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yea haw, about time....
DIET: Merged with As Seen On TV, Inc. (ASTV). Shareholders receive 1.2667 shares of ASTV per each one (1) share of DIET. Deletion Time: 7:57:33
http://www.otcbb.com/asp/dailylist_detail.asp?d=03/11/2013&mkt_ctg=NON-OTCBB
$astv $ntri ICR Exchange http://emerginggrowth.com/featured_stories/as-seen-on-tv-inc-to-present-at-15th-annual-icr-xchange/01/16/2013
Chairman Kevin Harrington will be presenting at 3:40 PM ET in the Glimmer 3-4 Room at the Fontainebleau Hotel.
The link to the live webcast is as below:
http://investor.shareholder.com/icr/2013/eventdetail.cfm?eventid=123001&ticker=DIET
In its fifteenth year, ICR XChange hosts presentations from more than 150 companies and is attended by more than 1,500 people from the investor community. The conference provides a distinctive opportunity for private and public companies, investment banks and media to review and strategize consumer trends for the coming fiscal year.
About As Seen on TV:
As Seen on TV (OTCBB: ASTV) is a Clearwater, Florida based company that develops and markets products for worldwide distribution using a combination of TV, Internet and retail channels. AsSeenOnTV.com, the internet portion of the operation, is a virtual catalog of products with over two million customers, 700,000 email registrants and visitors that number in the hundreds of thousands each month. The company recently announced a merger with eDiets (OTCBB: DIET) that gives every indication of being a solid homerun for investors and clients alike.
eDiets.com Inc. is one of the nation’s top purveyors of nutrition, fitness and weight-loss programs. What sets the company apart is a unique concept that industry competitors like NutriSystem (NASDAQ: NTRI) and Jenny Craig have found elusive and that is an innovative freshly prepared diet meal delivery service. Fresh is the operative word in this instance. Even though there is a fairly large selection of meal to door diet companies none of them has perfected the fresh ingredient option like eDiets has. Competitor’s meals are akin to the MREs (meals ready to eat) that the military utilizes. They are powder based and can be kept on a shelf in your garage for ages. Not a very appetizing image. eDiets has come up with a healthier weekly delivery service plan using only fresh ingredients. It’s an idea that As Seen on TV is banking will revolutionize the diet industry. And to help get the news to clients about the company’s unique offering, it has enlisted Grammy Award winning recording artist Ceelo Green to act as the face of its new campaign.
For investors in As Seen On TV the timing could not be better. The website’s high volume of traffic and the television promotions are creating what can only be called a perfect storm of sales for the company. In the second quarter of 2012, As Seen On TV reported its best quarterly and full-year numbers since its inception. The company has logged an impressive track record of sales growth stemming from highly successful product launches. Over the past year, As Seen On TV has generated $8.45 million in sales. Considering the fact that the company is fairly young and boasts a market cap of only $32.3 million, those are mighty impressive sales.
As for the merger, As Seen On TV will pay $13 million in stock for eDiet. The agreement will result in pro-forma ownership of two thirds As Seen On TV shareholders to one-third eDiets shareholders. Combined, the companies are expected to generate well over $30 million in revenue during the next year. eDiets alone generated $22 million in revenue over the past year. eDiets.com will become a wholly-owned subsidiary of As Seen On TV and will continue to be managed by its existing executive team. The merger is a smart business move for both companies but especially for eDiets. It will save the company over one million dollars a year by no longer being public.
Ceelo Green, as a vested partner, will be given an initial fee, royalties and guarantees to purchase shares of As Seen On TV common stock. The agreement is for a minimum of two years. Steve Rogai, CEO of As Seen On TV, Inc. said in an interview that, “CeeLo Green is a smart and motivated artist with appeal to his millions of fans worldwide. We are very pleased with this partnership in that CeeLo’s interests are aligned with our shareholders at As Seen On TV Inc.”. Since establishing CeeLo as the face of the eDiet brand, there has been a marked growth in interest in eDiet’s product and they expect to see that jump as commercials featuring Green start airing.
The meal delivery industry is profitable and will continue to be so. A May 2011 report by John LaRosa’s Marketdata Enterprises, said that there were approximately 30 companies specializing in the meal delivery business. The estimated value of the market is at $925 million. By 2014 this segment of the diet market is projected to reach $1.09 billion in revenue. This is the perfect time to jump into the perfect storm of As Seen On TV’s impending explosive growth.
Yup............Easy double from here if u do your calculations!!!
Looks like they are getting bought out for about 92 cents per share of stock in ASTV!
I rember when Post #202 was writing that, it was AH and If I would have sold that day it was the lastttt chance . LOL
Thank you, I get that all the time. $DIET
F##CK YOU EDIET YOUR CO> IS A COMPLETE FAILURE
eDiets.com(R) to Report First Quarter Fiscal 2012 Results on Monday, May 14, 2012
http://ih.advfn.com/p.php?pid=nmona&article=52329603&symbol=DIET
Click here for $DIET DD extras..
