Omni Nutraceuticals Inc. (OMNN)

[lifegear]

another one bites the dust

[alexindef]

13:25 OMNN Omni Nutraceuticals Inc. Common Stock 10/13/2008 100 12(j) Registration Revoked by SEC **

[lifegear]

it's been dormant for too long

[DodgeFan1]

Yeah your right. I just found it interesting that it never showed up in an P.R. anywhere..
what do you think of this Omni Nutraceuticals stock?
Thanks

[lifegear]

OMNN is one of the unsecured creditors of Nutrition Source Inc...

"...The main unsecured creditors included Great Neck Holding Co., LLC, Omni Nutraceuticals, ...

[lifegear]

OMNN is Nutrition Source?

[DodgeFan1]

Announced 02/22/08
Nutrition Source, Inc.
Bankruptcy

Nutrition Source, Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Eastern District of Virginia on February 22, 2008. The company listed assets in the range of $0.1 million to $0.5 million and liabilities between $1 million and $10 million. It retained Kelly Megan Barnhart of Marcus Crowley & Liberatore, PC as its legal counsel. The main unsecured creditors included Great Neck Holding Co., LLC, Omni Nutraceuticals, ... Inc., Natural Organics, Inc., New Chapter, Inc., Nordic Naturals, Inc., NOW Health Group, Inc., RenewLife Formulas, Inc., SL Nusbaum Realty Co., Farmers Bank, and BOSS.
Collapse Detail

OMNN's price was unchanged after the transaction was announced on 02/22/08.

[lifegear]

happy new year!

[Chimaera1950]

Welcome to 5-1-2008!

[lifegear]

1pm CST, I'm in hawaii time

[dijeetyet]

I had to be out then--doesn't seem like it went very well

[lifegear]

did anyone listen to the conference call?

[lifegear]

the turnover of assets happened in 2002 I think

[dijeetyet]

This is an oddly circular play---do you remember if this sale coinsides with the liquidation dates ?

[lifegear]

vitacost.com Acquires Healthshop.com and Three Other Sites From Omni Nutraceuticals; Acquisition Increases vitacost.com's Customer Base by 700 Percent and Enhances Profitability

Tuesday , February 13, 2001 09:01ET

BOYNTON BEACH, Fla., Feb 13, 2001 (BUSINESS WIRE) -- vitacost.com, a privately-held direct-to-consumer online seller of nutritional supplements, announced today that it has acquired four e-health sites from Los Angeles-based Omni Nutraceuticals, including Healthshop.com, once ranked by Media Metrix and PC Data Online as one of the most visited e-health sites in the world with more than 1 million visitors per month.

The other sites, acquired in an all-stock transaction, include Healthzone.com, Smartbasics.com and Vitamindiscount.com.

Healthshop.com received $30 million in funding from companies that include Warner-Lambert, now a division of Pfizer (NYSE:PFE), VantagePoint Venture Partners and Delphi Ventures.

The four acquired sites have ceased operation and their 240,000 customers are now being served through vitacost.com, increasing its customer base by 700 percent and significantly increasing revenue.

In 2000, vitacost.com had annualized revenues of $3.6 million, which represents approximately a 1,000 percent increase from 1996. With the addition of the current revenues of the four acquired companies, vitacost.com expects to immediately have annualized revenues of $7.2 million, a 100 percent increase from last year, and increased profitability.

"Of significant importance is that vitacost.com can manage this growth with minimal increases in overhead and costs while providing our new customers a significant savings (33-75 percent) when compared to other discounters or retailers," said Dr. Allen S. Josephs, president of vitacost.com. "vitacost.com achieved profitability prior to its acquisition of the four sites. We have achieved this level of success with approximately $500,000 in funding in the last 12 months versus other competitors such as Drugstore.com, PlanetRx.com and Mothernature.com which have failed to achieve profitability or even remain in business despite funding of $100 million or more.

"We have developed a business model that we believe will one day be considered the industry standard for running and growing a successful e-commerce company," said Josephs. "Delivering a product that has mass appeal and strict attention to the bottom line has enabled us to succeed."

In 1996, vitacost.com began as a trade catalog/mail order business and has since evolved into a leading online nutraceutical company that not only offers the best prices, but also offers lab analyses of top brand nutritional supplements backed by a scientific advisory board and independent laboratory analysis. The company also offers a five-star guarantee, ensuring customers a secure online shopping experience and quality service backed by a 30-day money-back guarantee.

