Sunday, January 17, 2010 5:15:14 PM
The trading symbol was VTLP at that time
Vital Products, Inc., a multi-channel innovator in the industrial packaging sector, announced that has begun collaborating with a $300 million international manufacturer to potentially design and develop a bio-based foam in place packaging system.
Vital Products Chief Executive Officer, Michael Levine stated, "The system is a pre-filled package containing our bio-based foam thus eliminating the use of a dispensing system. This technology offers an innovative and highly protective packaging with no equipment or start up costs."
Mr. Levine added, "Now that we have begun sales of our bio-based foam we are always looking for new markets to utilize our technology. This International Manufacturer employs over 1,700 people across 5 countries and will provide us with excellent distribution of our products."
A 1/100 reverse split in 4 months,almost no revenue. sales equaling 1 tenth expenses.
What happened to the 300 million dollar international company Mr Levine? You never mentioned their name that time either. This previous press release was promoted by multiple paid promotional sites. Look at what happened to the chart.
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