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VTPI Surpasses $1 Million Sales Up From $10k 1 Year Earlier
Vital Products, Inc. Issues Shareholder Update
SOURCE Vital Products, IncLAGUNA WOODS, Calif., April 2013 — Vital Products, Inc. (OTCBB: VTPI), a business
to business supplier of printer cartridges, is pleased to provide the following update to its shareholders. As of February 27, 2013 DTC has lifted the Deposit Chill and has resumed accepting deposits of our stock for depository and book-entry transfer services. As well over the past year, the company has progressed well with the development of a solid business model as reflected in our most recent 10q for the period ended January 31, 2013 with sales for the six months ended January 31, 2013 of $1,089,522 and a gross profit of $144,939 an increase from $10,425 in sales and gross profit of $2,994 a year earlier
Our net loss has also been reduced from $95,188 to $72,779 for the same period.
"Our goal is to continue to grow the business so we can enhance
the top line and produce solid results to the bottom line," commented James McKinney, CEO of Vital Products. McKinney continued "The past few weeks have been a particularly exciting period for us, we are working with an exceptional team and continue to gain momentum exploring niches and developing exciting revenue streams. I look forward to keeping you updated on our progress."About Vital Products, Inc.
Vital Products, Inc. is a business to business supplier of remanufactured and compatible LaserJet and inkjet cartridges.
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