EQLB Releases Letter to Shareholders
September 14 2009 - 12:00PM
PR Newswire (US)
LAS VEGAS, Sept. 14 /PRNewswire-FirstCall/ -- EQ Labs, Inc. (Pink
Sheets: EQLB) announced today that on Saturday, August 29, 2009,
the Company held its first public stockholders' meeting at its
headquarters in Las Vegas, Nevada with Maurice "Mo" Owens, the
Company's Chairman of the Board and CEO presiding. The Board of
Directors of EQ Labs is pleased to announce that all of the
recommendations of the Board and the resolutions placed before the
shareholders were approved during the shareholder meeting.
Investors traveled from throughout the United States to attend the
Company's first annual shareholder meeting and an equally
significant number of investors were able to participate in the
event online. One of the most noteworthy highlights of the meeting
was Owens' overview of the Company's research and development
activities which have developed three new flavors of the EQ Smart
Energy Drink tablets: Strawberry Dream, Mo Apple, and Lemon Lime.
These new flavors, when combined with water or another beverage of
choice, taste more like fruit drinks and are in no way similar in
taste to other energy drinks already on the market. "With a
Manufacturers Suggested Retail Price (MSRP) of less than one dollar
per tablet, we expect these exciting new flavors to fare very well
with consumers," Owens commented. "The fact of the matter is, these
new flavors came out over a month ago and were immediately marketed
to our current distributors and wholesalers (collectively
representing over 100,000 points of sale), who have responded very
positively." "The next phase of this marketing initiative will
entail expanding the demand for these effervescent tablets with new
consumer oriented retail organizations so that they too might
'think outside the can' and appreciate the impact, unique
characteristics of this product, and income potential," Owens
concluded. About EQ Labs, Inc. EQ Smart Energy Drink is an
effervescent tablet that provides instant energy in any beverage.
Consisting of a blend of essential vitamins, Gingko Biloba, and
less caffeine than a cup of coffee, EQ keeps you going any time - -
day or night. Since one tablet of EQ Smart Energy Drink is the
equivalent of one can of any competing energy drink on the market,
it is more economically efficient and convenient for consumer usage
than most energy drink products in the marketplace. EQ is sold
either in packets of one single tablet or three-inch tubes of six
tablets. The product does not have to be kept cold to enjoy nor
does it require a lot of space. As an example, a three-inch tube
containing six tablets can be transported in a pocket or purse, and
yet it is the equivalent of 6 cans of energy drink, when combined
with eight - ten ounces of any beverage, at a significant cost
savings. EQ is all about energy and living the All-American
Lifestyle. The Company presently distributes its products through
national distributors, such as McLane Distributors, which
distributes to the national convenience store chain, 7-Eleven, and
numerous other regional distributors, and has been approved for
consumer consumption by the Ministries of Health in Latin America
countries such as Mexico and Brazil. Similar approval is pending in
Brazil, where the largest nation-wide pharmacy chains have formally
requested national distribution privileges. The Company sponsors
athletes from a diverse field to assist in promoting its products.
EQ Labs, Inc. sponsored the off-track racing teams that won 1st
Place (in Series 5) in the prestigious Baja 1000 in 2007, the LVDC
team who won the 2008 Baja 1000 and has won 1st Place trophies in
15 of its last 17 races, with the EQ brand prominently displayed by
the drivers and their crew. Forward-Looking Statements This press
release contains forward-looking statements that reflect the
Company's current expectation regarding future events. Actual
events could differ materially and substantially from those
projected herein and depend on a number of factors. Certain
statements in this release, and other written or oral statements
made by EQ Labs, Inc. are "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. You should not place
undue reliance on forward-looking statements since they involve
known and unknown risks, uncertainties and other factors which are,
in some cases, beyond the Company's control and which could, and
likely will, materially affect actual results, levels of activity,
performance or achievements. The Company assumes no obligation to
publicly update or revise these forward-looking statements for any
reason, or to update the reasons actual results could differ
materially from those anticipated in these forward-looking
statements, even if new information becomes available in the
future. Contact: Maurice "Mo" Owens, CEO EQ Labs, Inc. TEL:
702-445-7762 Email: ; or Bob Fain, COO Email: , and Web Sites:
http://www.drinkeq.com/ DATASOURCE: EQ Labs, Inc. CONTACT: Maurice
"Mo" Owens, CEO, +1-702-445-7762, , or Bob Fain, COO, , , both of
EQ Labs, Inc. Web Site: http://www.drinkeq.com/
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