I think it's a bargain here . The PPS for the PP for 4 Millions shares was $1.5 .This stock will take off when they announced the Sports Authority news and the MSRX' IPO .IMO
"HealthSport Closes $6 Million Fixed Price Private Placement
May 18, 2007 11:52:00 AM
AMHERST, NY and WOODLAND HILLS, CA -- (MARKET WIRE) -- 05/18/07 -- HealthSport, Inc. (OTCBB: HSPO), a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs, announced today it has closed a private placement of its shares of common stock in which the Company received total net proceeds of $6 million. Under the terms of the placement, HealthSport sold approximately 4 million shares of common stock at a fixed price of $1.50. The shares underlying the placement carry registration rights calling for the filing of an SB-2 on or before June 1, 2008. Investors in the financing include former NFL stars Bruce Smith, Bernie Kosar and Jim Kelly. "
THE THRILL OF VICTORY ;-) & THE AGONY OF DEFEAT ;-(
