Archive for the ‘HealthSport Inc. HSPO’ Category

HealthSport, Inc. (HSPO.OB) Announces Agreement for $10 Million Investment by SMI Manufacturing

Tuesday, November 10th, 2009

HealthSport Inc. is the preeminent formulator and developer of edible, multi-layer film strips that deliver over-the-counter drug, nutritional and dietary supplement actives through buccal (between the cheek and gum) and sublingual absorption as well as oral ingestion. The company’s proprietary edible film strip technology has five patents pending and is believed to be superior to competitors’ film strips already on the market.

The company announced today that its strategic manufacturing partner, SMI Manufacturing, has agreed to invest $10 million into HealthSport. The investment is expected to accelerate the company’s growth and strengthen its alliances with large pharmaceutical companies to provide this breakthrough, next-generation drug delivery technology.

HealthSport will use the funds in a multitude of ways – as working capital, to provide funds for research & development, and to enhance the company’s current manufacturing plant. In exchange for the $10 million, SMI will receive a 55% stake in HealthSport.

HealthSport’s drug delivery platform is ideal for many drugs already used every day. In order to expand into these other promising areas globally, the company felt a strong need to make the deal with SMI Manufacturing. The CEO of HealthSport, Hank Durschlag, summed the deal up saying, “It has been apparent for some time that there is a very strong synergistic relationship between SMI and HealthSport. We are looking to take advantage of that relationship not only to produce dietary supplement and OTC film strip products, but also to begin working with pharmaceutical companies to enter the highly profitable prescription pharmaceutical market.”

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HealthSport, Inc.’s (HSPO.OB) Weight Management Strips Receive Positive Response

Thursday, June 11th, 2009

HealthSport, Inc. announced that its newly developed weight management product line, which initially includes an appetite suppressant strip and a calorie burner strip, has already received a second order from Enlyten, which is currently distributing the two products. Delivery is expected next month.

“Initial consumer feedback has been very positive. Our research and development team will continue to develop further weight management products which will include strips for blocking sugar and burning fat to take advantage of the $60 billion weight management industry,” stated Hank Durschlag, CEO of HealthSport.

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HealthSport Inc. (HSPO.OB) Into Film

Thursday, September 18th, 2008

HealthSport, Inc. is a company that focuses on the development, manufacturing, distribution, and marketing of nutritional supplements in an edible filmstrip format. Trading on the OTCBB, they market proprietary branded and private label offerings of their edible filmstrip nutritional supplements and over-the-counter drugs. HealthSport has their corporate headquarters in Tulsa, Oklahoma.

HealthSport owns three subsidiaries, which they created as distribution entities for their varied products. These three subsidiaries are Enlyten, Inc., InnoZen, Inc., and Cooley Nutraceuticals, Inc. Enlyten Inc. markets and distributes the HealthSport product portfolio. InnoZen, Inc. formulates, develops, and manufactures edible filmstrips that deliver active ingredients through a process involving “between the cheek and gum” absorption. InnoZen has five patents pending and several trade secrets, which they incorporate in the development and manufacturing process of their edible filmstrips. Cooley Nutraceuticals, Inc. markets FIX Hangover Strips and enters into distribution agreements with enterprises to market their products.

Healthsport’s Enlyten SportStrips replenish the body’s electrolyte levels after dehydration. Their PediaStrips delivers electrolytes to children without sugar or other non-essential additives. Their Enlyten Energy Strips are nutritional supplements, which provide caffeine, electrolytes, antioxidants, and other essential vitamins and minerals. They also market their Suppress Strips to treat cough, cold, and sore throat. In addition, they sell their OptiZen Lubricant Eye Drops, which give protection against the symptoms of dry eyes.

On July 10, HealthSport announced that their Pediatric Electrolyte Strips, distributed by Unico Holdings under the name Naturalist Oral Electrolyte Pedia Strips, was selected the “Best of the Best” of the Product Showcase in the Baby Care Category. This was at this summer’s annual exhibition of the National Association of Chain Drug Stores. HealthSport private labels their PediaStrips for leading food and drug retailers.

Recently, the company announced that Walgreen Co. is the first national drug store chain to carry HealthSport’s pediatric electrolyte strips. Walgreen’s is selling the product under their own private label and providing customers with a choice between grape and orange flavors. As well, HealthSport announced that CVS Caremark Co. will launch Pediatric Electrolyte Strips under their own private label. CVS is the largest retail drug chain in the country with over 6,300 drug stores in 40 states.