<<< $DIET Links! >>> ~ MAC's Quick DD Links without the charts.
Open these links (or the ones you desire) in background tabs
http://help.opera.com/Linux/9.52/en/keyboard.html
http://lifehacker.com/263940/force-links-to-open-in-the-background
PennyStockTweets ~ http://www.pennystocktweets.com/stocks/profile/DIET
OTC Markets Company Info ~ http://www.otcmarkets.com/stock/DIET/company-info
OTC Markets Charts ~ http://www.otcmarkets.com/stock/DIET/chart
OTC Markets Quote ~ http://www.otcmarkets.com/stock/DIET/quote
OTC Markets News ~ http://www.otcmarkets.com/stock/DIET/news
OTC Markets Financials ~ http://www.otcmarkets.com/stock/DIET/financials
OTC Markets Short Sales ~ http://www.otcmarkets.com/stock/DIET/short-sales
OTC Markets Insider Disclosure ~ http://www.otcmarkets.com/stock/DIET/insider-transactions
OTC Markets Research Reports ~ http://www.otcmarkets.com/stock/DIET/research
Google Finance Summary ~ http://www.google.com/finance?q=DIET
Google Finance News ~ http://www.google.com/finance/company_news?q=DIET
Google Finance Option chain ~ http://www.google.com/finance/option_chain?q=DIET
Google Finance Financials ~ http://www.google.com/finance?q=DIET&fstype=ii#
Google Finance Historical prices Daily ~ http://www.google.com/finance/historical?q=DIET
Google Finance Historical prices Weekly ~ http://www.google.com/finance/historical?q=DIET&histperiod=weekly#
Y! < Company >
Y! Profile ~ http://finance.yahoo.com/q/pr?s=DIET+Profile
Y! Key Stat's ~ http://finance.yahoo.com/q/ks?s=DIET+Key+Statistics
Y! Headlines ~ http://finance.yahoo.com/q/h?s=DIET+Headlines
Y! Summary ~ http://finance.yahoo.com/q?s=DIET
Y! Historical Prices ~ http://finance.yahoo.com/q/hp?s=DIET+Historical+Prices
Y! Order Book ~ http://finance.yahoo.com/q/ecn?s=DIET+Order+Book
Y! Message Boards ~ http://messages.finance.yahoo.com/mb/DIET
Y! Market Pulse ~ http://finance.yahoo.com/marketpulse/DIET
Y! Technical Analysis ~ http://finance.yahoo.com/q/ta?s=DIET+Basic+Tech.+Analysis
Y! < Analyst Coverage >
Y! Analyst Opinion ~ http://finance.yahoo.com/q/ao?s=DIET+Analyst+Opinion
Y! Analyst Estimates ~ http://finance.yahoo.com/q/ae?s=DIET+Analyst+Estimates
Y! Research Reports ~ http://finance.yahoo.com/q/rr?s=DIET+Research+Reports
Y! Star Analysts ~ http://finance.yahoo.com/q/sa?s=DIET+Star+Analysts
Y! < Ownership >
Y! Major Holders ~ http://finance.yahoo.com/q/mh?s=DIET+Major+Holders
Y! Insider Transactions ~ http://finance.yahoo.com/q/it?s=DIET+Insider+Transactions
Y! Insider Roster ~ http://finance.yahoo.com/q/ir?s=DIET+Insider+Roster
Y! < Financials >
Y! Income Statement ~ http://finance.yahoo.com/q/is?s=DIET+Income+Statement&annual
Y! Balance Sheet ~ http://finance.yahoo.com/q/bs?s=DIET+Balance+Sheet&annual
Y! Cash Flow ~ http://finance.yahoo.com/q/cf?s=DIET+Cash+Flow&annual
FINVIZ ~ http://finviz.com/quote.ashx?t=DIET&ty=c&ta=0&p=d
Investorshub Trades ~ http://ih.advfn.com/p.php?pid=trades&symbol=DIET
Investorshub Board Search ~ http://investorshub.advfn.com/boards/getboards.aspx?searchstr=DIET
Investorshub PostStream ~ http://investorshub.advfn.com/boards/poststream.aspx?ticker=DIET
Investorshub Messages ~ http://investorshub.advfn.com/boards/msgsearch.aspx?SearchStr=DIET
Investorshub Videos ~ http://ih.advfn.com/p.php?pid=ihvse&ihvqu=DIET
Investorshub News ~ http://ih.advfn.com/p.php?pid=news&btn=s_ok&ctl00%24sb3%24tbq1=Get+Quote&as_values_IH=&ctl00%24sb3%24stb1=Search+iHub&symbol=DIET&s_ok=OK&from_month=3&from_day=15&from_year=2012&order=desc&selsrc%5B%5D=prnca&selsrc%5B%5D=prnus&selsrc%5B%5D=zacks&selsrc%5B%5D=money2&selsrc%5B%5D=djn&selsrc%5B%5D=bw&selsrc%5B%5D=globe&selsrc%5B%5D=edgar&selsrc%5B%5D=mwus&force=1&last_ts=1331855999&p_n=1&p_count=&p_ts=1331794260
CandlestickChart ~ http://www.candlestickchart.com/cgi/chart.cgi?symbol=DIET&exchange=US
Barchart Quote ~ http://barchart.com/quotes/stocks/DIET?
Barchart Detailed Quote ~ http://barchart.com/detailedquote/stocks/DIET
Barchart Options Quotes ~ http://barchart.com/options/stocks/DIET
Barchart Technical Chart ~ http://barchart.com/charts/stocks/DIET&style=technical
Barchart Interactive Chart ~ http://barchart.com/charts/stocks/DIET&style=interactive
Barchart Technical Analysis ~ http://barchart.com/technicals/stocks/DIET
Barchart Trader's Cheat Sheet ~ http://barchart.com/cheatsheet.php?sym=DIET
Barchart Barchart Opinion ~ http://barchart.com/opinions/stocks/DIET
Barchart Snapshot Opinion ~ http://barchart.com/snapopinion/stocks/DIET
Barchart News Headlines ~ http://barchart.com/news/stocks/DIET
Barchart Profile ~ http://barchart.com/profile//DIET
Barchart Key Statistics ~ http://barchart.com/profile.php?sym=DIET&view=key_statistics
OTC: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=DIET&MarketTicker=OTC&TYP=S
NASDAQ: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=DIET&MarketTicker=NASD&TYP=S
NYSE: American Bulls ~ http://www.americanbulls.com/StockPage.asp?CompanyTicker=DIET&MarketTicker=NYSE&Typ=S
Marketwatch Profile ~ http://www.marketwatch.com/investing/stock/DIET/profile
Marketwatch Analyst Estimates ~ http://www.marketwatch.com/investing/stock/DIET/analystestimates
Marketwatch Historical Quotes ~ http://www.marketwatch.com/investing/stock/DIET/historical
Marketwatch Financials ~ http://www.marketwatch.com/investing/stock/DIET/financials
Marketwatch Overview ~ http://www.marketwatch.com/investing/stock/DIET
Marketwatch SEC Filings ~ http://www.marketwatch.com/investing/stock/DIET/secfilings
Marketwatch Picks ~ http://www.marketwatch.com/investing/stock/DIET/picks
Marketwatch Hulbert ~ http://www.marketwatch.com/investing/stock/DIET/hulbert
Marketwatch Insider Actions ~ http://www.marketwatch.com/investing/stock/DIET/insideractions
Marketwatch Options ~ http://www.marketwatch.com/investing/stock/DIET/options
Marketwatch Charts ~ http://www.marketwatch.com/investing/stock/DIET/charts
Marketwatch News ~ http://bigcharts.marketwatch.com/news/symbolsearch/symbolnews.asp?news=markadv&symb=DIET&sid=1795093&framed=False
The Lion ~ http://thelion.com/bin/aio_msg.cgi?cmd=search&msg=&si=1&tw=1&tt=1&rb=1&ih=1&fo=1&iv=1&yf=1&sa=1&fb=1&gg=1&symbol=DIET
Search NYSE ~ http://www.nyse.com/about/listed/lcddata.html?ticker=DIET
StockTA ~ http://www.stockta.com/cgi-bin/analysis.pl?symb=DIET&num1=567&cobrand=&mode=stock
StockHouse ~ http://www.stockhouse.com/financialtools/sn_overview.aspx?qm_symbol=DIET
StockHouse Delayed LII ~ http://www.stockhouse.com/financialtools/sn_level2.aspx?qm_page=46140&qm_symbol=DIET
AlphaTrade ~ http://tools.alphatrade.com/index.php?t1=mc_quote_module&t2=mc_quote_module2&t3=historical&template=historical2html&sym=DIET&client_id=2740&a_width=680&a_height=1000&language=english&showVol=1&chtype=8
Reuters ~ http://www.reuters.com/finance/stocks/companyOfficers?symbol=DIET.PK&WTmodLOC=C4-Officers-5
StockWatch ~ http://www.stockwatch.com/Quote/Detail.aspx?symbol=DIET®ion=U
Search NASDAQ ~ http://www.nasdaq.com/symbol/DIET
NASDAQ Divy History ~ http://www.nasdaq.com/symbol/DIET/dividend-history
NASDAQ Short Interest ~ http://www.nasdaq.com/symbol/DIET/short-interest
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/DIET/institutional-holdings
NASDAQ FlashQuotes ~ http://www.nasdaq.com/aspx/flashquotes.aspx?symbol=DIET&selected=DIET
NASDAQ InfoQuotes ~ http://www.nasdaq.com/aspx/infoquotes.aspx?symbol=DIET&selected=DIET
NASDAQ After Hours Quote ~ http://www.nasdaq.com/symbol/DIET/after-hours
NASDAQ Pre-Market Quote ~ http://www.nasdaq.com/symbol/DIET/premarket
NASDAQ Historical Quote ~ http://www.nasdaq.com/symbol/DIET/historical
