This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Creative Edge Nutrition, Inc., Shareholder Update

MADISON HEIGHTS, Mich., Feb. 5, 2013 /PRNewswire/ -- Creative Edge Nutrition, Inc. (OTCPINK: FITX), a nutritional supplement company focusing on active lifestyles is pleased to update its shareholders on the current status of the company and continuing efforts to grow into a profitable company providing increased shareholder value along with our just released product launch of the Metabolic Xtreme, and Alpha drive. We are pleased to announce that our Metabolic Xtreme and Alpha drive are available for sale to the general public and can be purchased online at,,,

Since my last letter there have been a number of developments in your company which I wish to update you on. These developments are the groundwork necessary for the executing of new retail contracts with some of the largest supplement retail companies in the United States and Canada. There is a very detailed process of our products being accepted for retail sale and we wanted to make sure that our label claims have merit as we have re-formulated ingredients for our Metabolic Xtreme, Hyperfusion, Aminoplex, and Alpha drive products. These will be among the first products of the Cenergy line that we launch.

Since I was appointed as CEO of the Company on April 6, 2012, our Board of Directors had a clear vision and strategy in mind: build a vertically integrated nutrition company that can conceptualize, create and sell direct to the consumer and for Store Only Brands while leveraging strategic distribution partners globally. We had to reorganize and streamline the order fulfillment company in order to prepare Creative Edge Nutrition, Inc. to handle the anticipated increased volume.  Jeff Thomas, VP of Sales has been integral in this area and will continue to spend time more in our Arizona sales, SEO and fulfillment center, to manage this process.

Although we secured Purchase Order financing and have issued our first financed Purchase Order to one of our distributors, we have also secured credit risk financing from Coface Insurance, the world's leader in credit risk and trade financing risk. We are producing products for our Australia, Canada and European distributors and Coface assures us of the credit worthiness of our partners. They have issued an insurance contract valued at $1.65M for some of the credit worthy U.S. vendors.

We have valued banking relationships with credit line, purchase financing, and operating facility of over $2.75M dollars across our business interest, and we have continued to service these lines contractually. We are looking to consolidate these banking relationships with one or two major banks in the U.S., who have already opened merchant and corporate banking accounts to handle our increased volume of business.

The financial engineering, credit and trade insurance program, product repackaging, redesign and relabeling, as well as fulfillment center reorganization are all critical components that were needed to engage the right banking relationship, and execute the right contract with the U.S., leading supplement retailers.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.63 -0.65%
FB $119.16 1.10%
GOOG $709.69 1.20%
TSLA $215.09 1.70%
YHOO $37.21 0.73%


Chart of I:DJI
DOW 17,734.44 +73.73 0.42%
S&P 500 2,055.44 +4.81 0.23%
NASDAQ 4,726.6620 +9.5680 0.20%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs