To: Beermeister who wrote (21 ) 2/15/1999 10:36:00 PM From: GERBER Respond to of 29
WALL STREET WEST NEWSWIRE February 15, 1999 VITAFORT INTERNATIONAL CORP.: THE STOCK OF THE WEEK! Those of you who have been watching our stock of the week selections will know that our record is excellent this past few weeks. This week's selection is Vitafort International Corp. (OTC-BB-VRFT-.90). We did a STOCK ALERT on this company 40 minutes before the close on Friday. It quickly ran from .68 to .90. We would guess that the "pent up" demand (Internet Orders over the weekend and others who will buy the stock on Tuesday) is HUGE. If you look at the volume, approximately 280,000 shares traded in that 40 minute period. How many shares would have traded if the market never closed? Our short term target for this puppy is $1.50 to $2. Who did all the buying? We aren't sure, but one of our sources tells us that about 400,000 shares are short. If this stock continues at the rate in did on Friday, these folks will have to cover their positions. This short covering coupled with any buying that comes in from the general public could send the price skyrocketing. We like VRFT because it reminds us of The Children's Beverage Group. We first heard about Children's when it was in the .70 area. While we were still studying the company, it ran to the $1.80 area. It pulled back to the $1.50 area, where we first profiled it. Well, from there it shortly ran to the $3 area (It has since pulled back to the $1.75 area). All of this happened after Children's made a presentation to RIBA (Regional Investment Bankers Association). We talked with VRFT on Friday and we learned that they also plan to make a RIBA presentation. There are also other similarities. Like Children's, VRFT has distribution to large, well known, publicly traded retail outlets. Vitafort International develops and markets products in the healthy-snack category under the Visionary Brands umbrella. The company's products are sold in major retailing organisations nation-wide. Some of these retailers include high powered organisations like Wal-Mart, Sam's Clubs, Bruno's, Harris Teeter, A&P, Bi-Lo, Vons, Albertsons, Pamida, and Winn-Dixie. Hollywood Partners Inc., a wholly owned subsidiary of Vitafort International Corp., recently announced that sales of ''The Wizard of Oz'' brand of marshmallows, gummy candies and lollipops have exceeded $2 million. ''The Wizard of Oz'' brand continues to gain strength in the marketplace with retailers across the country. The excitement we are experiencing on our gummy candies and lollipops collector tins from both the retailers and the consumers has been tremendous,'' said Vitafort Chief Executive Officer, Mark Beychok. ''With this type of momentum, we feel confident that sales on these items will continue to expand.'' Vitafort International Corporation has been a publicly traded company for 12 years. It has a profile at Yahoo and is a fully reporting company (files regular material to the United States Securities and Exchange Commission). We glanced over the filing and noticed that the company appears to be undergoing dramatic increases in revenues. Vitafort International, Inc. Issued and Outstanding Shares: 10,000,000 Float: Approximately 7.5 million Telephone: (310) 552-6393 In our opinion, VRFT is seriously undervalued and has yet to be discovered by the investment community. By the time it is discovered, we see much higher prices. For more information about Vita fort International, visit the Wall Street West profile at wallstreetwest.com or the Yahoo profile atbiz.yahoo.com .