Bionic's stock price has been pressured down over the past few months. In the last week we have seen it moving up, regaining some of it's composure. The company released a shareholder update on Monday, 26th, detailing various things they have been working on and accomplished.
Bionic Products has completed the artwork for the world's largest can manufacturer. The templates and lay flats for Bionic-Tonic's production have been approved so production, based upon financing, can start before the year-end, after the Holidays. A new website is currently under construction and slated for release in support of Bionic-Tonic and Lady Pink shortly after these production runs have commenced.
The proprietary vitamin/energy formula from CFC has been shipped and is awaiting the go ahead for full Scale production upon final approval of the bench tests (shelf-life, etc.)
The energy drink market has been growing at an exponential rate.
Consumers downed 1.9 billion cans of Mateschitz's potion in 2004, generating just about $2 billion in revenue.
Just a fraction of that market alone would make Bionic and LadyPink drinks a household name. A move like that could warrant an uplisting of some sort, one would expect.
The future of the company looks very bright.
$0.006 (11/28/07)
