Pro-Pointer, Inc. Update: Company Continues Negotiations With International Pharmaceutical Distributors
August 16 2010 - 8:00AM
Marketwired
Pro Pointer, Inc. (PINKSHEETS: PPII), through its wholly owned
subsidiary, Coenzyme-A Technologies, Inc., is pleased to announce
it is continuing the distribution negotiations with ERC Saglik
Urunleri, a Mediterranean Company, and also Global Pharmaceuticals,
a Middle Eastern and North African Company. Both of these companies
are leading international wholesale pharmaceutical distributors for
medical-optical devices, pharmaceutical equipment and nutraceutical
products and have large customer bases in the Mediterranean region,
North Africa and the Middle East territories. ERC Saglik Urunleri
is currently serving many of the over 1,100 hospitals, 18,000
independent pharmacies and approximately 22,000 independent medical
practices in their respective territories.
Verbal negotiations have indicated that an Opening Order by ERC
Saglik Urunleri alone is estimated to be at 500,000 individual
units of the "Pure Coenzyme-A" nutraceutical
product development. This translates to approx. over $15,000,000.00
in sales alone from this pending business transaction. These two
pending agreements could possibly bring the company's annual
earnings from approx. $500,000.00 in 2009 to well over the
$30,000,000.00 million mark during the course of 2010.
ABOUT COENZYME-A TECHNOLOGIES, INC. -
Coenzyme-A Technologies, Inc. is an innovative company that
has applied new technology to the formulation and manufacture of a
series of proprietary products which address nutritional
deficiencies that result from the stress of modern day living,
chemical imbalances within the body, and the deleterious effects of
aging. Coenzyme-A is the first nutraceutical product to combine
nutritional components that can be successfully used by the body to
support its manufacture and utilization of cellular Coenzyme-A (The
Master Coenzyme). Coenzyme-A contains a specific set of substrates
that are designed to assist the body in converting fats,
carbohydrates and proteins into energy at the cellular level.
See Company website --
www.coenzyme-a.com.
FORWARD-LOOKING STATEMENTS The information
contained in this news release, other than historical information,
consists of forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the Exchange
Act. These statements may involve risks and uncertainties that
could cause actual results to differ materially from those
described in such statements. Such forward-looking statements
involve known and unknown risks and uncertainties, including all
business uncertainties relating to product development, marketing,
market acceptance, future capital requirements, competition in
general and other factors that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. The Company is under no obligation
to (and expressly disclaims any such obligation to) update or alter
its forward-looking statements whether as a result of new
information, future events or otherwise.
Contact Information: Pro-Pointer, Inc. 458 Coral Sea St.
Henderson, Nv. 89074 Ph-702-458-4111 Cell-702-591-7440
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