HealthSport distributes their products through grocery and drug stores, big-box retailers, and sporting goods stores. They also distribute them through non-traditional channels, including college bookstores, organizational events, and in nightclubs. The company is constantly innovating in product development and seeking new marketing avenues as they work to fulfill their customers’ needs.

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HealthSport, Inc. (HSPO.OB) Subsidiary Signs Deal With Prestigious Distributor

Tuesday, May 20th, 2008

HealthSport’s wholly-owned subsidiary, Cooley Nutraceuticals, Inc., has signed a distribution agreement with Core-Mark International for its FIX Hangover Strips product. The agreement will allow Cooley Nutraceuticals to distribute the FIX Hangover Strips in Las Vegas as well as the entire state of Nevada.

Fix Hangover strips is the company’s one-of-a-kind over-the-counter edible film strip delivery system of critical nutritional supplements for rapid hangover recovery. It is used the morning after drinking to provide fast relief from hangover symptoms resulting from average alcoholic beverage consumption. However, the company does warn that this product may not be effective on heavy levels of alcohol consumption.

“It’s exciting and a huge honor to be partnering with a company of Core-Mark’s caliber. Our business model from day one has been to align ourselves with the best and most established distributors, and Core-Mark International is a top tier company,” stated Clay Cooley, President, Cooley Nutraceuticals, Inc. “This relationship will allow us to expand substantially beyond our initial Las Vegas presence at the Palms and Hard Rock hotels, and lay the foundation to capitalize on Core-Mark’s nationwide distribution capabilities.”

Core-Mark is one of the largest broad-line, full-service distributors of packaged consumer products to the convenience retail industry in North America, and provides distribution and logistics services as well as marketing programs to over 20,000 retail locations in 46 states and 5 Canadian provinces through its 25 distribution centers.

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Beacon Equity Research Featured Client: HealthSport, Inc. (HSPO.OB)

Tuesday, February 19th, 2008

HealthSport, Inc. (HSPO.OB) is focused on the development, manufacturing, distribution, and marketing of nutritional supplements. The nutritional supplements are provided in a one of a kind edible film strip delivery system. HealthSport is a holding company with six wholly owned subsidiaries: Enlyten, Inc., Health Strip Solutions, LLC, Cooley Nutraceuticals, Inc., Maxx Motorsports, Inc., World Championship Poker, Inc., and Strategic Gaming Consultants, LLC.

HealthSport’s film strip delivery system provides rapid dissolution and release of active ingredients when it comes in contact with the oral mucosa. The innovative product, Enlyten™ SportStrips™, is a method of replacing electrolytes lost during heavy workouts. The product helps athletes avoid issues from excessive fluid consumption that common sports drinks can cause. The sports strips are offered in different flavors: orange, berry, and grape.

In May 2007, HSPO acquired InnoZen, Inc., a paramount formulator, developer and manufacturer of edible thin film strips. InnoZen was the first company to provide a successful medicated film strip, Chloraseptic Sore Throat Relief Strips®. HealthSport will use InnoZen’s in house research and capabilities to more rapidly formulate and develop the Sport Strip.

HealthSport plans to research, develop, and manufacture new thin film products and other products using various oral delivery systems.

Let us hear your thoughts: HealthSport, Inc. Message Board

HealthSport (HSPO.OB) Updates Investment Community Through All-New Interview with WallSt.net

Monday, October 22nd, 2007

Dan Kelly, President of HealthSport, Inc. (HSPO.OB), announced that the company recently engaged in an exclusive interview with www.wallst.net. The topics that were discussed in the interview include an overview of the company, the company’s future growth strategy, recent press releases, market opportunity, and future company milestones.

To hear the interview, visit http://www.wallst.net and click on “Interviews.” The interview can be found by typing the company’s ticker symbol under the interview window or by entering the company’s ticker symbol in the Search Archive window.

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HealthSport (HSPO.OB) Announces Distribution Agreement to Carry “Fix Hangover Strips”

Tuesday, October 16th, 2007

HealthSport, Inc. (HSPO.OB), a developer, manufacturer, and marketer of branded nutritional supplements, announced that its wholly-owned subsidiary, Cooley Nutraceuticals, Inc., reached an agreement with USA Drug (USAD) to become an authorized distributor of Fix(tm) Hangover Strips. Information about this product can be found by clicking on following URL: (http://www.fixstrips.com).

