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WWE World Champion John Layfield and Baywood Launch Mamajuana Energy
Thursday January 31, 9:00 am ET
Joint Venture between Baywood International, Inc. and Layfield, Inc. Produces Virility Energy Shot
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Baywood International, Inc. (OTCBB:BAYW - News) announced today that, through Layfield Energy, it is launching MamaJuana Energy, a new virility energy drink for men. The product is inspired by mamajuana, the Caribbean cocktail with a mythical history spanning 400 years. The legendary elixir has been used for everything from common colds to infertility - and is known especially for being a natural aphrodisiac. But MamaJuana Energy’s debut in America required intense research since the exact amount of the right ingredients needed to be blended to achieve the effect of the legendary recipe in order to be produced on a mass scale. The result comes as a 2 oz. shot that can be taken straight from the bottle or mixed with a favorite beverage.
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“I believed there was an opportunity to recreate mamajuana as an all-natural, new age beverage that would taste good and add fun and excitement to people’s lives,” said Layfield, CEO of Layfield Energy, Inc. “With the launch of MamaJuana Energy, we’re taking energy drinks to a new level.”
“The development of Mamajuana Energy from concept to completion has been one of the most exciting projects I have been involved in,” said Neil Reithinger, President & C.E.O. of Baywood and director of Layfield Energy. “The product is effective, uniquely packaged, tastes great and brings a whole new perspective to the energy drink market. Working with John and the team at Layfield Energy has been just terrific.”
MamaJuana Energy’s proprietary formula contains a blend of herbal ingredients that improve virility and increase energy. The non-alcoholic “shot” has a mixed-berry flavor and can be consumed straight or as a mixer. The product is available in 12-Pack cases online at www.mamajuanaenergy.com.
About John Layfield:
John “Bradshaw” Layfield (“JBL”) wrestled from 1995 to 2006 with World Wrestling Entertainment for 11 years, becoming the longest reigning champion in “Smackdown” television history. He now appears regularly on Fox Business as a guest Financial Analyst and political commentator. He has sponsored charity events for Make-A-Wish Foundation and The American Freedom Festival, raising monies for U.S. Soldiers. He wrote a personal financial planning book “Have More Money Now” and subsequently has appeared on every major network as a financial and political commentator. He has been to the Middle East seven times to visit the soldiers on behalf of the WWE, AFE and USO. Mr. Layfield joined Northeast Securities, Inc. in 2006 as Senior Vice President focused on new business development and he has significant experience and broad contacts in media and entertainment as well as knowledge in alternative energy.
About Layfield Energy:
Layfield Energy, Inc. is a targeted nutraceutical company offering MamaJuana Energy, a new energy drink for men, and T-Shot Energy, the first energy drink formulated specifically for golfers. MamaJuana Energy is available online at www.MamajuanaEnergy.com and soon at retailers everywhere. T-Shot Energy will be available in pro shops nationwide, with partners and information at www.TShotEnergy.com. Layfield Energy is based in Scottsdale, AZ and is a joint venture of Layfield, Inc. and Baywood International, Inc.
About Baywood:
Baywood International, Inc. Completes Reverse Stock Split
Tuesday December 18, 9:00 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Baywood International, Inc. (OTCBB:BYWD - News) (“Company”), a leading nutraceutical company, announced today a 20-for-1 reverse split of the Company's common stock. A majority vote of the shareholders approved the action which will become effective when the market opens on December 18, 2007. The Company's common stock will trade under the new symbol “BAYW” on the OTC Bulletin Board. The Board of Directors has amended the Company's Articles of Incorporation to effect the split, which will affect all outstanding shares of the Company’s common stock, including those shares underlying outstanding stock options, warrants and other convertible securities immediately prior to the effective date.
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"We are confident the reverse split is in the best interest of both Baywood and our shareholders," said President & C.E.O. Neil Reithinger. "It is our strong desire that shareholders benefit from a capital structure that is more appropriate to the company and its future potential. This change will open the door to a more diversified and serious investment interest to position the company for future growth.”