In August 2000, vitacost.com relocated from Springfield, Ill. to Boynton Beach in an effort to support its rapid expansion, offering the company 300 percent more warehouse space than its previous facility. With the new state-of-the-art facility, vitacost.com estimates the ability to ship $100 million in products per year.


About vitacost.com


vitacost.com is the online destination consumers can trust for detailed information on nutritional supplements, including vitamins, minerals, herbs, antioxidants and nutraceuticals, and the first and only to offer consumers products at or below the published wholesale cost (33 to 75 percent below retail). vitacost.com provides consumers with analyses of top nutritional supplements tested by FDA-approved independent labs and evaluated by a distinguished scientific advisory board. The company also offers a five-star guarantee, ensuring customers a secure online shopping experience, a large selection of high quality/safe products at or below the published wholesale cost and expert service backed by a 30-day money-back guarantee. vitacost.com has been reviewed and approved by Gomez, BBBOnLine Reliability, TRUSTe and Verisign.


CONTACT: Stoorza Communications, San Diego
Jim Key, 619/236-1332, ext. 276
[e-mail]
or
Carey McDaniels, 619/236-1332, ext. 262
[e-mail]

URL: http://www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.



Copyright (C) 2001 Business Wire. All rights reserved.


-0-


KEYWORD: FLORIDA ILLINOIS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
E-COMMERCE
INTERNET
MEDICAL
MERGERS/ACQ

[lifegear]

bid uptick again .012x.015

[dijeetyet]

Sure does trade like the float is low

[lifegear]

from ibox: ALL DIRECTORS AND OFFICERS AS A GROUP OWNED 21,559,704 OR 74.6% OF 2000 O/S 28.9M

[dijeetyet]

The old as from the filings was 50 mil and the os was 36 mil
but if you look at the trading history over the last 5 years
you can see that not many shares have traded so it could be the same http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=omnn&sid=0&o_symb=omnn&f...

[Kielbasi Posse]

Anyone knows the current OS and Float

[dijeetyet]

I'm just giddy about this one--only low float pinke where I can say I've used the product and would buy it again.

[lifegear]

and traded close to $9 pps 8 years ago

[dijeetyet]

almost no volume for 5 years
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=omnn&sid=0&o_symb=omnn&f...

[lifegear]

no bankruptcy filing that I'm aware of

[dijeetyet]

I guess whoever bought it pulled it togther and is merging back into it's own old shell

[dijeetyet]

IT is VERY interesting that they seem to be back with the same name and same stock.

[lifegear]

ZONE Reports Loss of Chairman and Assets

Tuesday , April 09, 2002 08:30ET

Omni Nutraceuticals Inc (OTCBB: ZONE) released an 8-K Monday reporting the loss of both its Chairman and its assets.

On March 29, 2002, Andrew Vollero, Jr. resigned as Chairman of the Board. Mr. Vallero did not cite his reasons in his resignation letter.

On April 5, 2002, the Company received a Notification of Disposal of Assets letter from its primary lender, First Source Loan Obligations Insured Trust. The letter consists of all the property of the Company.

[lifegear]

http://knobias.10kwizard.com/filing.php?repo=tenk&ipage=1707059&doc=1&total=&back=1&...

[dijeetyet]

do you know if it was a formal bankrupcy or just the forclosure ??

[lifegear]

two related entities having symbol change the same month? coincidence or reactivation?

[dijeetyet]

GCPL---yes it looks like they went dark the same year

Item 5. Other Events.

On March 27, 2002, Global Capital Securities Corporation filed Form BDW
"Uniform Request for Broker-Dealer Withdrawal" to request the withdrawal of its
registration from the Securities and Exchange Commission ("SEC"),
Self-Regulatory Organizations ("SROs"), and other appropriate jurisdictions. In
connection with the filing of Form BDW, Global Capital Securities Corporation
ceased doing business as a broker-dealer.

Over the next few months, we will be working through the process of placing
a formerly highly regulated entity into a dormant state and maintaining the
records as required by law. Since Global Capital Securities Corporation was our
primary operating entity, we will need to seek out potential merger or
acquisition candidates with profitable operating businesses in order raise
additional capital and to reorganize and restructure the company.

However, there can be no assurances that suitable merger or acquisition
candidates will materialize or that we would be able to structure an arrangement
on mutually acceptable terms. In the event we are unable to locate suitable
merger or acquisition candidates, structure an arrangement on mutually
acceptable terms and raise additional capital, we may be forced to liquidate
under the U.S. Bankruptcy Code.

