From: Barry Josephson a
Sent: Tuesday, October 30, 2012 4:14 PM
To: jeevacation@gmail.com*
Subject: Fw: News
Is this kind of investment of interest?
From: Michael Salaman
To: Barry Josephson
Sent: Tue Oct 30 09:08:02 2012
Subject: Re: News
Barry
We ve been short on inventory which we have now solved with our manufacturer so we will be back on shelf by next
week.
Challenge for the company is to fund itself to positive cash flow which is going to require $1.5- $2.0.
The funding with Apfelbaum's group fell through and we are not moving forward with them
The reason being that Bill and the managing director of their investment group did not see the business the same way
and the overall group decided to pull out.
There is more to the story but we have moved on and are seeking alternatives now.
Our pH water was produced for the first time yesterday and we will begin shipping to the chains next week.
Margins are 50% on this item and interest has been strong so far.
New package for Skinny Water is going to require some capital that we are working on.
I II try you today .
Michael
Great. By the way they took all Skinny product out of Gelsons
EFTA_R1_00072684
EFTA01764975
Best,
Barry.'
Sent from my iPad
On Oct 27, 2012, at 10:17 AM,
wrote:
Barry
Alot going on
III reach out this week
Looking forward to catching up
Michael
Any?
Best,
Barry
Message & typos sent from my iPhone
MICHAEL SALAMAN
CEO / Chairman
Skinny Nutritional Corp.
Skinny Water • great taste. zero guilt.TM
<sw ph sell sheet.pdf>
<Zumba Fitness Partnership Capabilities.pdf>
2
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EFTA01764976
<SKNY Marketing 10-2012.pdf>
MICHAEL SALAMAN
CEO/ Chairman
Skinny Nutritional Corp.
Skinny Water - great taste. zero guilt.'"
EFTA_R1_00072686
EFTA01764977