press release contains forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Natural Nutrition's expectations regarding future sales and profitability assume, among other things, stability in the economy and reasonable growth in the demand for its products, the continued availability of raw materials at affordable prices, retention of its key management and operating personnel, as well as other factors detailed in Natural Nutrition's filings with the Securities and Exchange Commission. The forward-looking statements, assumptions and factors stated or referred to in this press release are based on information available to Consolidated Graphics today. Natural Nutrition expressly disclaims any duty to provide updates to these forward-looking statements, assumptions and other factors after the day of this release to reflect the occurrence of events or circumstances or changes in expectations.
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Short Term Indicators 7 Day Average Directional Indicator - Buy 10 - 8 Day Moving Average Hilo Channel - Buy 20 Day Moving Average vs Price - Buy 20 - 50 Day MACD Oscillator - Buy 20 Day Bollinger Bands - Hold
Short Term Indicators Average: 80% - Buy 20-Day Average Volume - 864,295
Medium Term Indicators 40 Day Commodity Channel Index - Buy 50 Day Moving Average vs Price - Buy 20 - 100 Day MACD Oscillator - Buy 50 Day Parabolic Time/Price - Buy
Medium Term Indicators Average: 100% - Buy 50-Day Average Volume - 378,704
Long Term Indicators 60 Day Commodity Channel Index - Buy 100 Day Moving Average vs Price - Buy 50 - 100 Day MACD Oscillator - Buy
Long Term Indicators Average: 100% - Buy 100-Day Average Volume - 204,185
Overall Average: 96% - Buy
Price - 0.0650 Support - 0.0410 Pivot Point - 0.0690 Resistance - 0.0970
Posts: 8 | From: Las Vegas | Registered: Oct 2007
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Correct, that means cheap shares for those who see the potential of this stock/company early. NNTN's 10Q is due out in a few days. It will be interesting to see how the street reacts to it and the shorts are forced to cover.
Posts: 8 | From: Las Vegas | Registered: Oct 2007
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