/C O R R E C T I O N -- VitaCube Systems Holdings, Inc., d/b/a/ XELR8 Holdings, Inc./
December 16 2005 - 4:24PM
PR Newswire (US)
In the news release, XELR8 Holdings Reports That National
Distributor Growth on Pace to Deliver Profitability in 2006, issued
yesterday, Dec. 15 by XELR8 Holdings, Inc., over PR Newswire, we
are advised by the company that the headline should read "XELR8
Holdings Reports That National Distributor Growth on Pace to
Achieve 2006 Goals" rather than "XELR8 Holdings Reports That
National Distributor Growth on Pace to Deliver Profitability in
2006" as originally issued inadvertently. Complete, corrected
release follows: DENVER, Dec. 15 /PRNewswire-FirstCall/ -- VitaCube
Systems Holdings, Inc., d/b/a/ XELR8 Holdings, Inc. (AMEX:PRH), a
provider of nutritional foods, beverages and supplements, today
reported that for the month ended November 30, 2005 the number of
XELR8 network distributors grew to 1,843 -- representing a 12%
increase over the 1,650 distributors on board at the end of the
prior month. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO ) In late
September 2005, XELR8 unveiled a detailed strategy to re-brand its
corporate identity and product platform; to leverage its
relationships with professional and Olympic athlete supporters and
endorsers to build and enhance brand credibility and loyalty; and
to aggressively expand its national network of leaders and
distributors through local, regional and national marketing events
and rallies. According to Doug Ridley, President of XELR8 Holdings,
"Early response to our exciting new growth strategy is reflecting
that the network marketing community is embracing the XELR8
business opportunity and new product mix. Corporate initiatives
focused on promoting participation in local and regional rallies in
the months of October and November have helped to drive notable
month-over-month distributor growth. In light of this early success
and after factoring plans for perpetuating these initiatives
through the first six months of next year, we feel confident that
XELR8 remains on pace to achieve our goals for 2006." About XELR8
Holdings, Inc. VitaCube Systems Holdings, Inc., d/b/a/ XELR8
Holdings, Inc., is a provider of nutritional foods and beverages
designed to help enhance physical health and overall performance.
XELR8 has developed a comprehensive line of nutritional supplements
and functional foods designed in systems that are easy to take,
simple to understand, and conveniently fit within a lifestyle.
XELR8's commitment to quality, science, and research has earned
them a loyal following of over 350 world-class athletes, such as
5-Time Cy Young Award Winner Randy Johnson; Super Bowl Champions
Mike Alstott, Lawyer Milloy and Head Coach Mike Shanahan; Olympic
Medalists Briana Scurry and Caroline Lalive; Stanley Cup Winner
Blake Sloan; and PGA Tour Professional Tom Pernice, Jr. XELR8
products are only available through independent distributors
located throughout the nation. For more information about XELR8,
please visit http://www.xelr8.com/. Forward-looking Statements This
press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including prospects for XELR8's distribution network. Actual
results may differ from those discussed in such forward-looking
statements. These forward looking statements include risks and
uncertainties that include the Company's ability to attract and
retain distributors; changes in demand for the Company's products;
changes in the level of operating expenses; changes in general
economic conditions that impact consumer behavior and spending;
product supply; the availability, amount, and cost of capital for
the Company; and the Company's use of such capital. More
information about factors that potentially could affect the
Company's financial results is included in the Company's filings
with the Securities and Exchange Commission, including its Annual
Report on Form 10-KSB for the year ended December 31, 2004 and all
subsequent filings. Certain statements in this release regarding
the Company's agreements are in accordance with the guidelines
established by the Federal Trade Commission for endorsements in
advertising. Company Contacts: VitaCube d/b/a XELR8 Holdings, Inc.
Earnest Mathis, CEO (303) 316-8577, x228 Elite Financial
Communications Group, LLC Dodi Handy, President and CEO
407-585-1080
http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO
http://photoarchive.ap.org/ DATASOURCE: XELR8 Holdings, Inc.
CONTACT: Earnest Mathis, CEO, VitaCube d/b/a XELR8 Holdings, Inc.,
+1- 303-316-8577, ext. 228, or ; or Dodi Handy, President and CEO,
Elite Financial Communications Group, LLC, +1-407-585-1080, or ,
for XELR8 Web site: http://www.vitacube.com/
Copyright
Vitacube (AMEX:PRH)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vitacube (AMEX:PRH)
Historical Stock Chart
From Jul 2023 to Jul 2024