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The company just completed a $3 million dollar plus private placement, and is in the process of completing a $5-$15 million institutional private placement of convertible preferred equity.
The stock is up from .85 in March to about $3. In the future VTLV will have a market cap of over $50 million, and enough shareholders to qualify for a NASDAQ listing.
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In an effort to address America's #1 health concern, Vital Living is targeting cardiovascular health with its first physician-formulated nutraceuticals.
Vital Living has created partnerships with the Arizona Heart Institute (AHI) and leading health education organizations to develop its cardiovascular health products and programs. These partnerships are helping Vital Living develop nutraceuticals and accompanying lifestyle programs best-suited to achieving cardiovascular health.
Management has locked up an exclusive three-year product formulation and direct distribution agreement with the Mayo Clinic of heart disease-the Arizona Heart Institute (AHI).
VTLVs doctor formulated and AHI approved nutritional supplements will be distributed at AHI facilities to its entire past/present patient population. AHI and their affiliates treat more than 25,000 cardiovascular patients annually. The agreement also details a joint introduction of the cardiovascular nutritional regimen to AHIs active data base of over 150,000 patients.
They have locked up one of the heart worldÿFFFF92s leading gurus-Ted Dietrich, M.D., who is the founder and medical director of AHI, to actively work with VTLV in integrating their program into the AHI system. Dr. Dietrich also consults with dozens of heart centers throughout the world, and it is expected the VTLV nutritional program will be introduced outside the AHI market when possible.
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