EDS (ericdavid.com) has just been hired to promote the company.
Accordingly, may seem some volume and price movement...
*EDS recieved 100,000 free trading shares from a 3rd party shareholder for a 1 month Financial marketing agreement.
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. The Company through its research and development arm in Canada and the US will patent, trademark and or license new products and systems that it can use to establish itself as a leader in environmentally sustainable packaging options.
Company:
Shares Outstanding 20,750,000
Float: 4.5 Million
52 Week Range : $0.015 to $0.50
3-Month Average Volume 42,110
Profile:
Vital Products, Inc. is a multi-channel innovator in the industrial packaging sector and has signed a Letter of Intent to purchase Montreal based Den Packaging Corporation. Established in 1972, Den Packaging Corporation a diverse, customer driven Montreal based company that has booked annual revenues over $1.75 million for the past several years and solid net profits. The company has streamlined operations during the last 2 years by reducing inventories, personnel and warehouse space. The company has taken an aggressive market strategy to grow its core business. The company has established excellent relationships with its key customers and will continue to foster those relationships. The company distributes industrial packaging products and material handling equipment for major packaging materials manufacturers. Those manufacturers include Polyair (bubble packaging), Smurfit Stone (corrugated boxes), AEP (stretch film) and Intertape (packing tape) as well as a multitude of regional manufacturers. The company is a regional player and will continue to concentrate on its regional business. However the company sees further growth opportunities in eastern Ontario and northeastern New York State.
Objective:
- Continue current distribution model as the window to our customer needs and desires.
- Seek, develop and commercialize new environmentally acceptable products.
- Grow market share with new products.
- Drive performance and value.
- Establish quality program superior to the competition, in service, in products offered, in communications
and in the governance of our business.
Expectation:
It is the goal of the Company to grow by acquisition, product development, manufacturing, and distribution. Initially
further development of the Company’s distribution will continue to provide profitable returns. It is expected that by mid 2009 the Company will acquire 1 additional distribution company. It is also expected that by mid 2009 the Company will have 2 environmentally acceptable foam products ready for market, and plans to support that development with a separate manufacturing unit. In 2010 Vital will have a new distribution location in Canada and additional centers in eastern North America.
As a North American marketer Vital has developed a sound base of business. The company plans to increase its revenues in a strategic manner. First, it is important to continue to strive to be the leader in packaging supplies and packaging systems. The revenues generated will be used as the building blocks for the future sustainability of Vital. Acquisitions and product development will be key drivers. With a market size close to 100 billion in sales the Company believes it can grow to 50 million in sales within 3 to 5 years, and estimates see the Company’s growth greater than 70 million dollars after that.
Executive Summary:
Mr. Michael Levine has been our Chief Executive Officer and Chairman of the Board since June 2005. Mr. Levine
founded and was the President of Zynpak Packaged Products, Inc. for the past 20 years. Mr. Levine attended McGill University. Henry Goldberg has been our Chief Financial Officer and a Director since June 2005. Prior to joining us, Mr. Goldberg has been a Partner of the Charter Accounting firm of Norman, Goldberg & Co. since 1979. Mr. Goldberg is further a Director of Noblehouse Communications Limited, a public corporation. Mr. Goldberg has earned the designations of Certified Financial Planner and Fraud Examiner, and Chartered Accountant in his years in the field. Mr. Bram Lecker has been our Director since June 2005. Mr. Lecker has been in private practice since 1984 specializing in employment and commercial law. Mr. Lecker is also the co-founder of Yog'n'berries, a frozen yogurt and related products wholesale and retail business and is involved in the introduction of "Mackenzie Method" spinal therapy pain relief and rehabilitation protocols to Ontario, Canada therapy centers. Mr. Lecker graduated from both York University in Toronto, Canada and University of Ottawa Law School.
Mr. Jeffrey Levine has been our Secretary and Treasurer since June 2005. Prior to joining us, Mr. Levine worked from 1983 to 1995 as the Director of Electronic Data Information at Globe Communications, an international periodical publishing company. Since 1995 he has served as the Director of Electronic Data Information at Toronto, Canada based Zynpak Packaged Products, Inc. Mr. Levine graduated from Concordia University in Montreal, Canada in 1983 with a B.A. in Computer Science.
-------------------------------------------------------
Please view the disclaimer for VTLP here
