Post by
ragnarok on Nov 29, 2010 5:58am
MSLP and IVitals
MusclePharm(R) Corporation announced a fulfillment agreement with IVitals that is expected to improve cash flow, reduce backorders, improve turnaround time on all orders and allow management to focus its time and resources on the marketing and selling of MusclePharm's growing portfolio of products.
Comment by
ragnarok on Nov 29, 2010 6:01am
The Company expects to achieve over $4 million in sales for the full year of 2010, which is over 300% growth.
Comment by
ragnarok on Nov 29, 2010 6:02am
The rapid growth and strong customer demand for the MusclePharm products has created back orders for 5 of the 12 months in 2010. The new fulfillment agreement is expect to greatly improve the back orders for the remainder of 2010 and reduce the insufficient levels of stock needed to complete all orders.
Comment by
ragnarok on Nov 29, 2010 6:05am
This fulfillment agreement will reduce the cost and delivery time for all product shipments many retail and online customers.
Comment by
ragnarok on Nov 29, 2010 6:08am
Also this fulfillment agreement will greatly improve operating platform and rectify current back order situation.