Fix(tm) Hangover Strips utilizes a propriety blend of ingredients that result in a faster and more efficient method to cure the inevitable hangover. Common symptoms of hangovers; fatigue, headache, nausea and weakness, are unwanted by almost every individual who consumers alcohol, and can be cured quickly by taking Fix Strips.

Patented Fix Strips deliver a blend of active ingredients through the soft tissue of the inner cheek and gum through a process known as Buccal Absorption. In fact, these strips allow Buccal Absorption to occur naturally without adding sugar and carbs. The drug uses such ingredients as B-Vitamins, Vitamin C, Caffeine, and electrolytes to aid in combating the mild withdrawals that the body suffers due to overindulgence of alcohol.

Clay Cooley, President of Cooley Nutraceuticals, Inc, stated, “USA Drug is a perfect partner as an initial retailer for the Fix(tm) Hangover Strips due to the regional nature of their locations. In addition, the response from potential distributors and retailers has been amazing, and I expect steady sales to occur as we begin delivering product during the end of October”.

Let us hear your thoughts: HealthSport, Inc. Message Board

HealthSport, Inc. (HSPO.OB) Launches New Redesigned Website

Thursday, August 9th, 2007

HealthSport announced this morning that its wholly owned subsidiary, Enlyten, launched a redesigned website for the Enlyten SportStrips. The SportStrips are an innovative product that delivers electrolytes in a quick and efficient manner through an edible thin strip.

The new website better defines the products and the science behind the electrolyte strips by featuring audio, video, podcasts, updated athlete profiles and images, contests, informative product overviews, and photos. The “Who’s Enlytened” page lists those who have purchased the product, which include professional, collegiate, and high school organizations.

Dan Kelly, President of HealthSport, stated, “We wanted to create a new website that was engaging and informative. `The design is very user friendly and offers a great deal of valuable information about our company, the science behind our product and how it works. We have worked hard to create a unique look for our products, and this website showcases that effort.”

Please share your thoughts: HealthSport, Inc. Message Board

HealthSport, Inc. (HSPO.OB) Wins Best of Show Award at the Largest Exhibition of Athletic-Training Products and Services

Thursday, July 26th, 2007

HealthSport announced that its Enlyten SportStrips were chosen as the Best in Show in the Nutritional Products category at the 2007 National Athletic Trainers’ Association (NATA) Trade Show. The trade show is known as the largest exhibition of athletic-training products and services in the world.

The President of HealthSport, Dan Kelly, stated, “We are proud to have our product recognized by the attendees of the NATA. We are honored that Enlyten SportStrips were selected for the ‘Best in Show Award’ in the Nutritional Products category. Winning the Best in Show Award demonstrates the athletic trainers’ recognition and appreciation of Enlyten SportStrips’ unique and effective delivery method. Since returning from the NATA Trade Show, we have experienced a tremendous increase in demand and inquiries about our SportStrips. The positive feedback from athletic trainers who were introduced to our SportStrips has been incredible.”

The company has already received orders from many NFL and CFL teams including the Buffalo Bills, Pittsburgh Steelers, Detroit Lions, Philadelphia Eagles, Miami Dolphins, New York Jets, New Orleans Saints, Baltimore Ravens, Dallas Cowboys, Kansas City Chiefs and Denver Broncos and the CFL’s BC Lions.

Enlyten SportStrips replace lost electrolytes through a unique thin strip delivery system, which has been shown to be dramatically faster then other systems. When the strip is placed between the cheek and gum, gastric absorption is bypassed and higher levels of electrolytes are placed directly into the bloodstream.

Please share your thoughts: HealthSport Message Board

HealthSport, Inc. (HSPO.OB) Agrees with Military University and Foundation to Research New Product

Tuesday, July 24th, 2007

HealthSport announced that it has signed agreements with The Uniformed Services University of the Health Sciences (USU), and The Henry M. Jackson Foundation to develop a new product and study electrolyte delivery in HealthSport’s edible thin film strips.

Enlyten SurvivalStrips, the newest product to be added, were specifically developed to help maintain energy in Military Soldiers. Because the troops are exposed to extreme environmental conditions, and many times wearing full gear, missions can be compromised and their health can be affected. The Cooperative Research and Development Agreement will determine the Enlyten Electrolyte Strips effectiveness in preventing dehydration and maintaining performance.

