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news.HealthSport, a provider of branded and private label edible film strip nutritional supplements and over-the-counter drugs, has signed an exclusive reseller agreement with T Lynn Mitchell Companies in Tulsa, Oklahoma to develop and manufacture four initial products through their network marketing business.
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It is anticipated that the four products will launch in January 2009, and T Lynn Mitchell Companies (TLMC), with the execution of this agreement, placed an initial order for 30,000 cassettes to be delivered for consumer sampling by November 7, 2008.
Two of the four products have been formulated and tested with initial manufacturing runs to begin within the next seven days. Pursuant to an agreement with TLMC, the nature of the products will be announced at a later date by TLMC.
Hank Durschlag, CEO of HealthSport, said: “This marks our second major agreement, along with Unico, that furthers our business strategy of focusing on developing new products and performing manufacturing using our proprietary technology for the nutraceutical delivery on a thin film strip. Based upon TLMC’s projected product delivery dates, along with the current customers projected product reorders, the company can become cash flow positive beginning in March 2009.”