NASDAQ Option Chain ~ http://www.nasdaq.com/symbol/DIET/option-chain
NASDAQ Company Headlines ~ http://www.nasdaq.com/symbol/DIET/news-headlines
NASDAQ Press Releases ~ http://www.nasdaq.com/symbol/DIET/news-headlines
NASDAQ Sentiment ~ http://www.nasdaq.com/symbol/DIET/sentiment
NASDAQ Analyst Summary ~ http://www.nasdaq.com/symbol/DIET/analyst-research
NASDAQ Guru Analysis~ http://www.nasdaq.com/symbol/DIET/guru-analysis
NASDAQ Stock Report ~ http://www.nasdaq.com/symbol/DIET/stock-report
NASDAQ Competitors ~ http://www.nasdaq.com/symbol/DIET/competitors
NASDAQ Stock Consultant ~ http://www.nasdaq.com/symbol/DIET/stock-consultant
NASDAQ Stock Comparison ~ http://www.nasdaq.com/symbol/DIET/stock-comparison
NASDAQ Call Transcripts ~ http://www.nasdaq.com/symbol/DIET/call-transcripts
NASDAQ Annual Reports ~ http://www.nasdaq.com/aspx/annualreport.aspx?symbol=DIET&selected=DIET
NASDAQ Financials ~ http://www.nasdaq.com/symbol/DIET/financials
NASDAQ Revenue & Earnings Per Share (EPS) ~ http://www.nasdaq.com/symbol/DIET/revenue-eps
NASDAQ SEC Filings ~ http://www.nasdaq.com/symbol/DIET/sec-filings
NASDAQ Ownership Summary ~ http://www.nasdaq.com/symbol/DIET/ownership-summary
NASDAQ Institutional Ownership ~ http://www.nasdaq.com/symbol/DIET/institutional-holdings
NASDAQ (SEC Form 4) ~
--------- All Trades ~ http://www.nasdaq.com/symbol/DIET/insider-trades
--------- Buys ~ http://www.nasdaq.com/symbol/DIET/insider-trades/buys
--------- Sells ~ http://www.nasdaq.com/symbol/DIET/insider-trades/sells
The Motley Fool ~ http://caps.fool.com/Ticker/DIET.aspx
The Motley Fool Earnings/Growth ~ http://caps.fool.com/Ticker/DIET/EarningsGrowthRates.aspx?source=itxsittst0000001
The Motley Fool Ratios ~ http://caps.fool.com/Ticker/DIET/Ratios.aspx?source=itxsittst0000001
The Motley Fool Stats ~ http://caps.fool.com/Ticker/DIET/Stats.aspx?source=icasittab0000006
The Motley Fool Historical ~ http://caps.fool.com/Ticker/DIET/Historical.aspx?source=icasittab0000004
The Motley Fool Scorecard ~ http://caps.fool.com/Ticker/DIET/Scorecard.aspx?source=icasittab0000003
The Motley Fool Statements ~ http://caps.fool.com/Ticker/DIET/Statements.aspx?source=icasittab0000009
MSN Money ~ http://investing.money.msn.com/investments/stock-ratings?symbol=DIET
YCharts ~ http://ycharts.com/companies/DIET
YCharts Performance ~ http://ycharts.com/companies/DIET/performance
YCharts Dashboard ~ http://ycharts.com/companies/DIET/dashboard
InsideStocks Opinion ~ http://www.insidestocks.com/texpert.asp?sym=DIET&code=XDAILY
InsideStocks Profile ~ http://www.insidestocks.com/profile.asp?sym=DIET&code=XDAILY
InsideStocks Quote ~ http://www.insidestocks.com/quote.asp?sym=DIET&code=XDAILY
InsideStocks Projection ~ http://charts3.barchart.com/procal.asp?sym=DIET
Zacks Quote ~ http://www.zacks.com/stock/quote/DIET
Zacks Estimates ~ http://www.zacks.com/research/report.php?type=estimates&t=DIET
Zacks Company Reports ~ http://www.zacks.com/research/report.php?type=report&t=DIET
Knobias ~ http://knobias.10kwizard.com/files.php?sym=DIET
StockScores ~ http://www.stockscores.com/quickreport.asp?ticker=DIET
Trade-Ideas ~ http://www.trade-ideas.com/StockInfo/DIET/HOT_TOPIC.html
Morningstar ~ http://performance.morningstar.com/stock/performance-return.action?region=USA&t=DIET&culture=en-US
Morningstar Shareholders ~ http://investors.morningstar.com/ownership/shareholders-overview.html?t=DIET®ion=USA&culture=en-us
Morningstar Transcripts~ http://www.morningstar.com/earnings/NoTranscript.aspx?t=DIET®ion=USA
Morningstar Key Ratios ~ http://financials.morningstar.com/ratios/r.html?t=DIET®ion=USA&culture=en-US
