Mississauga, ON -- (ReleaseWire) -- 04/30/2014 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “FitLife Brands Repeats Pattern of Growing Sales and Profits.”
Companies mentioned in this article include GNC (NYSE:GNC), FitLife Brands, Inc. (OTCQB:FTLF) and Herbalife (NYSE:HLF).
Splitting a stock, whether forward or reverse, for a blue chip company generally garners widespread applause. However, cheers are generally not heard when microcap companies perform a reverse split because too many upstarts have used the restructuring tactic as a cash cow, a fact that has jaded the reverse split concept to most speculative investors. If a company is a solid growth story, though, a reverse split can indeed be a good thing, cleaning-up outstanding shares and placing a higher value to them, while putting the company in a better position for favorable financing and a potential move to a senior exchange one day.
For instance, a reverse split last September had a positive impact on Bond Laboratories, Inc. (formerly “BNLB”), a manufacturer of over 50 different nutritional supplements sold primarily through GNC (NYSE:GNC) franchise stores under the brands NDS Nutritional Products, PMD, SirenLabs and CoreActive. In connection with the 1-for-10 split, Bond changed its name and ticker to FitLife Brands, Inc. (OTCQB:FTLF) and eliminated some preferred stock to lower its total borrowing costs by about $200,000 per year. As a result of the split, the new FitLife had about 8.6 million shares outstanding on a fully diluted basis.
The full version of this article can be found at:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.
AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.
Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com
Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.