Facebook Users

Will SKNY go up?

SKNY Skinny Nutritional Corp. featured news, full reports, and detailed charts

Skinny Nutritional Corp. (SKNY/SKNY.OB) Wrap Up:

Skinny Nutritional Corp. develops, markets, and distributes consumer beverage products. It offers a line of bottled waters and dietary supplements under the ‘Skinny’ brand. The company manufactures, markets, and distributes Skinny Water, a dietary supplement beverage designed to assist consumers in their weight loss efforts under a worldwide license agreement with Peace Mountain Natural Beverages Corporation. Its other Skinny beverages include Skinny Water, Diet Water, Skinny Java, Skinny Tea, Skinny Juice, and Skinny Shakes. Skinny Nutritional Corp. has an agreement with InterHealth Nutraceuticals Incorporated to sell, market, distribute, and package Super CitriMax, the active ingredient in...
www.skinnyco.com
15 Employees
Founded in 1984

Skinny Nutritional Corp. (SKNY:OTC Bulletin Board Market)

LAST $0.11 USD
CHANGE TODAY -0.0028 -2.55%
VOLUME 775.3K
As of 3:57 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Skinny Nutritional Corp. (SKNY)

OPEN
$0.11
PREVIOUS CLOSE
$0.11
DAY HIGH
$0.11
DAY LOW
$0.11
52 WEEK HIGH
04/17/09 - $0.17
52 WEEK LOW
02/27/09 - $0.06
MARKET CAP
26.3M
AVERAGE VOLUME 3 mo
530.5K
DILUTED EPS TTM
--
SHARES OUTSTANDING
246.0M
SKNY Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

SKNY Top Compensated Officers

Mr. Ronald D. Wilson
Chief Executive Officer, President, Member of...
Age: 59
Total Annual Compensation: $12.5K
Mr. Donald J. McDonald Jr.
Chief Financial Officer and Director
Age: 57
Total Annual Compensation: $115.8K
Mr. Michael Salaman
Chairman and Consultant
Age: 47
Total Annual Compensation: $127.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Skinny Nutritional Corp. (SKNY)

Skinny Nutritional and Hensley Beverage Co. announced Distribution Agreement

Skinny Nutritional Corp. announced that Skinny Water will now be distributed in the state of Arizona by Hensley Beverage Company. This latest addition strategically places Skinny Water in a market in which weather and tourism serves as a catalyst for brand awareness. Skinny Nutritional Corp. and Hensley Beverage Company are both excited to introduce Skinny Water to the Phoenix market through securing new accounts, and participation in joint promotions through retail outlets. The Skinny Water(R) lineup features six great-tasting flavors, including Acai Grape Blueberry (Hi-Energy), Raspberry Pomegranate (Crave Control), Goji Fruit Punch (Shape), Lemonade Passionfruit (Total-V), Peach Mango Mandarin (XXX-Detox), and Orange Cranberry Tangerine (Wake Up). Every bottle of Skinny Water(R) has calcium, potassium, and EGCG and has zero calories, sugar, sodium, no preservatives, with all natural colors and flavors.

Skinny Nutritional Corp. Announces Skinny Water's Availability in Southern California Through San Diego Beverage Group

Skinny Nutritional Corp. announced that Skinny Water's availability in Southern California will now include San Diego through distributor, San Diego Beverage Group. San Diego Beverage Group will play an integral role in creating opportunities to present Skinny Water to California's market with San Diego's population of 1.3 million. Both Skinny Water and San Diego Beverage Group will focus their efforts on introducing Skinny Water to their current accounts as well as establishing new relationships with outlets including supermarkets, convenience stores, health facilities and spas. The Skinny Water(R) lineup features six great-tasting flavors, including Acai Grape Blueberry (Hi-Energy), Raspberry Pomegranate (Crave Control), Goji Fruit Punch (Shape), Lemonade Passionfruit (Total-V), Peach Mango Mandarin (XXX-Detox), and Orange Cranberry Tangerine (Wake Up). Every bottle of Skinny Water(R) has calcium, potassium, and EGCG and has zero calories, sugar, sodium, no preservatives, with all natural colors and flavors.

Skinny Nutritional Corp. Dismisses Connolly Grady & Cha PC and Engages Marcum LLP as Auditors

On October 27, 2009, Skinny Nutritional Corp. dismissed Connolly Grady & Cha PC as the independent registered public accounting firm and engaged Marcum LLP as its new independent registered public accounting firm for the fiscal year ending December 31, 2009.

otc, otcbb, pinksheet, SKNY, ob Skinny Nutritional Corp.

