Vitamin Spice (VTMS.OB) is at it again with market moving news and leads the hot stocks to watch list at Wall Street Grand. Wall Street Grand LLC, a leading Investor newsletter in the small-cap arena, is pleased to continue its profile of VitaminSpice as the stock continues to draw attention from the investment community. Since our initial profile on VTMS the stock has seen major volume and a solid increase in shareholder value since our alert price of $0.41 making Wall Street Grand Club Members a gain of 68%. VitaminSpice published another eye opening press release today where VTMS signed a major U.S. distribution agreement with the former CEO of Wal-Mart Stores Division, Bill Fields. Bill Fields has recently joined the board of directors of VitaminSpice and has expressed his complete commitment to the long term success of the company. To read the news and learn more about Vitamin Spice make sure to visit our free website wallstreetgrand.com where we focus on the new hottest penny stocks.
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VitaminSpice is uniquely positioned between the $100 billion health food/vitamin supplement industry and the multi-trillion-dollar traditional food industry. A pioneer in the emerging foodceutical industry, VitaminSpice sells vitamin- mineral- and antioxidant-infused spices and food products. Their offerings currently include Crushed Red Pepper, Ground Black Pepper, Sea Salt, Italian Seasoning, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps the vitamin properties locked inside--even when heated--allowing the food products to retain their full flavor.
Take a look at the news released today at the close:
VitaminSpice Signs Agreement With Former CEO of Wal-Mart Stores Division for U.S. Distrubtion
VitaminSpice announces that it has signed an agreement with Bill Fields' consulting firm, Fields Texas Unlimited, for introducing their products into the US market. VitaminSpice holds a privileged position as being first-to-market with their line of vitamin-enhanced spices, utilizing a proprietary micro-encapsulation process.
CEO Ed Bukstel commented, "Mr. Fields' experience in retail in North America is unparalleled and will give VitaminSpice immediate credibility with all the major chains and distributors throughout the US and Canada."
Bill Fields has recently joined the VitaminSpice Board of Directors, and is standing behind this commitment with the vast support and resources of Intersource Enterprises, in a bid to capture a share of the increasingly wealthy Chinese market as well as the US market through Fields Texas Unlimited. Mr. William R. Fields is Chairman of Intersource Enterprises Ltd., and China Horizons Management Ltd. Previously, Mr. Fields served as Chairman and Chief Executive Officer of Factory 2-U Stores, Inc. from 2002 to 2003, President and Chief Executive Officer of Hudson's Bay Company from 1997 to 1999 and as Chairman and Chief Executive Officer of Blockbuster Entertainment Group, a division of Viacom, Inc., from 1996 to 1997. Mr. Fields has also held numerous positions with Wal-Mart Stores, Inc., which he joined in 1971. He left Wal-Mart in March 1996 as President and Chief Executive Officer of Wal-Mart Stores Division, and Executive Vice President of Wal-Mart Stores, Inc.
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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.
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