Vital Products, Inc. sales rise 17% while operating expenses decline 35%
Financials from previous quarter for VTPI show improvements
Jun 10, 2013, 04:01 ET
LAGUNA WOODS, Calif., June 10, 2013 /PRNewswire/ -- Vital Products, Inc. (OTC Bulletin Board: VTPI), a business to business supplier of printer cartridges has increased sales more than 17% while reducing operating expenses over 35% in the same period! The three months ended April 30 2013 compared to the previous quarter ended January 31, 2013 show these great improvement for the business plan in action.
"Our sales go up, while our expenses go down!" commented James McKinney, CEO of Vital Products. McKinney added, "along with those great results, our 10Q that is due to be released this week will also show we turned a Net Operating loss last quarter into a Net Operating profit this quarter!"
About Vital Products, Inc.
Vital Products, Inc. is a business to business supplier of remanufactured and compatible LaserJet and inkjet cartridges.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the securities and exchange commission including those on the company's annual report on form 10-KSB. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.
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SOURCE Vital Products, Inc.
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