Vital Living Purchasing Christopher's Original Formulas 27454
April 28, 2003
Vital Living Purchasing Christopher's Original Formulas
PHOENIX--Vital Living Inc. (OTCBB:VTLV) signed an agreement topurchase Christopher's Original Formulas, a dietary supplement manufacturerbased in Springville, Utah. The agreement is subject to terms of a definitiveagreement and completed financial audits of the companies. Vital Living willissue 2.6 million shares of VTLV common stock, with Christopher's eligible toreceive a maximum of 650,000 bonus shares over the 24 months following theclosing. VTLV stock value appeared unaffected by the April 1 announcement,holding at $.87.
Christopher's will expand the range of products Vital Living has available;Vital Living products are sold through physicians to consumers requiring aspecific dietary supplement regimen. Christopher's products will continue to besold primarily to natural products stores and independent pharmacies.
This is the second acquisition in recent months for Vital Living (www.vitalliving.com).In November, the company purchased MAF BioNutritionals in Boonton, N.J., for 2.5million shares of restricted VTLV stock. The acquisition was expected to addsales of $3 million for 2003; it also gave Vital Living immediate access to morethan 2,000 existing dispensing practitioners, in addition to many retailaccounts, health clubs, vitamin stores and lifestyle accounts.
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