Shares of Vital Products (OTC:VTPI) jumped more than 100 percent this morning after announcing some pretty robust sales projections. In early trading, Vital Products were up 7 cents at $0.16 per share on volume of more than 2.5 million shares compared to its average daily volume of only 25,000 shares. The day high for Vital Products is 19 cents which blows away its previous 52-week high of 9 cents per share.
Vital Products, a multichannel innovator in the industrial packaging sector, announced in a press release today that they expect sales to exceed $600,000.
"We are delighted with the sales growth from our products, as we continue we expect to break $1 million in sales next year and expand our market reach," said Michael Levine, CEO of Vital Products Inc.
Levine continued, "The PACK EXPO last week was a great success we met with several major industry players and expect great things for the company this year."
Vital Products, Inc. is a distributor of industrial packaging products. The company plans to identify and invest in emerging market segments in the industrial packaging sector as well as research and develop products it can patent and license in the environmentally sustainable packaging markets.
For more information visit our website at www.vitalproductsinc.com
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