Business
Muscle Warfare International Inc. CEO Discusses 3rd Quarter Disclosure
Muscle Warfare International Inc. CEO Discusses 3rd Quarter Disclosure.
About this update from Cannabusiness Group Inc
[{"type":"text","content":"\n\n\n\nMuscle Warfare International Inc. CEO Discusses 3rd Quarter Disclosure\n\n\n\n\n\nMuscle Warfare International Inc. CEO Discusses 3rd Quarter Disclosure\nPR Newswire\nWELLINGTON, Florida, October 24, 2013\n\n\n\nWELLINGTON, Florida, October 24, 2013 /PRNewswire/ --\n\nMuscle Warfare International, Inc (OTC: MWAR) is a cutting-edge sports nutrition manufacturer that is passionately driven to create and distribute the absolute highest quality products in the marketplace. Every product we develop has been forged with great experience and focus on maximizing product efficacy for real world results. Furthermore, Muscle Warfare products are rigorously tested by top testing labs to help ensure them free of banned substances. We are truly committed to helping all athletes achieve and surpass their highest goals and potential.\n\nDaniel Amato, President and CEO of Muscle Warfare International, Inc. stated, \"I am very excited about the 3rd quarter financials our revenues have increased over the 2nd quarter numbers by 40 percent, gross profits are up by 60% and our net loss is down by 24%, the reported numbers represent consolidated financials for all three of MWAR's companies as well as MWAR. Muscle Warfare is in the growth stage of our company and spending money on advertising, acquiring inventory, attending trade shows and building a strong and viable sales team. We will continue to search for areas to improve within MWAR and continue to increase our revenues as well as profits.\"\n\nThe company has been conducting business since 2002 with annual revenues of approximately $1,000,000 (one million dollars) plus. 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.\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; thi...