About Baywood:
Baywood International, Inc. (OTCBB:BYWD - News) is a nutraceutical company specializing in the development, marketing and distribution of its own proprietary brands under the names Baywood PURECHOICE®, Baywood SOLUTIONS® and Complete La Femme®. The Company’s products are distributed through independent and chain health food stores, pharmacies, grocery stores, and other direct-to-consumer channels both internationally and domestically. Baywood’s wholly-owned subsidiary, Nutritional Specialties, Inc./dba LifeTime® or LifeTime® Vitamins (“LifeTime”), is a nutraceutical company that was established in 1988 and specializes in the development, marketing and distribution of its own brands under the LifeTime® name. LifeTime’s brands currently consist of approximately 370 products that are sold directly to independent and chain health food stores, pharmacies, natural food stores, and other direct-to-consumer channels across the United States. In addition, LifeTime’s products are sold internationally through distributors in Canada, Croatia, Turkey, England, Dubai, Holland, Sweden, Portugal and certain parts of Asia. For more information, call (888) 350-0799, or for more information, visit www.bywd.com.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company’s expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to integrate the business of LifeTime, need for and availability of additional capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's Form 10-KSBs and 10-QSBs on file with the United States Securities and Exchange Commission.
Contact:
Baywood International, Inc.
Neil Reithinger, President & C.E.O., 480-951-3956, x120
nreithinger@bywd.com
--------------------------------------------------------------------------------
Source: Baywood International, Inc.
Sorry for the slow reply. Yes things are looking up, but I've also thought that about this company before. Hopefully it's a lasting change in direction that works.
Yeah, and I've been floundering with it! However, these filings are looking better than ever to me. Guess I'll just flounder around with it for awhile longer!
Mary
Anyone see any major changes for this stock? Seems it's been floundering around for years.
Baywood International, Inc. Reports Second Quarter Financial Results, Completion of Acquisition and Closing of Financing
Thursday August 16, 9:00 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Baywood International, Inc. (OTCBB:BYWD - News; "Baywood" or the "Company"), a leading nutraceutical company, announced today financial results for its second quarter ending June 30, 2007.
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Net Sales Increased 748%
Net sales for the three months ended June 30, 2007 were $3,206,550 compared to $378,205 for the same period last year, an increase of $2,828,345, or 748%. The increase in net sales for the three month period is attributable to our acquisition of Nutritional Specialties, Inc., d/b/a LifeTime® ("LifeTime") on April 5, 2007, effective March 30, 2007.
Positive Operating Income
On an operating basis, Baywood reported operating income of $328,603 for the three month period ended June 30, 2007 compared to an operating loss of $(65,427) for the same period last year. Operating income for the three month period was impacted by certain cash expenses including professional fees, offering costs and other charges totaling approximately $80,000 that were incurred relating to the LifeTime acquisition and related financing.
For the three months ended June 30, 2007, Baywood had a net loss of $(462,187), or less than $(0.01) per share based on weighted average shares outstanding of 118,932,900. This compares to a net loss of $(104,591), or less than $(0.01) per share based on weighted average shares outstanding of 41,687,288 for the same period last year. The net loss for the three month period ended June 30, 2007 included non-cash acquisition and financing related charges of $751,674. Due to the timing of the acquisition and the related financing, a majority of these charges were amortized in the second quarter of 2007. We anticipate that the amortization of these charges will decline in the following quarters.
"Our second quarter results reflect the successful foundation we have created to expand the brand awareness and distribution of our products in the marketplace," said Neil Reithinger, President and CEO of Baywood. "Our completion of the acquisition of LifeTime and related financing now allows us to significantly increase the sales and marketing initiatives for our brands, including new products and increased marketing support. We expect these initiatives be accretive to our revenues and cash flows beginning in the fourth quarter of this year. This acquisition has bolstered our balance sheet, expanded our product base from 26 to 370 products and increased our store network from 300 stores to over 2,500 in the U.S. and Canada."
Mr. Reithinger added, "Now that the company is creating additional marketing capacity, we look forward to expanding into new stores by strategically marketing our products, which is essential in enhancing the loyalty of our existing retailers and gaining the support of new retailers."
Financing Completed
The completion of our financing strengthens Baywood's ability to conduct business with major players in the nutraceutical industry, to build upon existing relationships and to create new relationships.
Raised $5.4 Million in a preferred stock offering;
Raised $2.0 Million in subordinated loans;
Raised $2.0 Million in bridge financings;
Replaced the $2.0 Million in bridge financings at 12% with a $2.0 Million senior bank term loan at prime plus 2%.
Sales Channel and Product Activity
Target Sales Channel
Our primary sales channel remains the traditional "Natural Foods Store," of which we maintain shelf space in approximately 1/4 of potential stores. New sales programs and marketing initiatives are being developed for launch by the 4th quarter to maximize our potential within this channel. Furthermore, new international distributorships are being negotiated that we expect to close in Europe in that latter part of the 3rd quarter.