Morningstar Executive Compensation ~ http://insiders.morningstar.com/trading/executive-compensation.action?t=DIET®ion=USA&culture=en-us
Morningstar Valuation ~ http://financials.morningstar.com/valuation/price-ratio.html?t=DIET®ion=USA&culture=en-us
CCBN (Thompson Reuters) ~ http://ccbn.aol.com/company.asp?client=aol&ticker=DIET
TradingMarkets ~ http://pr.tradingmarkets.com/?lid=leftPRbox&sym=DIET
OTCBB ~ http://www.otcbb.com/asp/SiteSearch.asp?Criteria=DIET&searcharea=e&image1.x=0&image1.y=0
Insidercow ~ http://www.insidercow.com/history/company.jsp?company=DIET&B1=Search%21
Forbes News ~ http://search.forbes.com/search/find?tab=searchtabgeneraldark&MT=DIET
Forbes Press Releases ~ http://search.forbes.com/search/find?&start=1&tab=searchtabgeneraldark&MT=DIET&pub=businesswire,prnewswire&searchResults=pressRelease&tag=pr&premium=on
Forbes Web ~ http://search.forbes.com/search/web?MT=UNGS&start=1&max=10&searchResults=web&tag=web&sort=null
YouTube Symbol Search ~ http://www.youtube.com/results?search_query=DIET
Buy-Ins ~ http://www.buyins.net/tools/symbol_stats.php?sym=DIET
Quotemedia ~ http://www.quotemedia.com/results.php?qm_page=47556&qm_symbol=DIET
Earnings Whispers ~ http://www.earningswhispers.com/stocks.asp?symbol=DIET
Bloomberg Snapshot ~ http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=DIET
Bloomberg People ~ http://investing.businessweek.com/research/stocks/people/people.asp?ticker=DIET
Financial Times ~ http://markets.ft.com/Research/Markets/Tearsheets/Summary?s=DIET
Investorpoint ~ http://www.investorpoint.com/ enter "DIET" and click search.
Hotstocked ~ http://www.hotstocked.com/ enter "DIET" and click search.
Raging Bull ~ http://ragingbull.quote.com/mboard/boards.cgi?board=DIET
Hoovers ~ http://www.hoovers.com/search/company-search-results/100003765-1.html?type=company&term=DIET
DD Machine ~ http://www.ddmachine.com/default.asp?m=stocktool_frame.asp?symbol=DIET
SEC Form 4 ~ http://www.secform4.com/insider/showhistory.php?cik=DIET
OTCBB Pulse ~ http://www.otcbbpulse.com/cgi-bin/pulsequote.cgi?symbol=DIET
Failures To Deliver ~ http://failurestodeliver.com/default2.aspx enter "DIET" and click search.
http://www.coordinatedlegal.com/SecretaryOfState.html
http://regsho.finra.org/regsho-Index.html
http://www.shortsqueeze.com/?symbol=DIET&submit=Short+Quote%99
DTCC (PENSON/TDA) Check - (otc and pinks) - Note ~ I did not check for this chart blast. However, I try and help you to do so with the following links.
IHUB DTCC BOARD SEARCH #1 http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=DIET
IHUB DTCC BOARD SEARCH #2: http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=14482&srchyr=2011&SearchStr=DIET
Check those searches for recent DIET mentions. If DIET is showing up on older posts and not on new posts found in link below, The DTCC issues may have been addressed and fixed. Always call the broker if your security turns up on any DTCC/PENSON list.
http://investorshub.advfn.com/boards/msgsearchbyboard.aspx?boardID=18682&srchyr=2011&SearchStr=Complete+list
For a complete list see the pinned threads at the top here ---> http://tinyurl.com/TWO-OLD-FARTS
MACDlinks
The ticker has changed to DIETD, Summary Quote.
eDiets.com(R) Announces Reverse Stock Split Effective June 1, 2011
Ediets.Com, Inc. (MM) (NASDAQ:DIET)
Intraday Stock Chart
Today : Tuesday 31 May 2011
eDiets.com, Inc. (NASDAQ: DIET), a leading provider of convenient at-home diet, fitness and healthy lifestyle solutions, today announced that it has filed a Certificate of Amendment to its Certificate of Incorporation to effect a 1-for-5 reverse stock split of its common stock that will become effective at 9:00 a.m. Eastern Time on June 1, 2011.
