Business
Muscle Warfare International Inc. Acquires Another Company in the Nutritional Supplement Industry
Muscle Warfare International Inc. Acquires Another Company in the Nutritional Supplement Industry.
About this update from Cannabusiness Group Inc
[{"type":"text","content":"\n\n\n\n\n\n\n\nMuscle Warfare International Inc. Acquires Another Company in the Nutritional Supplement Industry\n\n\n\n\n\n\n\n\n\nMuscle Warfare International Inc. Acquires Another Company in the Nutritional Supplement Industry\n\nPR Newswire\n\nWELLINGTON, Florida, July 25, 2013\n\n\n\n\n\n\n\nWELLINGTON, Florida, July 25, 2013 /PRNewswire/ --\n\n\nMuscle Warfare International, Inc (OTC: MWAR) our business model is to research, evaluate, and acquire profitable private firms in the business segments of sports nutrition, energy, and business services for the benefit of our shareholders. We are announcing the acquisition of a company that develops, manufactures, and markets sports nutrition products of the highest quality for athletes around the world in all sports, including both professional and amateur enthusiasts. The acquisition consisted of restricted shares of common stock in Muscle Warfare International, Inc for 100% of all outstanding common shares in the acquisition candidate.\n\n\nThe company has been conducting business since 2002, has been a past recipient of the GNC rising star award and in its top performing year, hit $9,900,000 (nine million nine hundred thousand) in top line sales. The company has been recognized as a proven winner within the industry with many successes and proven track record marketing and branding sports nutrition products through multiple brands and marketing strategies. The name of the company will be announced in the future and financials will be consolidated with Muscle Warfare International beginning this third quarter.\n\n\nThe Sports Nutrition Market is among the fastest growing and was one of the most resilient markets since the 2007 market downturn, experiencing impressive growth during this entire period. This strong and rapid market growth is forecasted by experts to continue for years to come due to continued and growing use and promotion of these products by elite professional athletes and bodybuilders. In addition, the amateur athlete market continues to expand and grow which is increasing the use of these products; this segment is expected to exceed $6 billion by 2018 according to the most recent Consumer Trend Reports.\n\n\n\nDaniel Amato, President and CEO of Muscle Warfare International, Inc. and Muscle Warfare, Inc. stated \"I am very excited about this new acquisit...