SKNY Competitors

Company Last Change
eDiets.com Inc $1.43 USD -0.02
The Coca Cola Co $57.48 USD +0.60
Weight Watchers International Inc $27.06 USD +0.16
Atkins WS 565.00 GBX +5.00
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation SKNY Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 5.5x
Price/Book 31.6x
Price/Cash Flow NM Not Meaningful
TEV/Sales 6.1x

SKNY

SKNY transactions

Type
Date
Target
Private Placement
October 23, 2009
--
Private Placement
September 9, 2009
--

More Recent News About Skinny Nutritional Corp.

More news for SKNY

Skinny Water® Quenches the Desert Heat in Arizona

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Skinny Nutritional Corp. (OTCBB:SKNY®*, this latest addition strategically places Skinny Water in a market in which weather and tourism serves as a catalyst for brand awareness. Serving the state of Arizona for 54 years, Hensley Beverage Company is one of the largest beverage distributors in the nation, with thousands of accounts and distribution points. Hensley currently distributes over 250 beverage brands, including Budweiser, Arizona Iced Tea, and Hansen’s Natural Sodas. Hensley Beverage Company is also an active supporter of local charitable organizations, causes, and efforts.Skinny Nutritional Corp. and Hensley Beverage Company are both excited to introduce Skinny Water to the Phoenix market through securing new accounts, and participation in joint promotions through retail outlets.Ron Wilson, President and CEO of Skinny Nutritional Corp. stated, “The state of Arizona is an excellent market for Skinny Water. With a...
Click here to read the whole Article (external link)

Skinny Water® Goes International: Skinny Water Is Now Available in Bermuda

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Skinny Nutritional Corp. (OTCBB: SKNY® and a leader in the zero-calorie enhanced water category, announced today that through the exporting efforts of Global Distribution Group, LLC Skinny Water is now available in all parishes of Bermuda. Global Distribution Group is a full-service product distributor with over 15 years experience, leveraging in-house expertise in all basic industries, and providing customers with a door-to-door solution around the corner or around the globe. In addition to Bermuda, they also export to the Bahamas, Puerto Rico, British Virgin Islands, Brazil, and other Caribbean and South American countries.Don McDonald, CFO for Skinny Nutritional Corp., states, “Global Distribution Group is our first international customer and we’re looking forward to starting an international presence for Skinny Water.”Robert J. Haydak, Jr., CEO of Global Distribution Group, remarked, “Global is focused on expandin...
Click here to read the whole Article (external link)

Skinny Nutritional Corporation Strengthens Distribution Network with the Addition of Davis Beverage Group

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Skinny Nutritional Corp. (OTCBB: SKNY®®®®®®® among others. As a result of this agreement, Skinny Water’s zero-calorie enhanced beverages will be distributed by Davis Beverage Group in a territory extending from Montgomery County, Pa. to State College (Pa.), including Central and Western Pennsylvania, and areas of Northern New Jersey. The addition of Davis Beverage Group accelerates and solidifies Skinny Nutritional Corp.’s expansion effort in these areas.Ron Wilson, President and CEO of Skinny Nutritional Corp., stated, “We are focused on strategic distribution agreements with quality distributors. This agreement will strengthen Skinny Water’s distribution, targeting grocery, convenience, and drug stores, gyms, salons, spas, as well as support Skinny Water’s current retail sales with Acme, Foodtown, Giant, Rednerâ€...
Click here to read the whole Article (external link)

San Diego is Getting in Shape with Skinny Water

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Skinny Nutritional Corp. (OTC BB:SKNY® and a leader in the zero-calorie enhanced water category, announced today that Skinny Water’s availability in Southern California will now include San Diego through distributor, San Diego Beverage Group, a division of Markstein Beverage Company. With its parent company having over 90 years experience in the beverage industry, San Diego Beverage Group recently entered into the “New Age” beverage category, with Skinny Water as its premier beverage. As a well-respected and established distributor, San Diego Beverage Group will play an integral role in creating opportunities to present Skinny Water to California’s second largest market with San Diego’s population of 1.3 million.Both Skinny Water and San Diego Beverage Group will focus their efforts on introducing Skinny Water to their current accounts as well as establishing new relationships with outlets includi...
Click here to read the whole Article (external link)

