Vitamin Blue Inc (PK:VTMB)
Business Focus: Recreational Products
| Sector: Consumer Cyclicals | Industry: Recreational Products |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1005 W 18th St COSTA MESA CA 92627 |
| Tel: | N/A |
| Website: | https://www.vitaminblue.com |
| IR: | See website |
| Key People | ||
| Frank D. Ornelas President, Chief Executive Officer, Treasurer, Director | Veronica C. Ornelas Vice President, Secretary | |
| Business Overview |
| Vitamin Blue, Inc. is a waterboard sports company. The Company designs, manufactures and distributes water board sportswear (boardshorts and t-shirts) and water board sports accessories (board bags, paddle bags and rack pads). It specializes in Boardshorts, Surfboard Bags, SUP Bags, Prone Board Bags, Windsurf Bags and Roof Rack Pads. It offers stock board bag sizes for longboard bags, fish surfboard bags and SUP bags. Its product line is available in surf and SUP shops and shapers. It manufactures its water board sports wear and accessories in-house. In addition, the Company manufactures water board sports accessories for BARK BOARDS, Inc., Hobie, Icons of Surf, Infinity Surfboards, King's Paddle Sports, QuickBlade, Inc. and others. The Company manufactures all of its products at its facility in Costa Mesa, California. |
| Financial Overview |
| For the nine months ended 30 September 2013, Vitamin Blue Inc revenues increased 17% to $116K. Net loss increased from $183K to $1.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Gain (loss) on change in derivative liab increase from $28K to $297K (expense), Interest expense increase from $69K to $242K (expense). |
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