PARAMUS, N.J., Dec. 30, 2010 (GLOBE NEWSWIRE) -- Inergetics, Inc. (OTCBB:NRTI), a leader in targeted product development for the Clinical Nutrition and Sports Supplement Markets, today announced that the Company's oncology nutritional product, Resurgex Select™, will be featured on Lifetime Television's premier women's morning show, The Balancing Act. Lifetime Television is the highest-rated women's television network broadcast to approximately 98 million households and 3.9 million online visitors with 93 million page views. The program is scheduled to air in the first quarter of 2011.
Additionally, Inergetics' management announces the Company's plans to execute an 80-1 reverse stock split effective January 21, 2011, pending approval from FINRA. In the event that FINRA's approval is not forthcoming, this will extend the aforementioned date. The reverse stock split applies to all of the Company's outstanding common stock, reducing the current number of outstanding shares from approximately 2 billion shares to approximately 25 million shares.
Inergetics' Resurgex Select™ nutritional supplement will be featured on the Balancing Act episode where world-recognized Oncologist, Dr. Giannios, is scheduled to appear. He will educate viewers on how to improve their health demanding nutritional excellence from the products they purchase in dealing with the multiple health issues surrounding cancer treatment and recovery.
Inergetics has specifically formulated Resurgex Select™ as a nutritional supplement for the treatment of individuals with cancer. The product's composition has been scientifically created to both support the immune system and enhance weight gain during treatment.
Dr. Giannios stated, "The opportunity to appear in Lifetime's program 'The Balancing Act' will expose Inergetics' Resurgex Select to a broadcast and online audience that have an interest in learning about the best products for cancer nutrition."
"We are looking forward to having Inergetics, Inc. join the upcoming Health & Wellness series on 'The Balancing Act'. They will bring yet another great solution to viewers, one that will have a real impact and help them balance their lives," says Doug Campbell, Founder and Executive VP of Programming for The Balancing Act.
Commenting on the reverse stock split, Inergetics' CEO, Mark Mirken, said, "The reverse stock split is not only designed to boost Inergetics' share price but also represents an important milestone in the Company's recapitalization. We appreciate the support of our shareholders in granting our Board the authority to effect a reverse split and believe this action is required during these exciting times with the commercialization of the Company's current products and the continued development of new products."
For more information about Inergetics, Inc. please visit, .
About The Balancing Act
TheBalancing Act airs on Lifetime Television at 7:00am (ET/PT) and is America's premier morning show that's about women, for women, and trusted by women. Celebrating life and all there is to accomplish, TheBalancing Act inspires and empowers with entertaining and educational segments, placing women in the best position to achieve success in every area of their lives. For information or to view a show, visit or follow The Balancing Act on , , and .
For more details about The Balancing Act, LLC please visit parent company O2 Media Inc. at .
About Inergetics, Inc.
Inergetics, Inc. is a leading developer of nutritional supplements for the Clinical Health and Sports Supplement markets. The Company has established a line of Resurgex products consisting of proprietary nutritional formulas that are used by a wide range of clinical patients and consumers. Resurgex™ products provide comprehensive nutritional support for actively treated cancer patients as well as those in post-treatment care and elderly members of the assisted living community. Inergetics has also developed Surgex™ sports nutrition formula to meet the nutritional needs of professional, Olympic, and amateur elite athletes that experience post-workout symptoms such as fatigue, loss of lean muscle, oxidative stress, and reduced immune function.
Resurgex Essential™ and Resurgex Essential Plus™ are comprehensive, calorically dense formulas that meet and exceed the nutritional requirements of the assisted living community. To learn more about Inergetics, visit and visit the Surgex® product website and online store at .
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of the Company and SPI set forth herein and those preceded by or that include the words ``believes,'' ``expects,'' ``given,'' ``targets,'' ``intends,'' ``anticipates, "plans,'' ``projects,'' ``forecasts'' or similar expressions, are "forward-looking statements". Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. The Company assumes no obligation to update any of the information contained or referenced in this press release.
CONTACT: Seal Point Consulting, LLC Investor Contact 267-364-5407 Investors@sealpointconsulting.com