Kelseyville, CA. , May 29, 2018 (GLOBE NEWSWIRE) -- Vet Online Supply, Inc. (OTC PINK:VTNL) (“Vet Online Supply” or the “Company”), the rapidly growing CBD Pet product company, today announced the issuance of a shareholder update letter from its Executive Chairman and Executive Officer, Daniel Rushford.
Dear Fellow Shareholder,
Vet Online Supply continues to be hard at work, globally. We have had a fast start to 2018 with excellent results in the first and second quarters through the collective group initiatives of Matthew Scott and his key sales executives and sales support; Samuel Berry and his key operations, technical support and service delivery; William Heseltine and his key legal counsel and oversight development; Ben Borgers and K. Thomas and their accounting and finance; and, as always, Daniel Rushford and his indomitable leadership, especially in the sales arena, to make things happen;
We are pleased to report that our executive team, with its key leadership management team, is continuing to produce results. We have a very big and bright 2018 planned. So far this year, in the first 2 quarters our company has signed $9 million of new contracts, spanning the CBD industry on the west coast from Los Angeles to Seattle, with near future contracts for national distribution projected at $75M. I am extremely proud of our accomplishments as we have accelerated the growth this year. We expect the pace to accelerate during the year and our reported results will reflect the hard work that has gone into the continued growth of our company.
Vet Online Supply is executing improved capital market initiatives in 2018. We are embarking on multi-city road-shows throughout the year in the United States. We have just completed our first launch of our CBD brand of pet products for dispensaries throughout the west coast with excellent participation and reception of the brand and its story. A major focus for Vet Online Supply in 2018 is to target high quality long-term focused institutional shareholders and high quality research coverage. We stand behind the efficacy of our brand products and the value they add to the pet market worldwide.
We are proud of our growth and potential with substantial inventory, manufacturing and product support to operate and grow our business. We are putting these dollars to work throughout 2018 (and beyond) in a manner that we believe will yield the maximum shareholder value for profitable sales growth, and product and services development.
ABOUT VET ONLINE SUPPLY:
Vet Online Supply Inc. The company manufactures its own brand of holistic pet products to promote health and well being. The goal of "Vet Online Supply" is to provide the $38B industry with value priced and superior quality holistic pet products.
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The Company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.