New Brand Image
As part of our branding initiatives, each of our new product launches for 2007 will be packaged under a refreshed and revitalized LifeTime® brand including a premium quality line for all capsules and tablets and a more robust label design for juices and liquids. These packaging upgrades will be applied to the entire product line along with the introduction of enhanced formulas over the next four quarters, creating a new premium position in the market.
New Product Launches
During the third quarter, five products are scheduled to be launched, including three new additions to our popular liquid product line. Two additional products will be launched early in the 4th quarter. Included in these product launches will be LifeTime's Resveratrol Life Tonic(TM) in liquid form for enhanced bioavailability. The product's powerful antioxidant properties include 300 mg of resveratrol in each one ounce serving, which is equivalent to 1,300 glasses of red wine.
Strengthening the Board - New Directors
We added two new members to our Board of Directors ("Board") effective June 14, 2007, Neil Russell and David Tsiang. In aggregate our Board now consists of five members. The addition of Mr. Russell and Mr. Tsiang to the Board continues the Company's plans to expand the business, institutional investment and market experience for the Company, while expanding the necessary corporate governance expertise necessary as the Company grows in the public markets.
New Divisions
On April 19, 2007, we engaged Bischoff-Hervey Entertainment to expand the distribution of a new line of products into the direct response market, a form of marketing that is designed to generate immediate response directly from consumers for a product or products via television. Since then, we have identified a key spokesperson to develop the specific products and have plans to launch our infomercial in 1st quarter of 2008.
Financial Data
BAYWOOD INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
----------------------------------------------------------------------
Three Months Ended Six Months Ended
June 30, June 30,
2007 2006 2007 2006
------------- ------------ ------------ ------------
NET SALES $ 3,206,550 $ 378,205 $ 3,412,683 $ 694,695
COST OF SALES 1,892,664 202,726 1,990,022 374,613
------------- ------------ ------------ ------------
Gross profit 1,313,886 175,479 1,422,661 320,082
------------- ------------ ------------ ------------
SELLING, GENERAL
AND
ADMINISTRATIVE
EXPENSES:
Marketing
expenses 428,258 71,296 477,288 133,084
General and
administrative
expenses 556,339 168,153 711,431 323,065
Depreciation
and
amortization 686 1,457 1,584 2,939
------------- ------------ ------------ ------------
Total
selling,
general and
admin-
istrative
expenses 985,283 240,906 1,190,303 459,088
------------- ------------ ------------ ------------
Operating
income
(loss) 328,603 (65,427) 232,358 (139,006)
------------- ------------ ------------ ------------
OTHER INCOME
(EXPENSE):
Interest income 4,268 - 4,313 -
Miscellaneous
income 183,165 - 183,165 -
Amortization of
debt discount (317,814) - (329,064) -
Amortization of
debt
acquisition
costs (433,860) - (433,860) -
Interest
expense (226,549) (39,164) (347,108) (75,379)
------------- ------------ ------------ ------------
Total other
(expense) (790,790) (39,164) (922,554) (75,379)
------------- ------------ ------------ ------------
INCOME (LOSS)
BEFORE INCOME
TAXES (462,187) (104,591) (690,196) (214,385)
INCOME TAX
PROVISION - - - -
------------- ------------ ------------ ------------
NET (LOSS) $ (462,187) $ (104,591) $ (690,196) $ (214,385)
============= ============ ============ ============
BASIC NET (LOSS)
PER COMMON SHARE (a) (a) $ (0.01) (a)
============= ============ ============ ============
DILUTED NET
(LOSS) PER
COMMON SHARE (a) (a) $ (0.01) (a)
============= ============ ============ ============
WEIGHTED AVERAGE
OF COMMON SHARES
OUTSTANDING 118,932,900 41,687,288 83,423,590 41,659,664
============= ============ ============ ============
(a) Less than $(0.01) per share.
Our results for the three month period ended June 30, 2007 reflect the consolidation of LifeTime for that three month period as a wholly-owned subsidiary. Our results for the six months ended June 30, 2007 reflect the consolidation of LifeTime as a wholly-owned subsidiary as of the effective date of the acquisition, or March 30, 2007, and do not reflect activity from LifeTime prior to that date.
Forward Looking Statements
Baywood International, Inc. Acquires Nutritional Specialties, Inc.