The reverse stock split, which was approved by the Company's stockholders on May 3, 2011, will reduce the number of shares of the Company's outstanding common stock, par value $0.001 per share, from approximately 66.1 million, following the completion of the Company's recent rights offering, to approximately 13.2 million. The Certificate of Amendment also reduces the number of shares of common stock the Company is authorized to issue from 100 million to 50 million.
Shares of the Company's common stock underlying stock options and warrants that are outstanding immediately prior to the effective date of the reverse stock split will be adjusted proportionately. Any fractional shares resulting from the reverse stock split will be rounded up to the next whole share.
The reverse stock split-adjusted shares of the Company's common stock will begin trading at the start of NASDAQ trading on June 1, 2011. The Company's shares will continue to trade on The NASDAQ Capital Market under the symbol "DIET," with the fifth character "D" added to the end of the trading symbol for a period of 20 trading days to indicate the reverse stock split has occurred. Thereafter, the Company's symbol will revert to its original symbol "DIET." A new CUSIP number has been assigned to the Company's common stock as a result of the reverse stock split.
American Stock Transfer & Trust Company, LLC, the Company's transfer agent, will be acting as the exchange agent in connection with the reverse stock split. Stockholders who have existing stock certificates will receive instructions from the transfer agent. Stockholders who hold their shares in brokerage accounts or "street name" are not required to take any action to effect the exchange of their shares.
Further information regarding the reverse stock split can be obtained by contacting American Stock Transfer & Trust Company, LLC at (877) 248-6417 or (718) 921-8317.
The purpose of the reverse stock split is to raise the per share trading price of the Company's common stock to better enable the Company to maintain the listing of its common stock on The NASDAQ Capital Market. As previously announced, in order to maintain the Company's listing, on or before June 28, 2011, the Company's common stock must have a closing bid price of $1.00 or more for a minimum of 10 consecutive trading days. If the Company is unable to meet this requirement, the NASDAQ Listing Qualifications Panel will issue a final determination to delist the Company's common stock. There can be no assurance that the reverse stock split will have the desired effect of raising the closing bid price of the Company's common stock prior to June 28, 2011, to meet this requirement.
About eDiets
eDiets.com, Inc. is a leading provider of personalized nutrition, fitness and weight-loss programs. eDiets features its award-winning, fresh-prepared diet meal delivery service as one of the more than 20 popular diet plans sold directly to members on its flagship site, www.eDiets.com. The company also provides a broad range of customized wellness and weight management solutions for Fortune 500 clients. eDiets.com's unique infrastructure offers businesses, as well as individuals, an end-to-end solution strategically tailored to meet its customers' specific goals of achieving a healthy lifestyle. For more information, please call 310-954-1105 or visit www.eDiets.com.
Forward-Looking Statements
In accordance with the Private Securities Litigation Reform Act of 1995, we caution you that, whether or not expressly stated, certain statements made in this report that reflect management's expectations regarding future events and economic performance are forward-looking in nature and, accordingly, are subject to risks and uncertainties. This news release contains forward-looking statements about the Company including expectations regarding the impact of the reverse stock split on the trading price of our common stock.
These forward-looking statements reflect our current views about future events and are subject to risks, uncertainties and assumptions. We wish to caution readers that certain important factors may have affected and could in the future affect our actual results and could cause actual results to differ significantly from those expressed in any forward-looking statement. These factors include those risk factors set forth in filings with the Securities and Exchange Commission, including our annual and quarterly reports, and include our ability to maintain our listing of our common stock under The Nasdaq Capital Market and our ability to attract and retain customers in a profitable manner through advertising.
These risks are not exhaustive and may not include factors that could adversely impact our business and financial performance. Moreover, we operate in a very competitive and rapidly changing environment. New risk factors emerge from time to time and it is not possible for our management to predict all risk factors, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
We cannot guarantee future results, level of activity, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. We do not undertake any responsibility to update any of these forward-looking statements to conform our prior statements to actual results or revised expectations.
Investor Relations Contact:
John Mills
ICR, Inc.
310-954-1105
John.Mills@icrinc.com
Your DIET Savior is back...You remember me...On February 12 this board was empty! I alerted the DIET spike two days before anyone. I'm not sleeping on this one either. GBLH has a PR damn near every day. You don't have to be a rocket surgeon to know there is a promo coming...and soon
The current pricing level will not make it worthwhile to fulfill my rights offering, if I have come to this conclusion many others may have also. If the big holders do not come in and purchase these shares I would then assume that they will be offered on the general market?
There going to R/S this stock! Its a shame but it looks like it is happening. That is why the insiders purchased options (Right to Buy) at the price months ago. WOW
What do you make of this new release they just let out ???
http://ih.advfn.com/p.php?pid=nmona&article=47196363&symbol=DIET
Any reason for these drop last weeks?
