Vitamin Blue Outlines Growth Strategy to Achieve $50 MIL+ Revenues in 5 Years
18 Marzo 2013 - 6:00AM
Marketwired
Vitamin Blue, Inc. (OTCQB: VTMB) a developer, producer, and
distributor of water boardsports apparel, accessories and related
products, today announced that it has future plans to expand its
operations and to focus efforts on exploiting a high growth market
segment in the SUP (StandUp Paddle) utilizing marquee customers and
worldwide online presence. Vitamin Blue has successfully gained
excellent word of mouth from past customers who will contribute
greatly to future company growth and expansion. Additionally, the
company's competitive advantage is superior customer service which
expects to achieve the growth target by executing a two-prong
strategy.
Part one of the growth strategy will be to offer our products
throughout the United States. National expansion is underway as
online presence on both EBay and Amazon has been established to
gain new US based customers as well as maintaining current ones.
Achieving this will increase the brand and company's image to
attract world top surfers endorsement.
Part two of the growth strategy is to pursue international
expansion to offer our products around the world. Establishing
foreign presence on EBay and Amazon along with potential exclusive
distributorship with customers in Portugal and Southeast Asia,
Vitamin Blue will vastly increase its global blueprint within the
next 3-6 months.
The initial phase of marketing and distributing Vitamin Blue
products has started but the company is forecasting the aggressive
growth strategy will lead to substantial revenue generation in the
short-term and has the potential to become a $50 Million+ brand
over the next five years.
There are three primary drivers of shareholders value in the
growth strategy:
1. Revenue Growth: A 500% increase in sales from both EBay and
Amazon sites has been achieved.
2. Cash Flow Growth: Maintain profit margins to ensure cash
balance is strong in preparation for future partnership and
endorsement deals.
3. Positive Return on Investment: Work-in-progress to ensure
shareholders will achieve the highest return on investment at all
times.
CEO Frank Ornelas stated, "Due to increasing demand for our
products, and subsequent increased sales on both EBay and Amazon
ecommerce sites, we're currently looking to expand our operations
in both the US and overseas markets. In addition to these major
initiatives, we hope to ensure logical matching of relevant
industries and active cultivation of new profit growth to ensure
appreciation of stockholders value. Our shareholders are what drive
the company to where it is today and we will reward them generously
for their vote of confidence in our future."
About Vitamin Blue, Inc. (www.vitaminblue.com): Vitamin Blue
designs, develops, produces and distributes water boardsports
apparel, accessories and related products. Founded in 1999, the
Costa Mesa, California based company is part of the consumer goods
sector and nondurables industry.
Forward Looking Statements:
This press release contains forward looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Any statements made in this press release that are not
statements of historical fact, including statements about our
beliefs and expectations, are forward looking statements. Forward
looking statements include information concerning possible or
assumed future results of operations, including descriptions of our
business plans and strategies. Although we believe that these
forward looking statements are based on reasonable assumptions, you
should be aware that many factors could affect our actual financial
results or results of operations and could cause actual results to
differ materially from those expressed in the forward looking
statements, including, without limitation, the factors described
under "Risk Factors" and "Management's Discussion and Analysis of
Financial Condition and Results of Operations" of our Securities
and Exchange Commission filings.
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