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To: GARY P GROBBEL who wrote (19342)	4/2/2004 9:11:58 AM
From: GARY P GROBBEL	Respond to of 120405

IAGX .99: Imagenetix Reports 31% Increase in Quarterly Sales and Fourth Consecutive Quarter of Profitability Tuesday February 17, 8:30 am ET SAN DIEGO--(BUSINESS WIRE)--Feb. 17, 2004--Imagenetix, Inc. (OTCBB:IAGX - News), www.imagenetix.net, an innovator of scientifically tested, natural based, proprietary bioceutical products developed to enhance human and animal health on a global basis, today announced results for the third fiscal quarter ended December 31, 2003. For the third fiscal quarter ended December 31, 2003, the company reported revenue of $1,066,399, an increase of 31% compared to $813,875 reported in the same quarter of the prior fiscal year. For the third quarter, the company reported net income of $152,158 or $.02 per share compared to a loss of $ 7,192 or ($.00) per share reported for the same quarter of the prior fiscal year. For the nine months ended December 31, 2003, the company reported revenue of $2,923,065 compared to $2,382,955 reported for the first nine months of the prior fiscal year. For the first nine months, the company reported net income of $242,311 or $.03 per share compared to a loss of $823,877 or ($.10) per share reported for the first nine months of the prior fiscal year (included in the prior nine months net loss was a non-cash expense of $408,327 or ($.05) per share associated with the issuance of common stock purchase warrants). "I am pleased to report increases in both sales and earnings to our shareholders," reported Bill Spencer, CEO. "Our nine-month sales have increased 22% over the same nine-month period last year, our most recent quarter saw sales increase 31% over the same quarter last year, and we have shed last year's losses by posting four consecutive profitable quarters. I am also happy to report that backlog remains at comparatively high levels which should bode well for the company's near term future. Our sales initiatives are working. They are translating into top line growth and bottom line earnings for our shareholders."

To: GARY P GROBBEL who wrote (19342)	4/2/2004 10:21:39 AM
From: sainte-beuve	Read Replies (1) \| Respond to of 120405

Gary, do you have anymore gems like CEP.V in consideration? As a Canuck, I'm looking at putting some more Canadian dollars into investment. CEP.V has been astonishing... it just keeps going. This is about a 12 bagger (if I calculated correctly) since you first mentioned it last year. Dirk

To: GARY P GROBBEL who wrote (19342)	4/2/2004 10:53:49 AM
From: GARY P GROBBEL	Read Replies (4) \| Respond to of 120405

PHLI .90: (COMTEX) B: PacificHealth Laboratories, Inc. Announces 64% Increase in Fir t Quarter 2004 Revenues B: PacificHealth Laboratories, Inc. Announces 64% Increase in First Quarter 2004 Revenues MATAWAN, N.J., Apr 2, 2004 (BUSINESS WIRE) -- PacificHealth Laboratories, Inc. (OTCBB: PHLI), an innovative nutrition technology company, announced today that revenues for the first quarter of 2004 were approximately $2,300,000 (unaudited), a 64% increase over the same period in 2003 when revenues were $1,397,667. The increased revenues are due to increases in sales of the Company's ACCELERADE(R) and Endurox R4(R) sports drink product lines as well as significant opening orders for the Company's new COUNTDOWN(R) post-workout drink for the strength-training athlete. Dr. Robert Portman, President and CEO of PHLI, said, "Our revenues for the first quarter represent the largest quarterly sales of our sports nutrition products in the company's history. The increased sales reflect a continuation of the growth we saw in the fourth quarter of 2003. Traditionally, our first quarter is one of our weaker quarters because of the seasonality of sports drink sales. Based upon our first quarter numbers, we look for continued sales growth in the upcoming quarters." About the Company PacificHealth Laboratories, Inc., Matawan, NJ, was founded in 1995 to develop and commercialize functionally unique nutritional products for sports nutrition, weight loss and Type 2 diabetes. To learn more about PacificHealth Laboratories, Inc., visit: www.pacifichealthlabs.com; www.accelerade.com; www.strong-research.com; and www.satietrol.com. Notice: This news release and oral statements made from time to time by Company representatives concerning the same subject matter may contain so-called "forward-looking statements". These statements can be identified by introductory words such as "expects", "plans", "will", "estimates", "forecasts", "projects", "potentially" or words of similar meaning and by the fact they do not relate strictly to historical or current facts. Forward-looking statements frequently are used in discussing new products and their potential. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known, such general economic conditions, consumer product acceptance and competitive products, and others of which are not. No forward-looking statements are a guarantee of future results or events, and one should avoid placing undue reliance on such statements. SOURCE: PacificHealth Laboratories, Inc. CONTACT: Cameron Associates Lester Rosenkrantz, 212-554-5486 lester@cameronassoc.com or Alan Taylor Communications Mark Beal, 212-714-1280 Customize your Business Wire news & multimedia to match your needs. Get breaking news from companies and organizations worldwide. Logon for FREE today at www.BusinessWire.com. Copyright (C) 2004 Business Wire. All rights reserved. -0- KEYWORD: NEW JERSEY INDUSTRY KEYWORD: CONSUMER/HOUSEHOLD RETAIL FOODS/BEVERAGES GOVERNMENT SPORTS PRODUCT * end of story *