This drop may be caused by the R/S that they mentioned in the conference call.
Small valutions, after these huge results!
From lack of awareness would be my best guess...
The only active board for DIET is on yahoo., but there , the shorters over power the buyers
and on hub the only way to get attention to it, is by posting about it with the symbol in every post so it comes up on the cloud.....
(Or spreading the word across the board)
then others in other boards notice it, but thats not happening....
I notice every time I post in the AM it pops up on the cloud but it disappears, not enough ppl posting / playing the stock...
b4 it was good that it ran quiet but now it needs attention so the buying pressure squeezes out the few monkey shorters on it (their amateur shorters)
but I can't do it alone and there simply is not enough interest / buying preasure.
There are only 3 or 4 active members on ths board and even if we pull together as a team I still dont see that being enough eighter
So I will wait till the stock receieves the attention it needs from others across the market before going any further with it, till then DIET will be on my watchlist...
Thanks for taking the time to read this post.
Im here just on and off! What happened here.
DIET - 1mil+ vol now._with_a_Great_entry_point!!!
what am I the only one here???
DIET - Gapping Pre-mrkt last time it_went_to_1.24_/_1.25_USD_range...
See past post for exact date
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60433625
DIET - eDiets.com® Announces Results for Q4 2010 with a 77% Increase Beats Expetations!!!
FORT LAUDERDALE, FL--(Marketwire - March 30, 2011) - eDiets.com, Inc. (NASDAQ: DIET), a leading provider of convenient at-home diet, fitness and healthy lifestyle solutions, today announced results for the fourth quarter and full year ended December 31, 2010.
Revenues for the fourth quarter of 2010 were $6.9 million, an increase of approximately 77% from $3.9 million in the fourth quarter of 2009.
Full Artical via Marketwire
http://www.marketwire.com/press-release/eDietscom-Announces-Results-for-Q4-2010-NASDAQ-DIET-1420024.htm
DIET - After Hours Last:$.77, Volume:708,252
Nice 20% in off hour trading alone, Full session today should be beautifull, we might even go into 1mil. vol. brining in new investors
Bids stacking in the .70's pre-mrkt already
Welcome to the board, stick around, lots more to come!!!
DIET - earnings 77% beat all expectations and topped themselves, should be a blast today pre-market
Not to mention they finally aqnowledged association with "The Biggest Looser" TV show
Also possitive EBITDA acknoledgement in the webcast will take this back above the regulated Nasdaq price trading range, Awesome!!!
Fourth Quarter and Recent Operating Highlights:
-- Grew meal delivery revenue 218% in the fourth quarter of 2010 compared
to the fourth quarter of 2009
-- Expanded margins on meal delivery program to 40% in 2010 (excluding
depreciation) from 34% in 2009
-- Completed above market private placement with outside investors and
certain members of the Company's Board of Directors for $1.6 million
-- Appointed Jennifer Hartnett as Chief Marketing Officer
-- Board of Directors approved rights offering for up to 15%, which is
expected to commence in April following the filing of the Company's
Annual Report on Form 10-K
eDiets.com(R) Announces Results for Q4 2010
FORT LAUDERDALE, FL, Mar 30, 2011 (MARKETWIRE via COMTEX) --
eDiets.com, Inc. (NASDAQ: DIET), a leading provider of convenient at-home diet, fitness and healthy lifestyle solutions, today announced results for the fourth quarter and full year ended December 31, 2010.
Revenues for the fourth quarter of 2010 were $6.9 million, an increase of approximately 77% from $3.9 million in the fourth quarter of 2009.
The net loss for the fourth quarter of 2010 was $(1.3) million, or $(0.02) per diluted share on approximately 57.4 million shares outstanding,
compared to a net loss of $(3.3) million, or $(0.12) per diluted share on approximately 28.3 million shares outstanding, in the fourth quarter of 2009.
After Hours Last:$.77, Volume:708,252
Net Change:.1501
%Change:+24.21%
High: $.82
Low: $.70
Audio Webcast: 77% increase from last year
http://phx.corporate-ir.net/phoenix.zhtml?c=120371&p=irol-eventDetails&EventId=3898400
eDiets.com, Inc. has added a news release to its Investor Relations website.
Title: eDiets.com(R) Announces Results for Q4 2010
Date(s): 30-Mar-2011 4:00 PM
For a complete listing of our news releases, please click here
If you are unable to click on the link above, please copy and paste the URL below into a web browser
http://phx.corporate-ir.net/phoenix.zhtml?c=120371&p=irol-news&nyo=0
Thomson Reuters Inc. 22 Thomson Place Boston, MA 02210
Click Here to unsubscribe from this JoinMail list.
Dont be tardy for the party! lol
i got in after hours, i am late to the party, but ready for the fuuuuuun ride tomorrow!
