TULSA, Okla., Dec. 22, 2006 (PRIME NEWSWIRE) -- HealthSport, Inc. (OTCBB:HSPO) announced today that it has received, since October 15, 2006, $1,000,000 in equity from the sale of its common stock at $1.00/share. The receipt of the $1,000,000 was part of a $1,500,000 private placement offering the Company was trying to complete prior to December 31, 2006.
Ross Silvey, President, stated, "The receipt of $1,000,000 has allowed the Company to expedite the launch of its first product, Enlyten Sports Strips for the beginning of the 2007 year."
If you would like to receive e-mail announcements about HSPO, please sign up at the following website: www.Directstocknews.com/HSPO.
About HealthSport, Inc.
HealthSport, Inc. is a company focused on providing better health through natural products. Its flagship product is an electrolyte replacement strip for people who exercise and compete in athletic competitions.
Safe Harbor Statement
Certain statement included in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions are generally considered forward-looking statements. These statements reflect our current expectations.
The Market News First logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=3162