Whether it’s Olympic fever or just nothing better to do, traders had Active X™ energy for the penny stock of Active Health Foods Inc. (AHFD) on Friday. Having its best trading session ever in both volume and gains, AHFD stock price jumped to as high as 0.0065 with $239,175 dollar volume, more than 11 times the revenues the company has booked since it began in January, 2008. While today’s news of 25,000 Active X™ Energy Bars being shipped to General Nutrition Centers, GNC, for an authorized 804 store test, this could easily be dwarfed if they pull of the Manos Beverages acquisition.
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AHFD Stock Chart
Close: 0.0055, up 48.65%
Previous Close: 0.0037
Average Trade Size: 144,372
Financially, Active Health Foods Inc. is about where you would expect for a new company with revenues for the three months ended March 31, 2012, coming in at $4,173. Gross profit was $380 for the period with G&A expenses not being “out of control” as we normally see; $3,638. Net loss for the three month period ended March 31, 2012 wasn’t all that bad either weighing in at $22,891. The agreement with GNC could be a big boost for the makers of the 100% organic certified, 100% natural, kosher and vegan certified energy bars.
However, the May 7th announcement that the Company’s Board of Directors approved resolutions to seek consent from a majority of its shareholders to acquire Manos Beverages, Inc. can be considered nothing more than a pre-pump fluff. The rationale behind why an incredibly small start-up company with just 13 shareholders of record as of March 21, 2012 could only be to say:
Buy AHFD stock cause we’re likely to announce that we acquired a privately held beverage wholesaler located in Riverside, California that has extensive years of experience in the Food and Beverage industry and produces a beverage product called “All Natural Flavors” specifically created with the focus on Health and Wellness that had sales of approximately $25 million since its inception.
About AHFD Stock
Active Health Foods, Inc. is a California corporation with a principal business objective of providing competitively priced, premium quality, organic energy bars. Active Health Foods, Inc. has developed the brand name “Active X™” for its energy bars. Made from a proprietary formula developed by and exclusive to Active Health Foods, Active X™ energy bars contain only natural and organic ingredients and comes in four flavors:
► Almond Chocolate Delight
► Peanut Butter Chocolate Joy
► Cashew Berry Dream
► Coconut Cocoa Passion
As of March 31, 2012, there were 447,350,000 shares of common stock, par value $0.001 per share, outstanding and no shares of preferred stock outstanding.
► April 6, 2011: issued 6,900,000 shares at $0.001 per share for $6,900.
► April 7, 2011: issued 2,000,000 shares at $0.001 per share for $2,000.
► April 8, 2011: issued 16,350,000 shares at $0.001 per share for $16,350.
► July 1, 2011: issued 50,100,000 shares for services at $0.001 per share for $50,000.
► August 15, 2011: cancelled 10,000,000 shares.
► September 7, 2011: issued 200,000 shares for services at $0.001 per share for $200.
► October 1, 2011: cancelled 50,100,000 shares.
► October 12, 2011: issued 25,000,000 shares of preferred stock upon conversion of 1,490,000,000 shares of common stock.
► January 3, 2012: cancelled 350,000,000 shares.
► February 21, 2012: received $13,000 in cash pursuant to a subscription payable to an unrelated third party investor.
► February 25, 2012: cancelled 3,000,000 shares.
Bottom Line: AHFD, with just $195 in cash as of March 31, was kind enough for them to issue PR to inform penny stock traders today of the GNC order that took place two weeks ago. Why? So that AHFD could rank as the 12th most actively traded stock on the OTC markets, one spot under Eastman Kodak (EKDKQ), four spots ahead of American Airlines (AAMRQ) and six spots ahead of Great Wall Bulders (GWBU). Now that you noticed them, the probable acquisition will be huge for all those 0.001 shareholders.
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