Monday April 9, 7:30 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Baywood International, Inc. (OTCBB:BYWD - News; "Company") announced today that it has acquired, through its wholly-owned subsidiary, Baywood Acquisition, Inc. ("Baywood"), substantially all of the assets and related liabilities of Nutritional Specialties, Inc./dba LifeTime® or LifeTime® Vitamins ("LifeTime") (such transaction, the "Acquisition"). The purchase price of LifeTime was $7,600,000 in cash, $1,100,000 of the Company's Common Stock (valued at $.05 per share, or 22,000,000 shares), $700,000 of 8% subordinated seller notes, $600,000 of 8% convertible subordinated seller notes (convertible into Common Stock at $.05 per share), Company warrants ("Warrants") to purchase an aggregate of 700,000 shares of Common Stock at $.05 per share and the assumption of certain liabilities totaling approximately $1,000,000.
LifeTime is a nutraceutical company that was established in 1988 and specializes in the development, marketing and distribution of its own brands under the LifeTime® name. LifeTime's brands currently consist of approximately 370 products that are sold directly to independent and chain health food stores, pharmacies, natural food stores, and other direct-to-consumer channels across the United States. In addition, LifeTime's products are sold internationally through distributors in Canada, Croatia, Turkey, England, Dubai, Holland, Sweden, Portugal and certain parts of Asia. LifeTime had audited sales of $11,900,000 for its fiscal year ended August 31, 2006 and taxable income of $1,250,000. Unaudited sales for calendar 2006 were $12,000,000 and taxable income was $1,500,000. Following the Acquisition, the Company intends to operate LifeTime as a separate subsidiary, based at its current location in Orange, California. Mr. Tom Pinkowski, LifeTime's current President and 1/3 owner, will be the President of the LifeTime subsidiary and a Vice President of the Company and will continue to execute the business plan of LifeTime following the Acquisition.
"LifeTime has enjoyed a very strong relationship amongst retailers for almost 20 years. This transaction was driven by our desire to partner with a complementary company that shares our vision to continue the momentum and strength of an established brand such as LifeTime in our rapidly growing industry," stated Neil Reithinger, President & C.E.O. of the Company. "By coupling LifeTime's existing strengths with a new dynamic sales and marketing focus, we hope to build a preeminent brand within the nutraceutical industry. The needed organizational flexibility and financial backing to execute this vision is what made Baywood a natural fit with LifeTime," Reithinger stated further.
"We at LifeTime Vitamins are excited about this new transition and the potential growth for our company. With 30 years' experience in this industry, my goal is to grow LifeTime to the next level, and stay mindful of keeping the core of our company intact. I believe that our relationship and support should go beyond the retailer and needs to continue through our sales and marketing force and protecting the integrity of our original vision," stated Tom Pinkowski, President of LifeTime. "Along with the resources from this acquisition, I believe that the experience of our new partners is very exciting and it will allow LifeTime to move forward in a very dynamic way. We look forward to entering into an exciting new growth phase with Baywood."
In connection with the Acquisition, the Company raised an aggregate of $10,215,000, including (i) $5,215,000 in an offering of Units with each Unit consisting of 5,000 shares of Series I 8% Convertible Preferred Stock ("Convertible Preferred Stock"), convertible into 1,250,000 shares of Common Stock at $.04 per share, and a Warrant (the "Investor Warrants") to purchase 250,000 shares of Common Stock at an exercise price of $.02 per share (the "Offering") to a group of accredited investors, (ii) the issuance of 10% subordinated Notes in an aggregate principal amount of $1,000,000 (the "10% Notes"), (iii) the issuance of a 12% subordinated Bridge Note in the principal amount of $2,000,000 (the "12% Bridge Note"), and (iv) bank financing in an aggregate principal amount of $2,000,000 ("Bank Financing"). As part of the Offering $300,000 of outstanding indebtedness of the Company was converted into Units. Northeast Securities, Inc. acted as financial advisor on the transaction. The sale of the Units, 10% Notes and 12% Bridge Note was conducted through Northeast Securities, Inc. as the exclusive placement agent (the "Placement Agent"). The purchasers of the 10% Notes were issued warrants to purchase 10,000,000 shares of Common Stock (the "10% Note Warrants"), at an exercise price of $.02 per share, and the purchaser of the 12% 2007 Bridge Note was issued warrants to purchase 4,000,000 shares of Common Stock at an exercise price of $.05 per share (the "12% Bridge Note Warrants" and, together with the 10% Warrants, collectively the "Additional Warrants"). The Company also issued to the Placement Agent warrants to purchase 18,483,750 shares of Common Stock, at an exercise price of $.04 per share (the "Placement Agent Warrants").
