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NXT Nutritionals Holdings, Inc. Message Board

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  • rogerfeldman rogerfeldman Oct 12, 2009 9:38 PM Flag

    I've done some research on nxth and

    Some things to be concerned with is how many shares are currently outstanding, and how many shares the company is authorized to sell, & planning to sell in the future which will dillute the stock price, and as with any company, are the Corp. Officers honest? Also are they buying shares in their company or are they selling their shares into the rising stock price? Are the claims for this product going to stand up to further scientific investigation? How much are they paying the well-known Doctors to give their opinions of the products and to sit on the board etc. etc. Are they paying them in cash or stock? Is it a big hit to the bottom line? Will the patents be issued in the US as hoped for? Will a health issue appear from customers "out-of-the-blue" in the months and years down the line bringing on huge lawsuits claiming health damage etc. etc. etc... Lots of issues for any new penny-stock company, especially one selling something the public is putting in their bodies...

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    • Looks like they've "been there, done that":

      Michael McCarthy, President & CEO / Director

      NXT Nutritionals, Inc. is led by entrepreneur and food and beverage industry veteran Mike McCarthy, an executive with over 25 years of experience in the sector. He is the former Vice President of Pepsi-Cola’s Fountain Solutions. While at Pepsi, he was responsible for the development and integration of their Citrus Hill juice products. Michael was also instrumental in the negotiation and subsequent integration of Hawaiian Punch into the Pepsi-Cola system. The results of this assimilation increased fountain sales more than five hundred percent. Mr. McCarthy was also a key component in a national sales effort that was successful in landing several large national accounts. Additionally, he was part of a special acquisition team that was working to increase Pepsi-Cola’s fountain presence.

      As an entrepreneur Michael has been the driving force behind the development of numerous beverage products. He was responsible for the development of Juice Creations, a product that was successfully launched in Massachusetts and then expanded nationally. After selling his business, Juice Creations, to Pepsi Cola, Mr. McCarthy built the Juice Creations product line into a $63 million business in the first year after Pepsi Cola’s acquisition.

      After his career at Pepsi-Cola, he was instrumental in the growth of Al’s beverage Company from a small independent manufacturer to one of the largest independent Royal Crown Cola fountain manufacturers in the United States. In his position as COO of Al’s Beverage Company Michael was responsible for building and operation of one of the most modern independent fountain plants in the country.

      • 2 Replies to pstarink2002
      • Richard M. Jordan, Executive Vice President, General Manager / Director

        Richard Jordan is an expert in branding and sales promotions, with over twenty five years experience in sales, marketing and retail. He received a Bachelor of Science Degree in Advertising and Marketing from Arizona State University, and holds a Masters Degree from Cornell University in Business and Marketing.

        After graduating from college, Richard began his career in the food industry with Nabisco Foods, Inc. After three years with Nabisco, Richard was promoted through various positions, achieving the position of Sales Manager, was honored as Salesman of the Year for Nabisco Brands and served as assistant to the Vice President of Sales and Marketing.

        In 1983 Richard joined The New York State Food Merchants Association, a lobbying and trade relations firm, accepting the position of Director of Trade Relations. In 1987 he was promoted to the office of Executive Vice President and General Manager, the position held until his resignation in 1991.

        Richard then served as President at Jordan Associates Inc., a food brokerage firm, specializing in introducing new products from both small and fortune 500 companies. Prior to his current position at NXT, Mr. Jordan was Vice President of Sales for Healthy Dairy, LLC, now a wholly owned subsidiary of NXT Nutritionals, Inc. In addition to being past President of The Catholic Institute of the Food Industry, Richard chairs a committee on the Food Industry for Covenant House. He sits on the board of directors for the Deborah Heart and Lung Foundation in New Jersey. He also is on the advisory committee for Calvary Hospital in New York City.

      • Mark A. Giresi, Director

        Mark A. Giresi is a retail executive with almost 25 years of experience in various operations and legal roles in the United States and internationally. Most recently, he served as Executive Vice President, International for Limited Brands, Inc., a $9 billion dollar specialty retail business trading under the Victoria’s Secret, Bath & Body Works, White Barn Candle Co., and Henri Bendel brands. In that role, he led the development of the Company’s International growth strategy and the day-to-day management of the growth of Victoria’s Secret and Bath & Body Works outside of the United States. In May 2005, he was appointed EVP, Retail Operations, responsible for the Company’s Real Estate, Store Design and Construction, Visual Merchandising, Store Operations, and Loss Prevention and Brand Protection functions. He was on the Executive Committee of the Company, responsible for its strategy and the overall business performance of its branded specialty retail businesses.

        Mr. Giresi joined Limited Brands in February, 2000 as Vice President of Store Operations and in August, 2001 was promoted to Senior Vice President, Chief Stores Officer for the Company’s almost 4,000 retail stores.

        Prior to joining Limited Brands, Mr. Giresi was Senior Vice President of U.S. Franchise Operations and Development for Burger King Corporation, responsible for the restaurant operations and support to almost 8,000 franchise-owned and operated stores together with all real estate investments in the U.S. business. From 1993 through 1998 he held the position of Senior Vice President, Worldwide General Counsel and Secretary for Burger King. During that time, he was also a member of the Board of Directors of Restaurant Services, Inc., the independent purchasing cooperative for the U.S. Burger King System. He began his career with Burger King as a real estate attorney in 1985 and has published numerous articles and spoken on various franchise and intellectual property law topics. Mr. Giresi was a member of the first United States – South Africa Commercial Law Delegation established by the United States Department of Commerce and the government of South Africa.

        Mr. Giresi has served on several philanthropic and business association boards, including the Board of Directors of the Beacon Council, the business development agency for Miami-Dade County, Florida, the Miami Philharmonic and the International Franchise Association. He currently serves on the Board of Directors of UFood Grille, a publicly-traded, franchised restaurant business, Fiduciary Trust International of the South, an investment management firm, and the Boys and Girls Clubs of Columbus, Ohio, where he served as the Treasurer and a member of the Executive and Human Resource committees.

        Mr. Giresi is a past recipient of the Italian-American businessman of the year by the National Italian American Foundation in South Florida. In 2004, he received the Champions Award from Safe Horizons, a leading domestic violence prevention organization in New York City. He is an attorney at law of the State of New Jersey. He earned a law degree in 1983 from Seton Hall University and a Bachelor of Science degree in accounting in 1980 from Villanova University.