SOURCE: Vitamin Spice

August 24, 2010 08:00 ET

VitaminSpice 3rd Quarter Financials to Be Filed Within the Next Few Days -- Transition of Corporate Counsel Caused Delay

WAYNE, PA--(Marketwire - August 24, 2010) -  VitaminSpice (OTCBB: VTMS) (German WKN: A0YE4L) (www.vitaminspice.net) terminated its relationship with prior corporate and securities counsel at the end of June into early July 2010. New counsel began the transition of getting acclimated with VitaminSpice in July 2010.

The delay in delivering corporate documents to the new corporate and securities counsel created a delay in getting all the financial statements and accompanying notes for the third quarter finished in time for today's filing. The financial statement is nearly complete and is expected to be filed in the next few business days to bring VitaminSpice back to a status of being current with all filings. VitaminSpice expects to be current in the future and there is no reason to expect any future late filings.

"We unfortunately were unable to have this filing in on time due to the change in corporate counsel for the Company. However, we are striving to improve all aspects of our business as we grow we will implement better controls of all of our filings moving forward," stated Edward Bukstel, C.E.O. of the Company.

About VitaminSpice

VitaminSpice is uniquely positioned between the $100 billion health food/vitamin supplement industry and the multi-trillion-dollar traditional food industry. A pioneer in the emerging FoodCeutical Industry, VitaminSpice sells vitamin-, mineral- and antioxidant-infused spices and food products. Their offerings include Crushed Red Pepper, Ground Black Pepper, Italian Seasoning, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps vitamin properties locked inside, even when heated, allowing the seasonings, condiments, and food products to retain their full flavor.

VitaminSpice Safe Harbor

This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.

Contact Information

  • Contact
    VitaminSpice
    Edward Bukstel
    ph. 484.367.7401
    ebukstel@vitaminspice.net

    VitaminSpice Investor Relations
    Integrated Capital Partners, Inc.
    Ph: 908-204-0004