The Offering is continuing and the Company may sell a maximum of $7,500,000 or 150 Units. The Placement Agent and the Company reserve the right to increase this amount by an additional $2,000,000 (40 Units), or a total of 190 Units. The Offering has been extended through September 30, 2007, unless earlier terminated by the Company and the Placement Agent. The Bank Financing was obtained through Vineyard Bank, N.A. and consists of a $1,500,000 9.75% three-year secured term loan and a $500,000 9.25% two-year secured revolving line of credit to the Company.
Prior to the Offering the Company had approximately 42,700,000 shares of Common Stock outstanding. Assuming the maximum number of 150 Units is sold in the Offering, the Company will have outstanding 750,000 shares of Convertible Preferred Stock and an additional 37,500,000 Investor Warrants at an exercise price of $.02. Assuming conversion of all Preferred Stock and convertible notes and exercise of all Warrants, Investor Warrants, Additional Warrants and Placement Agent Warrants, the Company will have an additional 292,183,750 shares of Common Stock outstanding. Based on the foregoing, and assuming the exercise of all other outstanding options and warrants and the conversion of other series of preferred stock, the Company would have outstanding on a fully diluted basis a total of approximately 390,000,000 shares of Common Stock.
The Company has agreed to file within 60 days a registration statement with the Securities and Exchange Commission with respect to the resale of the Convertible Preferred Stock, Investor Warrants, Additional Warrants, Placement Agent Warrants and the shares of Common Stock issuable upon conversion of the Convertible Preferred Stock and the exercise of the Investor Warrants, Additional Warrants and Placement Agent Warrants. If the registration statement is declared effective, the Common Stock, Convertible Preferred Stock and Warrants will constitute three separate trading securities of the Company.
Unaudited 2006 sales of the Company were $1,100,000 and its operating loss was $350,000. Post-acquisition, the Company estimates cost savings in excess of $400,000 through integration of operational and product synergies.
For more detailed information regarding the Acquisition, Offering, 10% Notes, 12% Bridge Note and Bank Financing, please refer to the Company's filing on Form 8-K to be filed on the SEC's website at www.sec.gov.
About Baywood:
Baywood International, Inc. (OTCBB:BYWD - News) is a nutraceutical company specializing in the development, marketing and distribution of its own proprietary brands under the names Baywood PURECHOICE®, Baywood SOLUTIONS® and Complete La Femme®. The Company's products are distributed through independent and chain health food stores, pharmacies, grocery stores, and other direct-to-consumer channels both internationally and domestically. For more information, call (888) 350-0799, or for more information, visit www.bywd.com.
This press release is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, its ability to integrate the business of Lifetime, need for and availability of additional capital as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's Form 10-KSBs and 10-QSBs on file with the United States Securities and Exchange Commission.
Contact:
Baywood International, Inc.
Neil Reithinger, 480-951-3956 ext. 120
President & C.E.O.
nreithinger@bywd.com
--------------------------------------------------------------------------------
Source: Baywood International, Inc.
.07ish. Look like a little accumulation going on here?
Jumping nice today, from .03 to .06 quickly.
This thing seems to jump quickly with just a little buying. Would be nice to keep the buying up for a few days.
Baywood's Cal-Mag FIZZ Product Approved by European Union
Tuesday August 1, 10:01 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Aug. 1, 2006--Baywood International, Inc. (OTCBB:BYWD - News) announced today that its Cal-Mag FIZZ(TM) has been approved for marketing to the European Union (EU), a union of twenty-five independent member countries.
"This represents a great potential opportunity for Baywood for increased sales and profits once we start selling our products in Europe," Neil Reithinger, President and CEO of Baywood stated. "It has become extremely difficult to receive product registrations for nutritional and dietary products in many overseas countries due to the extensive and exhaustive documentation requirements by government health authorities. Documentation requirements in many countries are rigorous and can take up to two years or more to obtain product registration approval," he said.
The EU is comprised of the following member countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, United Kingdom of Great Britain, Northern Ireland, Cyprus (Greek part), the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia. Once approved, products can now be shipped from United States to an EU distribution center for further distribution from there to any EU member country.
"We are very happy to have obtained this European approval for our Cal-Mag FIZZ," stated Karl Rullich, Vice-President of International Sales for Baywood. "We have worked on obtaining this approval in conjunction with our representative in the United Kingdom for well over two years. This opens the door to another huge market potential for Baywood," Rullich stated further.
