Recent

% | $
Quotes you view appear here for quick access.

Vital Products, Inc. Message Board

  • zac162 zac162 Jan 5, 2009 9:44 AM Flag

    VTLP News: $20 Million Projection...

    Vital Products, Inc. Collaborates With Three Bio-Based Global Packaging Product Distributors

    CONCORD, Ontario, Jan 05, 2009 /PRNewswire-FirstCall via COMTEX/ -- ** Combined Business Projected at 20 Million Dollars **
    Vital Products, Inc. (OTC Bulletin Board: VTLP), a multi-channel innovator in the industrial packaging sector, announced today that throughout the month of December it has made some very significant advances in our endeavor to convert the foam-in-place market from plastics to bio-based foam.

    Three Global players and one North American company all invited Vital to present our new bio-based foam technology to their marketing and technical groups. The discussions with each company included individual market share, technical service abilities, number of sales people, and expected growth projections with regards to total market value. More important were the discussions regarding the time frame required for each company to convert their current business over to Vital's bio-based foam.

    Vital Products Chief Executive Officer Michael Levine remarked, "This is an important point of reference; by offering a time frame it shows their commitment to convert to our product." These companies combined represent 13 million pounds of current business."

    With reference to the technical discussions, Vital Products Chief Executive Officer Mr. Levine said, "The results of the technical trials at each company were much better than expected, our product performed very well regardless of the differences in the equipment of each company". Mr. Levine further commented, "We expect initial purchase orders as soon as mid January from the four companies that we visited; these orders could equal approximately $20 million in annualized sales."

    About Vital Products, Inc.

    Vital Products, Inc. is a distributor of industrial packaging products. The company plans to identify and invest in emerging market segments in the industrial packaging sector as well as research and develop products it can patent and license in the environmentally sustainable packaging markets. For more information visit our website at http:// www.vitalproductsinc.com

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The share price is LESS THAN A THIRD of what it was when they released this underwhelming news 8 days ago. Are you feeling that burning sensation in your most sensitive of areas yet? Is this the market response the CEO is talking about?

    • Vital Products, Inc. Commenced Production of Bio-Based Packaging

      CONCORD, Ontario, Jan 13, 2009 /PRNewswire-FirstCall via COMTEX/ -- ** Combined Business Projected at 20 Million Dollars **
      Vital Products, Inc. (OTC Bulletin Board: VTLP), a multi-channel innovator in the industrial packaging sector, announced today that it has commenced production of its Bio-Based foam in place packaging product.

      Vital Products Chief Executive Officer Michael Levine remarked, "Based on the market response and the success of product trials we have decided to ramp up production in anticipation of shipping orders later this month."

      Levine continues, "We expect to ship our first orders of our Bio-Based foam by the end of January 2009. Initial projections based on our customer response suggest that by end of year the company could achieve sales in excess of $ 20 million."

      About Vital Products, Inc.

      Vital Products, Inc. is a distributor of industrial packaging products. The company plans to identify and invest in emerging market segments in the industrial packaging sector as well as research and develop products it can patent and license in the environmentally sustainable packaging markets. For more information visit our website at http://www.vitalproductsinc.com

      SOURCE Vital Products, Inc.

    • Sounds encouraging, this is a real company it appears.

 
VTPI
0.00040.0000(0.00%)Aug 28 2:01 PMEDT