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Planet Nutrition's Proposed Acquisition Extreme Fitness Inc. Reports Revenues for February Planet Nutrition Holdings Inc.'s (PINKSHEETS: PNHL) proposed acquisition Extreme Fitness Inc. has recently reported that for the month of February it showed $182,763.14 in revenues. "This last month we had a great month in sales and have been extremely busy with orders," stated Extreme Fitness officer John Huerta.
ABOUT EXTREME FITNESS, INC. I M & M Exercise Equipment, wholly owned subsidiary of Extreme Fitness Inc., founded in 1983, known at that time as Industrial Machine and Manufacturing, tapped into the emerging exercise equipment market. A family owned business based out of Penrose, Colorado working out of an existing 7,500 square foot building with office space, manufacturing resources, shipping and receiving capabilities and approximately 6 acres of yard space. Father Frank Huerta, with sons Tom and John Huerta, capitalized on their sophisticated machining and manufacturing skills to engineer what rapidly became established as the premier exercise equipment on the market. The trio self-engineered and designed hundreds of products and implemented manufacturing processes for all stages of development and production, effectively driving ideas all the way from the drawing board to the customer's gym. The company became well known for its superb craftsmanship and exceptional customer service. Word of mouth referrals became (and persist to this day), the main mode of advertising. High profile clients continue to demand their products and services such as the United States Olympic Training Centers, Colleges and Universities, Professional Sports Teams, Major Chain Health Clubs as well Celebrities and Professional athletes and coaches. The trio brings more than 66 years of combined experience and over 3 decades of successful business in the fitness industry. This wealth of understanding of industry standards, product engineering, and market history, trends and pitfalls is of utmost value to their continued success and ability to innovate new products.
ABOUT PLANET NUTRITION HOLDINGS INC.
Planet Nutrition, Inc., wholly owned subsidiary of Planet Nutrition Holdings Inc., has been in business since 1999 as a retailer of nutritional products and programs in the diet and nutrition industry. By offering a superior product line, employing innovative marketing techniques and developing strategic partnerships with manufacturers and distributors, the company maintains an uncompromising commitment to quality while ensuring the best value to our customers.
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Please see the thread below to add to PNHL.
Great to see you and welcome aboard. Seems like there has been a small amount of accumulation recently. Nothing major by any means, but just enough to keep it hovering.
Could be interesting in the future.
Posts: 6 | Registered: May 2008
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It should be positive (usually every press release is positive, they do not want to attract attention if it is negative). Both companies are trying to get on the "same page" (sort of speak) before they release anything.
thanks a have a great weekend. Dominic Martinez M & M Investor Relations
Posts: 50 | From: PA | Registered: Nov 2007
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0003-this pr. just on pinksheets today--maxed out-------------PNHL Planet Nutrition Holdings Letter to Shareholders
CORNELIUS, NC, Sep 12, 2008 (MARKET WIRE via COMTEX) -- Planet Nutrition Holdings Inc. (PINKSHEETS: PNHL) is issuing this Letter to all Shareholders in order to address questions that we have been receiving. The text of the letter is as follows: From: Daniel Starczewski, CEO, Planet Nutrition Holdings, Inc.
To the Shareholders:
The acquisition of IM&M Exercise Equipment (make of Extreme Fitness products) was through a stock exchange. Thereby making IM&M a wholly owned subsidiary of Planet Nutrition Holdings Inc. The company has announced before that it did not plan any stock splits for the year of 2008. Also there are no plans to increase the authorized shares of the company from the present 1.5 billion shares. On July 28, 2008 we issued a press release stating, the company's projected revenues for 2008 & 2009, they were as follows:
-- 2008 -- should be just over 2 million dollars -- 2009 -- should be 4 million dollars
These figures were based on upcoming projects that are being planned. Daniel Starczewski, CEO
About Planet Nutrition, Inc.
Planet Nutrition, Inc. has been in business since 1999 as a retailer of nutritional products and programs in the diet and nutrition industry. By offering a superior product line, employing innovative marketing techniques and developing strategic partnerships with manufacturers and distributors, the company maintains an uncompromising commitment to quality while ensuring the best value to our customers.
SAFE HARBOR: Statements in this press release other than statements of historical fact, including statements regarding the company's plans, beliefs and estimates as to projections are "forward-looking statements." Such statements are subject to certain risks and uncertainties, including factors listed from time to time in the company's SEC filings, and actual results could differ materially from expected results. These forward-looking statements represent the Company's judgment as of the date of this release. The Company does not undertake to update, revise or correct any forward-looking statements.
