After being in business several years Vitamin Blue, Inc. has went public under the ticker VTMB. Vitamin Blue, Inc was incorporated in Delaware on May 25, 1999, under the name Under The Influence, Inc. and commenced business shortly thereafter in June 1999. They changed their name to Vitamin Blue, Inc. by amendment to the Certificate of Incorporation, effective on May 3, 2007.
(Ticker: VTMB) Vitamin Blue, Inc. designs, manufactures, and distributes surf wear, such as board shorts, t-shirts and fleece jackets, and surfing accessories, such as surf boards bags, roof rack pad and surf backpacks. Their goal is to become a board sport brand of long-term excellence by our commitment to producing innovative products of quality and athletic performance and continuing to develop a good reputation with its retailers to deliver on time. They believe they are a source for unique, functional and diverse surf products.
In pursuing a strategy of building and maintaining a strong foundation at the core surf market level, we have begun the important first step by distributing product to surfboard manufacturers and surf shops, which they in turn resell to retail customers. We intend to leverage this foundation by expanding product offerings and increasing brand penetration into the mainstream. We plan to extend our product distribution into specialty stores and department stores. In order to maintain long-term brand awareness, we will strive to support the core of the sport through sponsorship of athletes, competitions and other grassroots activities.
By using several part-time employees, each working approximately fifteen (15) hours per week, we manufacturer most of our surfing accessories and nearly all of our surfwear in-house. Only the manufacturing of surfboard bags and the sewing of board shorts (surf trunks) are outsourced.
Their principal executive offices are located at 1005 West 18th Street, Costa Mesa, CA 92627 and their telephone number is (949) 645-4592.
As stated in their prior press releases the can be found on EBAY and on Amazon.
Company Name: Vitamin Blue Inc.
Company Address 1005 WEST 18TH STREET,COSTA MESA, CA 92627
Company Phone 949-645-4591
Company Website vitaminblue.com
CEO Frank D. Ornelas
State of Inc DE
Fiscal Year End 12/31
More information on Vitamin Blue Inc.
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So is the bottom in? Seems that way considering the price action of last week. Volume seems to be picking up and that is showing interest. At .015 cent for a new company on the block it could bounce fairly hard with this new interest. stockcharts.com/h-sc/ui I am in at .05 which is the next resistance level but I am holding out for at least .10 where I think if VTMB breaks that we could possibly see much higher.
Disclosure: I am long OTCPK:VTMB.