XELR8 Holdings Grows Direct Selling Network to 2,413 Distributors in April
May 09 2006 - 9:30AM
PR Newswire (US)
DENVER, May 9 /PRNewswire-FirstCall/ -- VitaCube Systems Holdings,
Inc., d/b/a/ XELR8 Holdings, Inc. (AMEX:PRH), a provider of
functional foods, beverages and nutritional supplements, today
reported that the number of distributors comprising its national
direct selling network grew 7% in April, increasing to a total of
2,413 distributors -- up from 2,255 in March and 2,038 in February.
As previously disclosed, the Company's strategy for achieving and
maintaining profitability provides for building its direct selling
network to over 6,500 distributors in 12-18 months. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050926/FLM015LOGO ) "Through
continued expansion of our national direct selling network, XELR8
is building notable brand awareness and gaining sales momentum,"
stated Earnest Mathis, Chairman and CEO of XELR8 Holdings. "We are
very excited about the growth trend we are experiencing. To help
perpetuate and enhance this growth well into the foreseeable
future, XELR8 is continuing to execute exciting recruiting and
marketing strategies to compel entrepreneurial-minded individuals
to join our fast growing team." 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 and an elite list of endorsers, such
as five-time Cy Young Award Winner Randy Johnson; Super Bowl
Champions Mike Alstott, Lawyer Milloy and Head Coach Mike Shanahan;
professional football superstar Cadillac Williams; Olympians 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, 2005 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, 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 Holdings Web site: http://www.xelr8.com/
Copyright
Vitacube (AMEX:PRH)
Historical Stock Chart
From Dec 2024 to Jan 2025
Vitacube (AMEX:PRH)
Historical Stock Chart
From Jan 2024 to Jan 2025