Skinny Nutritional Corp. Announces Engagement of Marcum LLP

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Skinny Nutritional Corp. (OTCBB:SKNY), today announced the appointment of Marcum LLP, Accountants and Advisors, as its independent registered public accounting firm for the fiscal year ending December 31, 2009. Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation. Ranked 20th among the "Top 100 Firms" by Accounting Today, Marcum offers the resources of more than 800 professionals, including 101 partners, in 12 offices throughout New York, New Jersey, Connecticut, Pennsylvania, Florida and Grand Cayman. The decision to select Marcum LLP was the result of a competitive process involving several accounting firms. This change will take effect immediately.“As a growing company, we are looking to Marcum to help us with the complex reporting requirements of a public company,” says Ron Wilson, President and CEO of Skinny Nutritional Corp. “Marcum’s broad range of expertise and vast resources will be critical to our success.”ABOUT SKINNY NUTRITIONAL CORP.®®, and other Skinny branded beverages. For more information, visit ...
Click here to read the whole Article (external link)

SKINNY NUTRITIONAL CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity

Item 3.02 Unregistered Sales of Equity Securities. Private Offering The Company commenced a private offering in reliance upon the exemption from registration provided by Section 4(2) of the Securities Act of 1933, as amended (the "Securities Act"), and Rule 506 promulgated thereunder (the "Offering") pursuant to which it is offering an aggregate amount of $2,500,000 of shares of Common Stock. The shares of Common Stock are being offered and sold at a purchase price of $0.06 per share. As of October 23, 2009, the Company had accepted subscriptions of $575,000 for an aggregate of 9,583,335 shares of Common Stock. Net proceeds from such sales are approximately $535,000. The Company intends to use the proceeds from the Offering for working capital, repayment of debt and general corporate purposes. The Company agreed to pay commissions to registered broker-dealers that procured investors in the Offering and issue such persons warrants to purchase such number of shares as equals 10% of the total number of shares actually sold in the Offering to investors procured by them. Such warrants shall be exercisable at the per share price of $0.07 for a period of five years from the date of issuance. The securities offered have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. Based on the representations made in the transaction documents, the Company believes that the investors are "accredited investors", as such term is defined in Rule 501(a) promulgated under the Securities Act. This disclosure does not constitute an offer to sell or the solicitation of an offer to buy any the Company's securities, nor will there be any sale of these securities by the Company in any state or jurisdiction in which the offer, solicitation or sale would be unlawful. This disclosure is being issued pursuant to Rule 135c of the Securities Act. ...
Click here to read the whole Article (external link)

Skinny Nutritional Corp. to Add Zero-Calorie and Zero Sodium Sports Drink to Its Skinny Water Lineup

BALA CYNWYD, Pa.--(BUSINESS WIRE)--Skinny Nutritional Corp. (OTC BB: SKNY.OB®rd, 2009. Sport™ beverage line in January 2010 with two flavors: Hydration™ (Blue-Raspberry) and Recovery™ (Kiwi Lime).SportRecovery will also include 250mg of glucosamine.Sport line will have zero calories, zero sugar, zero sodium and no preservatives as well as natural colors and flavors.Ron Wilson, President and CEO of Skinny Nutritional Corp., stated, “Skinny Water Sport is a perfect complement to our current line of zero calorie enhanced waters. In listening to our consumers, we feel there is demand for a great-tasting zero calorie sport beverage without the added sodium.”ABOUT SKINNY NUTRITIONAL CORP.®®, and other Skinny branded beverages. For more information, visit ...
Click here to read the whole Article (external link)

Skinny Water® Comes to All 520 Stop & Shop® and Giant Supermarkets

BALA CYNWYD, Pa.--(BUSINESS WIRE)--SKINNY NUTRITIONAL CORP. (OTCBB: SKNY), the makers of Skinny Water®®®®®® and others. The total number of chain-authorized stores now is over 3,000. ®®, their 520 stores in 7 states will provide a great number of those people with exactly what they are looking for.” The Skinny Water lineup features six great tasting flavors, including Acai Grape Blueberry (Hi-Energy), Raspberry Pomegranate (Crave Control), Orange Cranberry Tangerine (Wake Up) Goji Fruit Punch (Shape), Lemonade Passionfruit (Total-V), and Peach Mango Mandarin (XXX-Detox). Every bottle of Skinny Water has calcium, potassium, and EGCG and has zero calories, sugar, sodium, no preservatives, and all natural colors and flavors.About Skinny Nutritional Corp.®®, and other Skinny branded beverages. For more information, visit ...
Click here to read the whole Article (external link)

Would you like to leave a comment about Skinny Nutritional Corp. SKNY/SKNY.OB

Besides Skinny Nutritional Corp. there is more great information available at Realpennies.com