22:09:31 EDT Sat 18 May 2024
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Promino Nutritional Sciences Inc
Symbol MUSL
Shares Issued 127,188,680
Close 2024-03-20 C$ 0.075
Market Cap C$ 9,539,151
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Promino boasts about protein blend advantages over whey

2024-03-21 09:43 ET - News Release

Mr. Vito Sanzone reports

PROMINO NUTRITIONAL SCIENCES A DISRUPTIVE FORCE IN THE $51 BILLION PROTEIN SUPPLEMENT MARKET

Promino Nutritional Sciences Inc. is positioned to disrupt the global protein supplement market. The globally patented Promino plant-based blend is shown to be two times more effective at building muscle than whey protein. Promino products are aligned with the two largest market segments, being protein powder and ready-to-drink products.

For years, whey protein has dominated the protein market, accounting for over 50 per cent of product sales in 2023 -- it is time for a change. Throughout history people have witnessed industries and companies erased with new technologies, cars displaced the horse, digital cameras replaced film and erased Kodak, lithium-ion batteries make nickel cadmium batteries all but obsolete. Promino's clinically proven products, that are twice as effective in building muscle than whey protein, have the ability to make the old technology of whey obsolete.

"The forecasted growth in our focused market is very encouraging," stated Vito Sanzone, chief executive officer of Promino. "I believe we have the best, most researched product offerings in the category; they're quickly being recognized by elite athletes, sports teams, celebrities and the public at large. Through our marketing efforts and brand ambassadors we are seeing an increase in global interest in our products and expect to significantly widen our international distribution footprint beyond 2024."

Why Promino

Promino has earned the coveted NSF Certified for Sport certification, which helps athletes, dietitians, coaches and consumers around the world make safer decisions when choosing sport supplements, functional foods and personal care products. NSF Certified for Sport products are certified to be banned substance free.

  • New research indicates only 3.6 grams of the Promino patented plant-based blend is the equivalent of 40 grams of whey protein isolate at building and repairing muscle -- making it the most efficient muscle-building supplement available.
  • NHL superstar Jack Eichler of the Vegas Golden Knights and Kirk Mclean, legendary Vancouver Canucks player, have recently joined Promino as professional athlete brand ambassadors.
  • Promino and Rejuvenate utilize a patented formula that is the result of over $20-million (U.S.) in research over 23 years.
  • It is fast-absorbing and provides the body with the building blocks of protein faster, without the excess calories, sugar, filler and carbohydrates of conventional whey or plant proteins.
  • It is shown to be the highest-quality protein source in the world. Based on digestible indispensable amino acid score (DIAAS), with a 321 DIAAS score, Promino is superior to whey protein at 109.

Corporate updates

The company also announces it has entered into consulting agreements with a research and development consultant, a fiscal advisory consultant, and a brand ambassador to provide certain consulting services to the company for initial terms of 12 months, 12 months and 24 months, respectively. In consideration for the services provided by the consultants, the company has agreed to issue an aggregate of 2.16 million common shares to the R&D consultant, an aggregate of 1.5 million common shares to the brand ambassador, and an aggregate of one million common shares to the fiscal consultant, with all shares issuable in tranches over the terms of the respective agreements. The consultants are arm's length to the company.

About Promino Nutritional Sciences Inc.

Promino is an innovative and research-driven Canadian nutraceutical company specializing in the development of patented and science-based products for the global consumer packaged goods market, with a portfolio focused specifically on muscle health. Promino's lead product, Rejuvenate, is a patented proprietary formulation that is clinically proven to assist in the building, rebuilding, restoration and rejuvenation of natural muscle mass. Promino also offers Promino, an elite performance supplement for both professional and amateur athletes to accelerate muscle recovery, build strength and accelerate recovery from injury. Promino was founded in 2015 and is located in Burlington, Ont.

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