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PROMINO NTRITIONL SCIENCE - MUSLF STOCK NEWS

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Promino Nutritional Sciences Inc. (symbol: MUSLF) is a Canadian nutraceutical company focused on developing patented and science-based products for the global consumer packaged goods market. Their lead product is Rejuvenate™, a clinically proven formulation that aids in building, rebuilding, restoration, and rejuvenation of natural muscle mass. Recently, the company has achieved significant milestones including product launches and partnerships. They are committed to disrupting the functional beverage category with innovative products that are NSF Certified for Sport.

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Promino Nutritional Sciences Inc. (CSE: MUSL) (OTC: MUSLF) has announced that its Promino™ and Rejuvenate Muscle Activator™ products are now available on vitacost.com, a major U.S. online retailer owned by The Kroger Co. Vitacost, with revenue of over US$38 million in June 2024, is one of the world's largest online sellers of health and wellness products.

Both Promino™ and Rejuvenate Muscle Activator™ are NSF-Certified for Sport®, guaranteeing they are banned-substance free and safe for use by collegiate and professional athletes. This certification is highlighted by Vitacost, potentially increasing the products' appeal to athletes and health-conscious consumers.

Janice Day, Promino's Chief Sales Officer, stated that Vitacost is a cornerstone of their e-commerce rollout plan, following the launch on their own website last month.

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Promino Nutritional Sciences has issued a corporate update, highlighting significant milestones achieved over the past nine months. Key developments include a substantial reduction in debt from nearly $6 million to $1.8 million and the successful re-establishment of a important intellectual property license. The company has also raised $2.2 million in equity financing and announced the proposed acquisition of $3 million in cash and equivalents from Helios Helium Corp.

Promino has launched pre-clinical studies to evaluate the efficacy of its products in cancer treatment and muscle retention for patients on GLP-1 drugs like Ozempic. The company has expanded its e-commerce presence through platforms like Amazon, eBay, and Walmart.com, and formed partnerships with several high-profile athletes to enhance brand visibility.

Notable additions to the Promino Athlete roster include NHL legend Kirk Mclean, NHL champion Jack Eichel, and MLB legend Jose Bautista. Promino is also the official protein drink of Las Vegas Lights FC. These strategic moves aim to bolster direct-to-consumer efforts and expand market reach.

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Promino Nutritional Sciences Inc. announced the commencement of preclinical studies with Dr. Patrick Gunning to assess the efficacy of their patented amino acid formula in mitigating muscle loss in cancer patients. The study aims to address the prevalent issue of muscle loss among cancer patients and explore personalized nutraceutical supplements for specific diseases.

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Promino Nutritional Sciences Inc. welcomes José Bautista, a six-time MLB All-Star, as a brand ambassador for its patented protein beverages. Bautista, known for iconic baseball moments, will promote Promino's products as part of the company's athlete-focused strategy. Promino also secures corporate advisors for strategic growth initiatives.

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FAQ

What is the current stock price of PROMINO NTRITIONL SCIENCE (MUSLF)?

The current stock price of PROMINO NTRITIONL SCIENCE (MUSLF) is $0.0367 as of October 15, 2024.

What is the market cap of PROMINO NTRITIONL SCIENCE (MUSLF)?

The market cap of PROMINO NTRITIONL SCIENCE (MUSLF) is approximately 1.9M.

What is Promino Nutritional Sciences Inc. known for?

Promino is known for developing patented and science-based products for the global consumer packaged goods market, specializing in muscle health.

What is Rejuvenate™ and how does it work?

Rejuvenate™ is a drink mix for athletes, weekend warriors, and active individuals that has shown to be two times more effective than whey protein at building muscle. It helps in building, rebuilding, restoration, and rejuvenation of natural muscle mass.

What certifications do Promino's products hold?

Promino's products are NSF Certified for Sport, ensuring they are free of banned substances and approved for use by all major sports leagues.

Who are some of the brand ambassadors associated with Promino?

Promino's brand ambassadors include NHL player Jack Eichel, MLB and Toronto Blue Jays legend Jose Bautista, and NHL legend Kirk McLean.

What recent achievements has Promino made?

Promino has recently achieved significant milestones, including product launches and partnerships, positioning themselves to disrupt the functional beverage category.

What is the core focus of Promino Nutritional Sciences Inc.?

The core focus of Promino is on developing patented and science-based products specifically focused on muscle health for the global consumer packaged goods market.

What is the significance of NSF Certified for Sport products?

NSF Certified for Sport products by Promino are free of banned substances and approved for use by all major sports leagues, ensuring quality and safety.

How does Promino's Patented Plant-Based Blend stand out in the market?

Promino's Patented Plant-Based Blend is the highest-ranking source of protein quality on the DIAAS score, making it superior to conventional whey or plant proteins.

Who is Vito Sanzone and what role does he play at Promino?

Vito Sanzone is the CEO of Promino Nutritional Sciences and has been instrumental in revitalizing the company's product offerings and recapitalizing the business.

What is the mission of Promino Nutritional Sciences Inc.?

The mission of Promino is to develop innovative and research-driven nutraceutical products that enhance muscle health and performance globally, with a focus on disrupting the functional beverage market.

PROMINO NTRITIONL SCIENCE

OTC:MUSLF

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MUSLF Stock Data

1.85M
72.20M
1.12%
Packaged Foods
Consumer Defensive
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United States of America
Burlington