On March 31, 2002, Martin A. Sumichrast tendered his resignation as
Chairman, President and Chief Executive Officer of Global Capital Partners Inc.
effective as of that same date. The Board of Directors of Global Capital
Partners Inc. has appointed Kevin D. McNeil to serve as the Chairman, President,
Chief Executive Officer, Chief Financial Officer and Treasurer effective April
1, 2002.

This Form 8-K contains forward-looking statements that involve a number of
risks and uncertainties. Readers are cautioned that all forward-looking
statements are subject to risks and uncertainties, including without limitation,
the timing of new announcements, the hiring and retention of key employees, the
urgent need for capital, and the risk factors detailed from time to time in our
periodic reports filed with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking statements that
speak only of the date hereof. Global Capital Partners Inc. undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated events.


2

[lifegear]

maybe GCPL (symbol changed too from GCAP last month)....they're listed as BO

MANAGEMENT & INSIDERS:

Global Capital Partners, Inc, BO Christoff Ballin, DIR R. Lindsey Duncan, BO
Klee Irwin, DIR Margaret Irwin, BO Corey E. Fischer, CFO
Louis Mancini, PR Anthony D Altavilla, BO Jens Dalsgaard, OFF
Michael Driver, BO Jeffrey D. Segal, OFF Steep Gradient Ltd., BO
Glenn Zweig, OFF

[dijeetyet]

I wonder who owns it now---or did they work out a deal over the years--or did the old gang start it back up again years after the forclosure

from 2002 8k

The collateral to be sold by First Source Loan Obligations Insured Trust, a
Delaware business trust ("First Source") shall consist of all property of Omni
Nutraceuticals, a Utah corporation ("Omni"), wherever located, whether owned,
licensed, leased, or consigned, in each case solely to the extent that First
Source has a perfected security interest therein, including, without limitation,
to the extent that First Source has a perfected security interest therein, all
of Omni's: (i) Accounts; (ii) Goods (including, without limitation, all of
Omni's Equipment, Fixtures and Inventory), (iii) General Intangibles, including,
without limitation, (A) all tax refunds, (B) all Intellectual Property
Collateral, (C) rights arising out of leases, licenses and contracts which are
not Accounts, and (D) all goodwill of Omni or associated with Omni's business;
(iv) Chattel Paper, Documents, Instruments, Certificated Securities,
Uncertificated Securities and Investment Property; (v) property (other than
money) currently in the possession or under the control of, or in transit to,
First Source, or any lender or any bank or other depository institution, or any
bailee, agent or custodian of First Source, or any lender or bank or other
depository institution or Omni; (vi) right, title and interest (if any) in and
to all accounts of Omni maintained by any bank and all other accounts maintained
by Omni (exclusive of any accounts maintained with First Source), all funds on
deposit therein, all investments arising out of such funds, all claims
thereunder or in connection therewith; (vii) insurance policies, including
claims or rights to payment thereunder; and (viii) liens, guaranties and other
rights and privileges pertaining to any of the foregoing or the following;
together with (ix) all books, ledgers, books of account, records, writings, data
bases, information and other property relating to, used or useful in connection
with, evidencing, embodying, incorporating or referring to, any of the
foregoing.

[lifegear]

old website: http://www.healthzone.com

[lifegear]

we have the lowest marketcap among other competitors

[lifegear]

probably just wait for the shareholders' conference on thursday

[dijeetyet]

no call and torture the CEO

[lifegear]

http://www.investor.reuters.com/business/BusCompanyCompetitorsPeers.aspx?ticker=OMNN.PK&symbol=O...

[lifegear]

call an order? =)

[dijeetyet]

are you going to call ???

[lifegear]

the numbers are working

[lifegear]

http://www.investor.reuters.com/business/BusCompanyFullDesc.aspx?ticker=OMNN.PK&symbol=OMNN.PK&a...

[dijeetyet]

It's such a mystery play here--but we know they changed the ticker for some reason.

[lifegear]

2001 info I think

[dijeetyet]

I have no idea how old this info is
but it is from reuters

http://www.investor.reuters.com/business/BusCompanyFinSummary.aspx?ticker=OMNN.PK&symbol=OMNN.PK...

[originunknown]

heck of a good reminder ...

[dijeetyet]

No it's a picture of a car that my grandfather had(a slightly later model)He owned it during the crash of '29--He used to say that he woke up one morning and all he had left was this car.--reminds me to take profits.

[FastEddie777]

Is that a picture of your car?

[dijeetyet]

I've seen them too, come to think of it,this looks a good one for monday. I used that green tea one when I quit smoking.
It did give a pleasant lift.

[lifegear]

natural viagra http://www.omninutra.com/product_steellibido.htm