Baywood's unique Cal-Mag FIZZ powdered supplement is delivered in a highly absorbable form to allow for the maximum absorption of calcium and magnesium, along with a blend of other nutrients, to strengthen bones and teeth. Cal-Mag FIZZ dissolves completely in water or juice with no mixing, making it a convenient way to get beneficial bone health nutrients.
About Baywood:
Baywood International, Inc. (OTC BB: BYWD - News) is a nutraceutical company specializing in the development, marketing and distribution of its own proprietary brands under the names Baywood PURECHOICE®, Baywood SOLUTIONS® and Complete La Femme®. The Company's products are distributed through independent and chain health food stores, pharmacies, grocery stores, and other direct-to-consumer channels both internationally and domestically. For more information, call (888) 350-0799, or for more information visit www.bywd.com.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's Form 10-KSBs and 10-QSBs on file with the United States Securities and Exchange Commission.
Contact:
Baywood International, Inc.
Neil Reithinger, 480-951-3956 x 120
nreithinger@bywd.com
--------------------------------------------------------------------------------
Source: Baywood International, Inc.
Baywood Expands Distribution of Cal-Mag FIZZ(TM) in Arizona Market
Tuesday May 9, 9:00 am ET
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 9, 2006--Baywood International, Inc. (OTCBB: BYWD - News; "Baywood" or the "Company") announced that it has expanded the distribution of Cal-Mag FIZZ(TM) into over 100 additional retail outlets in Arizona with the addition of Bashas', Hi-Health and Sunflower Markets. Including the product's existing distribution, the total number of retail outlets approximates 150 including:
Bashas' Natural Choice with 51 locations
Hi-Health with 52 locations
Arizona Health with 11 locations
Sunflower Markets with 6 locations in Arizona (There are also 5 other locations in other Southwestern States.)
Approximately 30 independent health food stores
Most stores are carrying the product in all three flavors which include tropical fruit, mixed berry and lemon-lime. The product is available in a 492 gram can that offers a 30-day supply. Baywood's popular Cal-Mag FIZZ(TM) powdered supplement is delivered in a highly absorbable form to allow for the maximum absorption of calcium and magnesium to strengthen bones and teeth. Cal-Mag FIZZ(TM) dissolves completely in water or juice with no mixing, making it a convenient way to get beneficial bone health nutrients.
Low bone mass or osteoporosis is a major public health threat for more than 28 million Americans, 80 percent of whom are women. In the U.S. today, 10 million individuals already have the disease and 18 million more have low bone mass, placing them at increased risk for osteoporosis(a). While certain people are more likely to develop osteoporosis than others, building and maintaining strong bones can be the best defense against developing the disease later. National nutrition surveys have shown that many people consume less than half the amount of calcium recommended to build and maintain healthy bones.
"We are excited to expand our presence in the Arizona market for our Cal-Mag FIZZ. After all, being an Arizona-based company makes this a natural progression for us as we look at not only increasing the product's distribution, but the promotion of it to consumers to support our retailers," stated Neil Reithinger, President & C.E.O. of Baywood. "We are supporting the Arizona market with radio advertising and we will be testing a variety of ads over the next several months. It is our intention to target other key cities later this fall utilizing the successful elements of the Arizona campaign. People young and old are failing to meet the daily recommendation for calcium and are in need of a great-tasting, easy-to-take daily calcium supplement. Cal-Mag FIZZ(TM) contains its nutrients in a highly absorbable form and often more suitable than solid supplements, especially for children and the elderly who may have a difficult time swallowing large tablets or capsules," Reithinger stated further.
About Baywood:
Baywood International, Inc. (OTC BB: BYWD - News) is a nutraceutical company specializing in the development, marketing and distribution of its own proprietary brands under the names Baywood PURECHOICE®, Baywood SOLUTIONS® and Complete La Femme®. The Company's products are distributed through independent and chain health food stores, pharmacies, grocery stores, and other direct-to-consumer channels both internationally and domestically. For more information, call (888) 350-0799, or for more information visit www.bywd.com.
Is this dead in the water?? Been holding on hope for some time now.........
Mary
This one took a beating on that 8k. Any thoughts?
Form 8-K for BAYWOOD INTERNATIONAL INC
---------------------------------------------------------
9-Jun-2005
Change in Directors or Principal Officers
Item 5.02 - Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
On June 3, 2005 Mr. Samuel Lam and Ms. Carmen Choi, directors since 2001, resigned from the Board of Directors. Mr. Lam was a member of the Audit Committee.
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