Navigation Links
Dynamic Files Articles of Merger; Notifies Nasdaq of Merger with GeoPharma
Date:10/15/2007

Obligations to Laurus Fully Repaid

LARGO, Fla., Oct. 15 /PRNewswire-FirstCall/ -- Dynamic Health Products, Inc. (OTC Bulletin Board: DYHP.OB) ("Dynamic"), a leading distributor in the sports nutrition product and performance drink industries, announced today that it filed its Articles of Merger with the Florida Secretary of State today as well as notified Nasdaq of its merger with GeoPharma, Inc. (Nasdaq: GORX) ("GeoPharma"), effective Tuesday, October 16, 2007.

Additionally, Dynamic has repaid Laurus Master Fund, Ltd. ("Laurus") approximately $5.9 million in full satisfaction of all obligations to Laurus.

Mandeep K. Taneja, President and CEO of Dynamic stated, "It was a pleasure working with Laurus over the last few years. Their support gave us the flexibility, room, and capital required to help increase our revenue from approximately $16 million in our fiscal year ending in March of 2005 to approximately $56.8 million in our fiscal year ending in March of 2007."

Recently, Dynamic was honored to be ranked number 9 in Entrepreneur magazine's (August 2007 issue) HOT 500 list depicting America's top fast- growth businesses and the entrepreneurs who built them.

About Dynamic Health Products, Inc.

DYHP is a distributor in the sports nutrition product and performance drink industries and is engaged in developing, wholesaling, and distributing a wide variety of non-prescription drugs, dietary supplements, vitamins, health foods, nutritional products, soft goods and other related products. Their wholly-owned operating subsidiaries include Bob O'Leary Health Food Distributor Co., Inc., Dynamic Marketing I, Inc. and Herbal Health Products, Inc. Additional information on them can be found at http://www.dyhp.biz http://www.bossonline.net http://www.dymark.com http://www.wallstreetresources.net/dynamic.asp

About GeoPharma, Inc.

GeoPharma, Inc. is a rapidly growing pharmaceutical company specializing in the manufacturing and distribution of over-the-counter, nutritional, generic drug and functional food products. GeoPharma manufactures, packages and distributes private label dietary supplements, over-the-counter and generic drugs, as well as, health and beauty products for companies worldwide. This is accomplished by utilizing our four Florida-incorporated companies, Innovative Health Products, Inc., Libi Labs, Belcher Pharmaceuticals, Inc. and Breakthrough Engineered Nutrition, Inc. Innovative Health Products and Libi Labs specialize in the development and manufacturing of a broad range of nutritional supplements and cosmeceuticals. As a private-label contract manufacturer, we develop and manufacture for ourselves, and our customers, dietary supplements and health and beauty care products for distribution through various outlets. Belcher Pharmaceuticals, Inc is a state-of-the-art FDA-registered, drug development and manufacturing facility for generic and over-the-counter drugs. Our fourth Florida Corporation, Breakthrough Engineered Nutrition, Inc., develops markets and distributes its own branded dietary supplements. DEX-L10, DEX-C20, OxyFirm and Cortiloss are Breakthrough's current dietary supplement brands. Breakthrough's products are distributed nationwide and internationally in specialty, food, drug and mass outlets, including Target, Wal-Mart, GNC, Walgreens, CVS, Rite Aid, Duane Reade and many others. We also have an established network of brokers and distributors strategically located across the United States and Canada. GeoPharma's growth strategy is to capitalize on its manufacturing expertise to develop high margin generic or novel drugs for niche markets with high barriers to entry. GeoPharma's competitive advantage lies in its ability to circumvent or overcome the challenges in these markets. For more about GeoPharma, Inc., go to our websites at http://www.geopharmainc.com, http://www.hoodiadexL10.com, and http://www.onlineihp.com

Safe Harbor

Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release may contain certain forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements are presented based on current information available to management and in consideration of assumptions concerning information available to management regarding future events. Forward-looking statements are subject to risks and uncertainties that could cause future events or results to differ materially from such statements. Dynamic Health Products, Inc. disclaims any intent or obligation to update or revise any forward-looking statements and presents information herein solely for the intent of delivering general information regarding the company.

Contact:

Mandeep Taneja

President & CEO

Dynamic Health Products, Inc.

Largo, FL 33773

727-683-0670

http://www.dyhp.biz

http://www.bossonline.net

http://www.dymark.com


'/>"/>
SOURCE Dynamic Health Products, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. ESRC offers new dynamics for old in UK
2. Infections Of The Oral Cavity Can Be Treated By Photodynamic Therapy
3. "Dynamic Energy Landscape" of enzyme in Catalysis
4. Predicting the Dynamics of Clotting in Human Blood
5. Photodynamic Therapy can Scramble the Immune System to Fight Cancer Spread
6. Dynamic Sonography Accurate in Diagnosing Muscle Tears
7. Novartis files application with FDA for Zometa
8. AAI Pharma Files Lawsuit Against Dr. Reddys Laboratories
9. Unfavourable Lipid-Lipoprotein profiles in older adults has been linked to abdominal visceral fat
10. Understanding Gene Profiles Could Help Cure A Resistant Form Of Leukemia In Kids
11. Personality profiles of gamblers and substance abusers are similar
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/13/2016)... Canada (PRWEB) , ... February 13, 2016 , ... In ... foot forward. They’ll groom themselves to perfection, go out of their way to be ... date – just take a look at any online dating profile. , A ...
(Date:2/12/2016)... DC (PRWEB) , ... February ... ... Siemens Foundation today announced a new initiative—the Siemens Foundation-PATH Ingenuity Fellowships—to develop ... The partnership will recruit top students from U.S. universities who will draw ...
(Date:2/12/2016)... ... , ... As a former television executive, owner Tal Rabinowitz knows how stressful ... decompress, Rabinowitz found herself drawn to a casual meditation class while working at NBC ... implementing a 20-minute-per-day meditation practice with her team. After her tenure at NBC, she ...
(Date:2/12/2016)... , ... February 12, 2016 , ... Every winter, someone ... This winter the West Penn Burn Center, part of the Allegheny Health ... to bring you the “Space Heaters Need Space” campaign. , “Space ...
(Date:2/12/2016)... ... , ... Erlanger Agency has announced a new partnership in its ongoing community ... on the fight against breast cancer, fundraising for a local woman named Carmen, who ... Carmen is a loving single mother of two boys who also serves as caregiver ...
Breaking Medicine News(10 mins):
(Date:2/12/2016)... , Ungarn, February 12, 2016 ... das sich auf den ungedeckten medizinischen Bedarf ... positive Ergebnisse seines klinischen Forschungsprogramms bekannt. Das ... beschäftigt, ergab Verbesserungen ihrer respiratorischen Funktionen und ... ltd , ein Medizintechnikunternehmen, das sich auf ...
(Date:2/11/2016)... , Feb. 11, 2016 ... Diagnostics in Personalized Medicine and Cancer Therapy. - ... High-Growth Diagnostic Testing Markets. - Key Diagnostic Testing ... - Molecular Diagnostics in Genetic Testing. - Molecular ... Markets. - Over-the-Counter Diagnostic Products World Markets. ...
(Date:2/11/2016)... Stem cells are primitive cells found in ... the capacity to differentiate into mature cell types Stem ... first mouse embryonic stem cells were derived from embryos ... the first culturing of embryonic stem cells from non-human ... until 2006 As a result of these discoveries, stem ...
Breaking Medicine Technology: