MISSISSAUGA, Ontario, Feb. 4, 2008 (PRIME NEWSWIRE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Planet Nutrition, Inc. (Pink Sheets:PNHL).
Planet Nutrition, Inc. has been in business since 1999 as a retailer of nutritional products and programs in the diet and nutrition industry. By offering a superior product line, employing innovative marketing techniques and developing strategic partnerships with manufacturers and distributors, the company maintains an uncompromising commitment to quality while ensuring the best value to their customers.
Planet Nutrition has recently entered into an agreement with Peak Fitness Center, which operates fitness centers at 37 locations in North and South Carolina, to sell its products at stores within these centers. Through this venture, the Company expects to be generating approximately $10 million in annualized revenue by 2009, assuming stores in 40 Peak Fitness centers and generate 30-35% gross margins on in-store sales. The global nutrition industry has grown exponentially over the last few years to reach $226.1 billion in 2006. This industry consists of various categories of nutrition products such as functional food, dietary supplements (vitamins, minerals, herbs/botanicals, sports nutrition, meal replacement and specialty), natural/organic food, and personal care and household products. The U.S. market for weight loss programs is expected to grow 6% annually to reach $58.7 billion in 2007 and $68.7 billion by 2010.
A complete PNHL profile can be viewed at: http://www.allpennystocks.com/aps_us/company_spotlights/archives/pnhl.asp
About AllPennyStocks.com Media Inc.:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTCBB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Planet Nutrition, Inc. (Pink Sheets:PNHL). The amount is five thousand dollars by a non-affiliated third-party, ShazamStocks, Inc. for its efforts in presenting the PNHL profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/aps_us/company_spotlights/archives/pnhl.asp.