Contacts North America Planet Nutrition Holdings, Inc. Investor Relations Contact: Investor Relations Dominic Martinez 866-508-2092 Email: dominic*mandminvestorrelations.com
Copyright 2008 Market Wire, All rights reserved. -0-
SUBJECT CODE: Medical and Healthcare:Health and Nutrition Lifestyle and Leisure:Personal Care/Fitness
Posts: 3056 | Registered: Feb 2005
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will buy more next week when funds clear--this belongs over .001--just a 450k market cap at this pps
Posts: 3056 | Registered: Feb 2005
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from another board--------------Posted by: stervc Date: Saturday, September 13, 2008 7:54:38 PM In reply to: alexindef who wrote msg# 8956 Post # of 8967
Alexindef, although it's not clear...
That last PNHL PR indicated that the 2008 and 2009 Revenues for the company should be ...
I still believe that they are only referring to the Revenues that are expected to be generated by Extreme and do not include their projections from their Peak Fitness deals. That's an extra $10 million as indicated in the IBox which is still reflected within their website below:
http://www.planetnutritiononline.com/investor ...Planet Nutrition has recently entered into an agreement with Peak Fitness Center, which operates fitness centers at 37 locations in North and South Carolina, to sell its products at stores within these centers. Through this venture, the Company expects to be generating approximately $10 million in annualized revenue by 2009, assuming stores in 40 Peak Fitness centers and generate 30-35% gross margins on in-store sales. ...
If you call the company, they will confirm that those two projections for Extreme and Peak Fitness should be combined which is why I think investors had originally interpreted such as a decline in Revenues and Revenues Projections when actually the two should have been combined for an even greater total.
Once people call to confirm this and see for themselves that Peak Fitness is still very much a part of PNHL, investor confidence might be a little different. I still think that it is simply a matter of time before PNHL trades at the much higher levels it deserves.
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This is unheard of! A subpenny stock that is not diluted and also doing 2-3 million business now and expecting to increase to at least 4-5 million in 2009! TRADING NOW AT 0.0003- 0.0004!!!! One day this will blow past everyone up to 0.02 - 0.05!!!!!!
Posts: 50 | From: PA | Registered: Nov 2007
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quote:Originally posted by hope4success: This is unheard of! A subpenny stock that is not diluted and also doing 2-3 million business now and expecting to increase to at least 4-5 million in 2009! TRADING NOW AT 0.0003- 0.0004!!!! One day this will blow past everyone up to 0.02 - 0.05!!!!!!
just few points: subpenny with maxed-out o/s, with promises to have NO r/s and NO a/s increase and projected revenue of $12M
Posts: 1580 | From: World | Registered: Jul 2006
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hmmmmm a familiar calling. I have a couple sitting at .0003
oh wait.... they're at .0001 now grrrrr
Oh DAM got delisted!
Freekin pinks!
Anyway. Might take a look.
Not that I have enough dead pinks in my portfolio
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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quote:Originally posted by hope4success: This is unheard of! A subpenny stock that is not diluted and also doing 2-3 million business now and expecting to increase to at least 4-5 million in 2009! TRADING NOW AT 0.0003- 0.0004!!!! One day this will blow past everyone up to 0.02 - 0.05!!!!!!
Just read that a few times....
It gets funier each time!
It just comes across as one of those door to door salelesmen from the 70's that are 2 good to be true. Where's the beef?
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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The Company is a retailer of products and programs for the diet and nutrition industry. Given the growing concern in the US about health and weight issues, the Company is likely poised for healthy growth in the years ahead. According to Nutrition Business Journal, the global nutrition market grew from $172 billion in 2003 to $226 billion in 2006. Demand for nutritional products is expected to expand further due to changing consumer demographics (baby-boomers are reaching age 60), growing awareness of diet/disease relationships and increasing acceptance of alternative healthcare practices. Demand for dietary and weight loss products is increasing as a result of growing obesity concerns. Planet Nutrition has recently entered into an agreement with Peak Fitness Center, which operates fitness centers at 37 locations in North and South Carolina, to sell its products at stores within these centers. Through this venture, the Company expects to be generating approximately $10 million in annualized revenue by 2009, assuming stores in 40 Peak Fitness centers and generate 30-35% gross margins on in-store sales.
PNHL Planet Nutrition Holdings Letter to Shareholders
CORNELIUS, NC, Sep 12, 2008 (MARKET WIRE via COMTEX) -- Planet Nutrition Holdings Inc. (PINKSHEETS: PNHL) is issuing this Letter to all Shareholders in order to address questions that we have been receiving. The text of the letter is as follows: From: Daniel Starczewski, CEO, Planet Nutrition Holdings, Inc. To the Shareholders: The acquisition of IM&M Exercise Equipment (make of Extreme Fitness products) was through a stock exchange. Thereby making IM&M a wholly owned subsidiary of Planet Nutrition Holdings Inc. The company has announced before that it did not plan any stock splits for the year of 2008. Also there are no plans to increase the authorized shares of the company from the present 1.5 billion shares. On July 28, 2008 we issued a press release stating, the company's projected revenues for 2008 & 2009, they were as follows: -- 2008 -- should be just over 2 million dollars -- 2009 -- should be 4 million dollars These figures were based on upcoming projects that are being planned. Daniel Starczewski, CEO
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