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(APII) Announces Its Third Quarter Financials NEW YORK, NY, Oct 14, 2011 (MARKETWIRE via COMTEX) -- Action Products International, Inc. (PINKSHEETS: APII) is pleased to present its condensed financial statements for the quarter ended September 30, 2011. The financial statement has also been posted on OTCMarkets.com as part of bringing the company current with necessary filings.
For the quarter ended September 30, 2011, the company reported a net loss of $348,140 compared to a net loss of $155,138 for the same period ending 2010. The increased loss is attributed to costs related to business operations in preparation for additional acquisitions and establishment of new business practices.

Total Assets of $673,111 increased compared to $440,620. Total liabilities were reduced to $486,604 from $2,047,674. The improvement in assets and liabilities were due to settlement of past debt and inclusion of additional corporate fixed assets.

Gary Polistena, CEO of Action Products International, said, "We believe our working capital position will improve with expected acquisitions and equity investments in the current and following quarters, which we expect will lead to significant increases in revenues in the fourth quarter."