Muscle Warfare International Inc. Acquires its 3rd Company in the Nutritional Supplement Industry
PR Newswire
WELLINGTON, Florida, July 31, 2013
WELLINGTON , Florida , July 31, 2013 /PRNewswire/ --
Muscle Warfare International, Inc (OTC:MWAR) our business model is to research, evaluate, and acquire profitable private firms in the business segments of sports nutrition, energy, and business services for the benefit of our shareholders. We are announcing the acquisition of a company that was formed to help provide the highest quality dietary supplements and legal anabolic for bodybuilders and athletes. Committed to excellence, the company strives to help its customers achieve their peak goals in training and competition. The acquisition consisted of restricted shares of common stock in Muscle Warfare International, Inc for 100% of all outstanding common shares in the acquisition candidate.
The company has been conducting business since 2007, the company is a mail order nutritional supplement firm that sells and distributes product via websites and phone orders. Annual revenue varies from year to year with consistent low overhead and has been profitable for 6 years of operation. With the busy life style that exists today, customers can order products at a click of a mouse or make a phone call in between their busy schedules. The name of the company will be announced in the future and financials will be consolidated with Muscle Warfare International beginning this third quarter.
The Sports Nutrition Market is among the fastest growing and was one of the most resilient markets since the 2007 market downturn, experiencing impressive growth during this entire period. This strong and rapid market growth is forecasted by experts to continue for years to come due to continued and growing use and promotion of these products by elite professional athletes and bodybuilders. In addition, the amateur athlete market continues to expand and grow which is increasing the use of these products; this segment is expected to exceed $6 billion by 2018 according to the most recent Consumer Trend Reports.
Daniel Amato , President and CEO of Muscle Warfare International, Inc. and Muscle Warfare, Inc., stated: "I am very excited about this new acquisition as it is the perfect complement to add to our existing framework. We will continue to search for complimentary businesses that enhance shareholder value, and as always, we will keep the public informed of all acquisitions made in the future. In addition, I would like to inform our shareholders that we will continue filing quarterly and annual reports on a timely manner."
About Muscle Warfare International, Inc
(MWAR) Founded in 1985 and headquartered in Wellington , Florida , United States , our business model is to research, evaluate, and acquire profitable private firms in the business segments of sports nutrition, energy, and business services for the benefit of our shareholders. By providing the financial and human capital necessary to deal with the overwhelming administrative, planning, governance, compliance, and regulatory issues that abound, our partners can focus their energy and flourish.
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FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the holding industry; the positioning of Muscle Warfare International, Inc. in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Muscle Warfare International, Inc. can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
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SOURCE Muscle Warfare International, Inc
