Weight Loss Forever (NASDAQ:WLFI)
Historical Stock Chart
From Jul 2019 to Jul 2024
WLFI Seals Fourth 'Platinum Area Developer' Agreement Covering
Five Million New Prospects
HEATHROW, Fla., June 8 /PRNewswire-FirstCall/ -- Weight Loss Forever
International (OTC:WLFI) (BULLETIN BOARD: WLFI) , announced today that it has
signed its fourth recent "Platinum Area Developer" agreement for its Beverly
Hills Weight Loss & Wellness(R) division. The agreement with Bayou Wellness LLC
covers the entire state of Louisiana, which has an estimated population of five
million people.
"This agreement is a corner piece for the successful franchising of Beverly
Hills Weight Loss & Wellness west of the Mississippi," said Michael D'Apolito,
WLFI CEO. The exclusive developer agreement covers the entire state of
Louisiana, now amassing a population of five (5) million people. WLFI has
stated that additional new "Platinum Area Development" agreements are
forthcoming. "Now we're working to fill the states between Louisiana and
Arizona with agreements."
The "WLFI Platinum Area Developer" agreement entitles qualified investors to
significant financial incentives, funding resources and franchise privileges
more broad than typical area development agreement. The entitlements are
contingent upon opening numerous franchises simultaneously according to a rigid
timetable that dictates the area developer must open a minimum of twenty (20)
units in a five-year period.
Bayou Wellness LLC is now identifying potential locations for their first
clinic.
WLFI recently released a mid-year report concerning the success of its area
developer expansion program along with the other five elements of the company's
2004 strategic expansion plan (see:
http://www.beverlyhillsweightloss.com/NewsRel.php) The company now has
agreements in place for: 1) upper New York state 2) Central Florida 3) Marcopia
county, Arizona and 4) Louisiana.
About WLFI
Weight Loss Forever International is a franchise management company currently
operating 46 clinics under four brands, Weight Loss Forever(R), Beverly Hills
Weight Loss & Wellness(R), Beverly Hills Nutritional Services(R) and Tammy
Phillips Fitness(R).
For WLFI Company and Franchising Information Contact:
Mr. Tim Murray at 1-866-244-9534 (WLFI)
or http://www.brokerelations.com/
http://www.beverlyhillsweightloss.com/NewsRel
This release may contain forward-looking statements that involve risks and
uncertainties, including without limitation, acceptance of the company's
products, increased levels of competition, product and technological changes,
the company's dependence upon financing and third-party suppliers, and other
risks detailed from time to time in the company's federal filings, annual
report, offering memorandum, or prospectus. Specifications are subject to
change without notice.
DATASOURCE: Weight Loss Forever International
CONTACT: Tim Murray of Weight Loss Forever International,
+1-866-244-9534, or
Web site: http://www.brokerelations.com/
http://www.beverlyhillsweightloss.com/NewsRel