VANCOUVER, Sept. 28, 2012 /CNW/ - The financial results of the Company for the three months ended July 31, 2012 show a net loss of $46,464 or $0.00 per share compared to a net loss of $54,081 or $0.01 per share for the same period last year. The Company's general and administrative expenses for the three months ended July 31, 2012 decreased to $46,616 (2011 - $54,081) due, in part, to the Company managing its working capital by reducing cash flows used in its operating activities.
The Company is primarily focused on investigating opportunities to market and license its 89 Natural Health Products (NHPs) with Natural Health Product Numbers (NPNs) issued by Health Canada.
The Company's condensed interim financial statements and management's discussion and analysis for the six months ended July 31, 2012 and 2011 are available on the SEDAR website at www.sedar.com.
On behalf of the Board of
VITALITY PRODUCTS INC.
"W. Douglas Grant" (signed)
W. Douglas Grant, President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Vitality Products Inc.
For further information:
W. Douglas Grant, President & CEO at (604) 683-6611 or [email protected]