Boolish...try a search for Wampole Canada Inc. They have a website where you can order product from PHLB but under their own label (at least they did a year ago). See press release below. BTW I got out of this stock a year ago after growing tired waiting for it to take off. You can forget about WalMart picking up this product because PHLB can not afford the slotting fees. In fact if you read the 10-SB they filed with the SEC you will see that they have paid everyone but the paperboy with stock. There business model seems to change with the wind also. First they are a private label manufacturer(GNC) lost their a$$ on that, (got stuck with a million dollars worth of inventory), tried to make a go of it with WalMart by marketing their own brand of "Liquid Solutions", couldn't afford the slotting fees as I said,then decided to try their "Direct Distributor Program", that apparently hasn't worked and now have decided to try franchising.
( BW)(PHARMACEUTICAL-LABS)(PHLB) Pharmaceutical Laboratories Inc.
Reports Order From Wampole Canada Inc.
Business Editors
CORPUS CHRISTI, Texas--(BUSINESS WIRE)--Oct. 27,
1998--Pharmaceutical Laboratories Inc. (OTC BB:PHLB) announced today
the receipt of a $56,000 Purchase Order from Wampole Canada, one of
the largest Canadian-owned pharmaceutical companies. Wampole Canada is
a $20 million dollar company and is located in Scarborough, Ontario,
Canada.
This newly received order brings the total amount of business
with Wampole over the last three months to approximately $250,000 in
orders.
President of Wampole Canada, Aubrey Dan, stated that, "We have
surpassed our sales forecasts for the year by three times with
Pharmaceutical Laboratories products. The acceptance of their product
line in Canada has been overwhelming. The products manufactured by
Pharmaceutical Laboratories Inc. that we sell under the Wampole
Private Label are now distributed in over 80% of all retail pharmacies
across Canada, and we are now in the process of launching Kava Kava
liquid extract across the country, another first in Canada."
Pharmaceutical Laboratories Inc., with offices in Arlington,
Corpus Christi, and Harlingen, Texas, specializes in the development,
manufacturing and marketing of liquid nutritional products. All
products are manufactured on-site in the Company's state-of-the-art
facilities. Pharmaceutical Laboratories Inc. is listed on the OTC
Bulletin Board under the symbol PHLB.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1955: Statements in this news release looking forward in
time involve risks and uncertainties, and actual results may be
materially different. Factors that could cause actual results to
differ include activity levels in the securities markets and other
risk factors such as customer order rates, cancellations, late
delivery of customer components, production delays, dependence upon
certain customers, dependencies upon key executives, viability of
quarterly results, single operating facility, competition, product
liability risk, control by management, foreign currency fluctuation,
and other risks detailed in the Company's applicable SEC filings.
CONTACT: Pharmaceutical Laboratories Inc.
George Baucom, 800/856-7040
george@phlb.com |
