Company Highlights

The Company is a retailer of products and programs for the diet and nutrition industry. Given the growing concern in the US about health and weight issues, the Company is likely poised for healthy growth in the years ahead. According to Nutrition Business Journal, the global nutrition market grew from $172 billion in 2003 to $226 billion in 2006.

Demand for nutritional products is expected to expand further due to changing consumer demographics (baby-boomers are reaching age 60), growing awareness of diet/disease relationships and increasing acceptance of alternative healthcare practices. Demand for dietary and weight loss products is increasing as a result of growing obesity concerns.

Planet Nutrition has recently entered into an agreement with Peak Fitness Center, which operates fitness centers at 37 locations in North and South Carolina, to sell its products at stores within these centers. Through this venture, the Company expects to be generating approximately $10 million in annualized revenue by 2009, assuming stores in 40 Peak Fitness centers and generate 30-35% gross margins on in-store sales.
Current Projects