Dan Kelly, President of HealthSport, stated, “Nothing is more important than the health and safety of our soldiers. Whether they are on the battlefield or going through training, we want to be able to provide them with the best replenishment product possible to ensure that they are able to stay focused and stay healthy. We are truly honored that the Uniform Services University has elected to research the effectiveness of the Enlyten Electrolyte Strips.”

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Numerous NFL and Canadian Football League Teams Place Orders for HealthSport, Inc. (HSPO.OB) Product

Thursday, July 19th, 2007

HealthSport announced today that many football teams have already placed orders for their Enlyten SportStrips as the NFL training camps prepare to begin the new season.

Medco, one of the world’s largest suppliers of medical products to athletic trainers, sports medicine professionals, physical therapists and schools, was responsible for the sales. HealthSport recently signed a distribution agreement with Medco and has its SportStrips displayed on the distributor’s online homepage.

Bill Graham, Vice President of Sales for Medco, stated, “We are very excited to be the sports medicine distributor of the Enlyten SportStrips. After promoting the product at the National Athletic Trainers Association Conference, we have received inquiries from all levels of athletics including Coaches and Certified Athletic Trainers at the high school, college and professional level, representing all sports. Enlyten’s product line offers a unique electrolyte delivery method that appeals to all athletes, not just professionals, and we are truly excited to be able to offer this incredible product.”

Buffalo Bills Head Athletic Trainer, Bud Carpenter, commented, “Enlyten SportStrips provide an additional option for electrolyte replacement to our athletes, especially during intense games in warm weather and two-a-day practice sessions at training camp when cramping can affect performance. There are many ways nutrients can enter the body. The biggest factor with the Enlyten strips is they can be absorbed faster into the body’s system.”

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HealthSport, Inc. (HSPO.OB) Subsidiary To Unveil Prestigious Soccer Trophy

Tuesday, July 17th, 2007

Enlyten, a wholly-owned subsidiary of HealthSport, will be unveiling The Champions League Trophy along with A.C. Milan and the New York City Sports Commission at a press conference located in the country’s #1 soccer bar.

Earlier this year, the company announced a partnership with A.C. Milan which included supplying the team with Enlyten SportStrips and extensive testing of the product. The well-known soccer player used the strips during his victorious 2007 Champions League semi-finals and finals matches.

The President of HealthSport, Dan Kelly, stated, “We are so proud to be partnered with one of the most successful soccer organizations in the world and are excited to be able to bring the Champions League Trophy to fans in the U.S. for the very first time.”

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HealthSport, Inc. (HSPO.OB) is Positioned to Make a Significant Move in the Market

Friday, July 13th, 2007

HealthSport is focused on developing, manufacturing and marketing nutritional supplements in edible filmstrips. The unique method dissolves quickly and releases active ingredients immediately.

The company’s premier product, Enlyten SportStrips, replaces electrolytes lost during vigorous workouts. Many similar products on the market use sport drinks to distribute lost electrolytes, but are often high in sugar and do not do not properly balance electrolytes.

The market’s acceptance of the product is increasing as more discover it. The product offers many advantages which makes it a key choice above the competition.

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HealthSport Inc. (HSPO.OB) is a One to Watch

Thursday, July 12th, 2007

HealthSport (HSPO) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs. The Company owns two subsidiaries — Enlyten, Inc. and InnoZen, Inc. Enlyten was created to market and distribute HealthSport’s products. InnoZen (http://www.innozen.com) is the preeminent formulator, developer and manufacturer of edible film strips that deliver drug actives through buccal (between the cheek and gum) absorption. InnoZen’s proprietary edible film strip delivery technology is superior to any other competitive edible film strips currently on the market. InnoZen has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of edible film strips. The company’s Enlyten(tm) SportStrips(tm) (http://enlytenstrips.com), an edible film electrolyte strip, has recently undergone and completed pre-market testing conducted in conjunction with physicians and scientists at Duke University Sports Medicine & The Michael W. Krzyzewski Human Performance Laboratory (“K Lab”) (http://klab.surgery.duke.edu). Preliminary findings of these tests suggest that the Enlyten electrolyte strip delivers meaningful amounts of electrolytes to the body in a safe, fast and effective manner.