Dynamic Health Shopping SpreeDynamic Health Shopping Spree
March 28, 2005
Dynamic Health Shopping Spree
Consolidationcontinues for Dynamic Health Products (OTCBB:DYHP), as the company agreed to itsthird acquisition in six months, picking up Dynamic Marketing, the secondlargest distributor of sports performance drinks in the United States for about$3 million in cash and stock.The company expects the new deal to close by March31.
The agreement comes on the heels of the companys thirdquarter report, which featured a huge revenues increase due to the consolidationwith recently acquired Bob OLeary, a health food distributor. Net sales of$6.9 million towered over $0.51 million sold in the same quarter last year andhelped to bring earnings to $0.06 million or $0.00 per share from a $.16 millionor $0.01 per share net loss posted a year ago.
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