MATTHEWS, N.C., Oct 23, 2001 /PRNewswire via COMTEX/ -- Vital Living Products, Inc. d//b//a// American Water Service (OTC Bulletin Board: VLPI) announced yesterday that taking into account all conversions to date of its convertible debentures, the company currently has approximately 7,310,000 shares of common stock outstanding, and the principal balance remaining of its convertible debentures is approximately $291,000.
Vital Living has previously disclosed that it has certain convertible debentures outstanding that are freely convertible into common stock based upon a market price-driven formula.
To be placed on the VLPI shareholder e-mail list contact sandy@purtest.com. Shareholders and financial professionals may also contact sandy@purtest.com.
About Vital Living Products, Inc.
Vital Living Products specializes in environmental testing and treatment products that are sold nationally in over 20,000 locations under the PurTest(R) brand name. Winner of the 2000 Consumer Product Award by the American Quality Institute and Best New Product Award in its category for 2000 by Today's Homeowner, the Company manufactures and distributes PurTest(R), delivering instant results. In addition, Vital Living Products, Inc. provides drinking water systems and water treatment equipment for residential, commercial and industrial use. PurTest(R) water testing kits, recommended by Good Housekeeping Magazine in November of 2000, are available through Ace Hardware, Do It Best, Lowe's, Fred Meyer, Menards, United Hardware, W.W. Grainger, Mid-States Distributors, plus many Home Depot locations. |
