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Microcap & Penny Stocks : Performance Nutrition (PNII)

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To: BobInBush who wrote (238)5/13/1999 10:32:00 AM
From: Bird  Read Replies (1) of 285
 
Last info I can find is that PNII sold it's assets to it's
former customer/affiliate Naturade (NRDC).
Maybe PNII is coming out of Chapter 11 ???



DALLAS, Jan. 30 /PRNewswire/ -- Performance Nutrition, Inc. (OTC: PNII),
which filed for Reorganization under Chapter 11 of the Bankruptcy Code in the
Federal Bankruptcy Court in Dallas, on January 21, has filed a motion with the
Bankruptcy Court for authorization to sell its operating assets to Naturade,
Inc.(OTC: NRDC), a California nutritional manufacturer-distributor with whom
PNI has a relationship.SOURCE Performance Nutrition, Inc.
-0- 1/30/97
/CONTACT: David E. Wynne of Performance Nutrition, 972-250-2274/
(PNII NRDC)CO: Performance Nutrition, Inc.; Naturade, Inc.ST: Texas
IN: HEASU: BCY
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