no, not holding any WLDI right now. TRIM just announces good news, don't chase -- according to TRIM's CEO, this is only the beginning, also, the float is extremely thin, about 400K. There is a significant short position in the stock by 2 mms, from what I heard.
TrimFast Group, Inc. Announces NUTRITIONCAFE.COM the Internet's Newest Online Community
Business & Lifestyle Editors/Health, Medical & Technology Writers
TAMPA, Fla.--(BW HealthWire)--April 26, 1999--TrimFast Group,
Inc. (OTC BB:TRIM) has announced plans to launch an Internet Community
Website (www.nutritioncafe.com) on June 1st of 1999 through a joint
venture marketing agreement with Internet Marketing Consortium, Inc.
Internet Marketing Consortium, Inc.'s portfolio includes holdings
in 200 companies, among these are TV Guide, World Net.com and
Shopping.com (OTC BB:IBUY). Their sites are currently experiencing
approximately 170 million hits per month. It is reported that Internet
traffic is doubling every 100 days and that the Internet economy, now
reported at $200 billion, is expected to grow to $954 billion by 2002.
The NutritionCafe website is strategically poised to become the
leading supplier of quality Health & Nutrition products available on
the Internet.
NutritionCafe is projected to include over 10,000 vitamins,
herbs, dietary supplements and homeopathic products sold to members at
distributor wholesale prices. Members will enjoy discounts of up to
70% on their supplement needs including well known brands such as:
TrimFast, Body Life Sciences, Prolab, Twinlabs, MetRx and many others.
President & CEO of TrimFast Group, Inc. Mr. Michael Muzio
commented: "It is anticipated that the NutritionCafe Site will allow
TrimFast Group, Inc.'s subsidiaries, TrimFast, Inc. and Body Life
Sciences, Inc. maximum exposure in the marketplace and expanded
wholesale shopping through the net."
TrimFast is pleased to announce that NEXTDigital of Tampa,
Florida will be responsible for designing and maintaining the Site.
NEXTDigital (www.nextdigital.com) is one of America's leading
full-service Internet/Web application & development companies creating
e-commerce Web applications, high-end Web design, interactive
programming, database integration, real time credit card processing
and Internet marketing services. Its customers include several
publicly-traded companies, including Oracle, Florida Progress, Jabil
Circuit and Transitions Optical. For more information contact Arthur
Fyvolent at NEXTDigital: 813/835-8812.
Part of the rapidly growing nutraceutical industry, TrimFast
Group, Inc. (OTC BB:TRIM) is a formulator, manufacturer, distributor
and marketer of innovative nutraceutical products for both the
wholesale and retail channels. The Company's products are targeted to
health and fitness conscious consumers under the brand names of
TrimFast (Herbal Plus)(tm), Immune Blast(tm), Max Impact(tm), St.
John's Wort(tm), TrimFast(tm), Sudden Energy(tm), Ginseng Zing(tm),
HumaTropin am, HumaTropin pm, MyoBlast(tm), MyoBlast II(tm),
Kicks(tm), Chewable Multi Vitamins, SomaBlast and Muscle Recovery. The
company also distributes for Weider Nutrition Int: (NYSE:WNI-Y),
TwinLabs (Nasdaq:TWLB) and Nature (Nasdaq:NATR).
Statements included within this news release that are not
historical in nature constitute forward-looking statements for the
purposes of the safe harbor provided by the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that this news
release contains certain such forward-looking statements that involve
substantial risks and uncertainties. When used, the words
"anticipate," "believe," "estimate," "expect," and similar expressions
as they relate to the company or its management are intended to
identify such forward-looking statements. The company's actual
results, performance or achievements could differ materially from the
results expressed in, or implied by, these forward looking statements.
Further management discussion of risks and uncertainties can be found
in the company's quarterly filing with the Securities Exchange
Commission and other periodic filings.
--30--pp/mi*
CONTACT: TrimFast Group Inc., Tampa
Michael J. Muzio, President
813/275-0050
or
Internet Marketing Consortium, Jenkintown, Pa.
215/887-5700
KEYWORD: FLORIDA
INDUSTRY KEYWORD: COMED INTERACTIVE/MULTIMEDIA/INTERNET
PHARMACEUTICAL FOODS/BEVERAGES RETAIL
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
Apr-26-1999 05:47 GMT
Symbols:
US;TRIM
Source BW Business Wire |
