Business
Vitality reports first quarter results
Vitality reports first quarter results Canada NewsWire VANCOUVER, June 29, 2018 ...
About this update from Vitality Products Inc.
[{"type":"text","content":"\n\n\n\nVitality reports first quarter results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, June 29, 2018\n\n\n\nTrading Symbol:  VPI\n\n\n\nVANCOUVER, June 29, 2018 /CNW/ - The financial results of Vitality Products Inc. (the \"Company\" or \"Vitality\") for the three months ended April 30, 2018 show a net loss of $27,534 or $0.00 per share compared to a net loss of $43,511 or $0.00 per share for the same period last year.\n\nSales for the three months ended April 30, 2018 of the Company's premium natural health products increased 76% to $127,233 (2017 - $72,432).  The Company's general and administrative expenses for the three months ended April 30, 2018 increased to $116,652 (2017 - $92,685) as the Company raised $500,000 in April 2018 to further Vitality's sales growth and distribution.\n\nVitality's products are now available for sale in 525 retail stores (2017 - 400 retail stores) located in Canada and online at vitality.ca, amazon.ca and well.ca.  A full list of the retailers is available at www.vitality.ca.\n\nThe Company's condensed interim financial statements and management's discussion and analysis for the three months ended April 30, 2018 and 2017 are available on the SEDAR website at www.sedar.com.\n\nAbout Vitality\n\nVITALITY® is an award-winning line of clean vitamins and supplements, marketed to natural health retailers and health and wellness conscious consumers.  Manufactured locally in BC, and currently sold in over 525 stores nationally, the products are vegan, non-GMO and third party tested.  Following the proven success of the line through repeat orders and same store sales growth, the Company is focused on expanding distribution and growing sales in-store and online (at vitality.ca, well.ca and amazon.ca); evaluating, researching and developing new products for future distribution; and exploring new markets for its products.\n\nOn behalf of the Board ofVITALITY PRODUCTS INC.\n\n\"W. Douglas Grant\" (signed)  __________________________________W. Douglas Grant, President &...