ANNNNNNNNNNNNNNNNNNNNNNNNNNNNND Were back! lol
Pace yourself this is destined to Shine!
if we dont go up 10% today ill castrate myself with a stone. this price and volume are just ridiculous for a company about to report its first good earnings in a loooong time
Yes Im pretty sure earnings will be better thenlast one & thats all we really need
If this dips its sure to go back up. Hopefully we get no dip! Im almost certain that there has to be some ok to good news on the earnings report.
Ok Guys today is Earnings day after mrkt hrs lets keep our fingers crossed hope its good news
.623 close, nice!!!!
Another Solid Close....See you guys tomorrow!
Look at how she is moving. Shaking the Trees!
Grab what you can from these levels. If you look at the 1yr chart you will see the trend is headed in one direction. GLTA
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eDiets.com, Inc.
Nasdaq: DIET
Company Overview:
eDiets.com, Inc. is a leading provider of weight loss services, information and products based in Fort Lauderdale, Florida. Millions of people have visited the company's flagship website, www.ediets.com, which was a Forbes.com pick for "Best of the Web" in the diet and nutrition category.
The company generates revenue in five ways:
We sell subscriptions to our online weight-loss program.
We sell subscriptions to our home meal delivery weight loss program.
We derive licensing revenues for the use of our intellectual property, and development/consulting revenues for the design and implementation of private-label nutrition websites.
We sell advertising throughout our content assets, which are our diet, fitness and healthy lifestyle-oriented web sites.
We sell diet, nutritional and fitness products through our online store.
We pioneered online dieting. We have been offering subscriptions to our online weight-loss program in the United States since 1998, when we launched our first diet plan. Our online programs are personalized according to an individual's weight goals, and food and cooking preferences. Members have access to shopping lists, recipes and weight management tools. eDiets offers approximately twenty different digital diet plans, some of which we have developed and some of which we have licensed from third parties.
We have been offering our home meal delivery service in the United States since 2006. Our meal delivery service ships chill-fresh, nutritionally balanced meals, snacks and desserts directly to the doors of customers seeking a convenient way to eat well and lose weight. Customers can choose a 5-day or 7-day plan that includes breakfast, lunch, dinner and a snack. Our meals were named Epicurious.com's "Top Pick" among weight loss meal delivery services for Best Taste and Nutrition.
Both our online and meal delivery subscribers have access to a wide array of support services, including access to registered dietitians, nutritionists, a fitness expert, interactive online information, online communities, articles, message boards and online meetings.
In 2006, eDiets entered the corporate licensing business with the acquisition of Nutrio.com, now eDiets Corporate Services. eDiets Corporate Services builds and hosts customizable private label health and nutrition websites for which we receive development fees and licensing fees for the ongoing use of our intellectual property, which includes meal and fitness plans, logs, journals, tools, community and loyalty incentive programs. We provide these services primarily to the health insurance, pharmaceutical and food industries.
Our advertising revenues are derived from our flagship website, www.ediets.com. The site includes free, regularly updated content developed primarily by our in-house editorial staff. Content is grouped into "channels" including Diet & Nutrition, Fitness, Mind & Body, Health, Food & Recipes and Success Stories. Additional advertising revenues are generated through placements in our free, opt-in email newsletters and through placements within the subscription sales process.
In 2009, we re-established our online store where customers can purchase nutritional supplements and other diet related products such as fitness equipment and exercise videos.
Headquarters
eDiets.com
1000 Corporate Drive
Suite 600
Ft. Lauderdale, FL 33334
954-360-9022
Investor Relations
Company Information
Contact
John Mills
310.954.1105
jmills@icrinc.com
eDiets.com Inc. provided preliminary consolidated financial guidance for the fourth quarter ended 12/31/2010.
For the quarter, the company consolidated revenues are expected to be in the range of $6.7 million to $6.9 million, an increase of approximately 72% from $3.9 million in the fourth quarter of 2009.
Meal delivery revenue is expected to be approximately $5.4 million, an increase of 217% from $1.7 million in the fourth quarter of 2009.
Adjusted EBITDA in negative is expected to be in the range of $0.9 million to $1.1 million compared to $1.1 million in the fourth quarter of 2009.
Based on recent results and the company's outlook for the remainder of the first quarter, the company anticipates that first quarter meal delivery revenue will be in the range of $5.5 million to $7.0 million, an increase from $3.0 million in the first quarter of 2010.
This estimate is based on the assumption that the company maintains advertising spend and customer acquisition cost at current levels.
The Company also implemented a reduction in force in early January that will yield cost savings of $1.5 million annually.
The company anticipated achieving positive EBITDA by the end of the first quarter of 2011 and has now achieved their goal.
A Full WebCast Is Available At
http://phx.corporate-ir.net/phoenix.zhtml?c=120371&p=irol-eventDetails&EventId=3898400
(Which also includes forward looking statements of positive expectations to come thru out the year)
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