Trimfast
This article was originally published in The Tan Sheet
Executive Summary
To acquire Protech Manufacturing and Packaging for $400,000 and 50,000 shares of Trimfast stock, the company announces Feb. 17. Tampa, Fla.-based Trimfast markets supplement products including TrimFast Herbal Plus, Immune Blast, Max Imact, Sudden Energy, Ginseng Zing, HumaTropin AM, HumaTropin PM and MyoBlast as well as Kicks childrens multivitamin. Protech manufactures dietary supplement and food products. Under the terms of the proposed deal, Protech will be a subsidiary of TrimFast, manufacturing products sold by the TrimFast Inc. and Body Life Sciences Inc. subsidiaries, "as well as manufacturing other products for its own accounts." Trimfast is one of several firms that voluntarily recalled their GBL products in response to a request by FDA ("The Tan Sheet" Feb. 1, p. 3)