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AppNut was sold

  1.  03-15-2012  11:11 AM
    Registered User _mArs_'s Avatar
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    Post AppNut was sold


    From a post on another forum

    "I am happy to announce that effective March 7, my partners and I have sold Applied Nutriceuticals.

    The new owner, Mr. Lance Rankin, is based in San Diego and recently sold Premier Nutrition (makers of protein bars and shakes). He brings tons of knowledge and opportunity to the table, and plans on investing heavily in the company to fuel accelerated growth. Also joining the team is Pete Vasdias, who will be assuming the General Manager role, overseeing daily operations and finances. Both of these individuals are truly great guys and in a short time we’ve developed a strong friendship and admiration of their knowledge and abilities. I am 100% confident that they are going to take AppNut to levels previously thought unattainable via completely new products and categories.

    Dirk will be remaining in his current role as the chief chemist on a permanent basis, and Tanya and I will be remaining on board for a yet undetermined amount of time to assist with the transition. Otherwise, no other changes are being made to the staff, business location or day-to-day activities.

    There is one additional twist. Due to Lance’s non-compete with his former company, Applied Nutriceuticals will no longer be able to produce or sell powdered products for several years. Therefore, Lit-Up will be divested separately to another buyer, who will role it into their existing brand. Barring any unforeseen issues, we hope to consummate the sale before the end of the month. In the meantime, since our existing inventory is branded Applied Nutriceuticals, we cannot sell it until it is repackaged. I will keep you apprised of those changes once it’s all nailed down.

    Over the next few weeks we’ll be working with Lance and Pete to bring them up speed on all the finer nuances of our operation. Otherwise, it’s business as usual. I’ll be around for a while, so all the programs and projects we’re working on will proceed uninterrupted.

    I want to personally thank the team here at BB.com both past and present as we’ve made a lot of good friends both at the corporate level and here on the forums. Rest assured we’ll still be lurking about from time to time. As for new ventures…only time will tell!

    All the best -

    Don"



  2.  03-15-2012  11:20 AM
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    yep. what about it
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  3.  03-15-2012  11:23 AM
    Registered User _mArs_'s Avatar
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    should i not have posted this? i thought people would be excited to learn the news

  4.  03-15-2012  11:28 AM
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    no its all good man. what are you excited about? That Lit Up is gone? That Dirk isnt the owner? lol
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  5.  03-15-2012  12:25 PM
    Registered User alysonAppNut's Avatar
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    It's very exciting and bittersweet at the same time. We are going to miss Don and Tanya tremendously, but there are huge things that are going to be coming from AppNut in the next few months to look forward to!

    Originally Posted by R1balla View Post
    no its all good man. what are you excited about? That Lit Up is gone? That Dirk isnt the owner? lol

  6.  03-15-2012  12:30 PM
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    Hope LitUp comes back soon and the new company hits the ground running!
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  7.  03-15-2012  12:33 PM
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    Originally Posted by _mArs_ View Post
    There is one additional twist. Due to Lance’s non-compete with his former company, Applied Nutriceuticals will no longer be able to produce or sell powdered products for several years. Therefore, Lit-Up will be divested separately to another buyer, who will role it into their existing brand. Barring any unforeseen issues, we hope to consummate the sale before the end of the month. In the meantime, since our existing inventory is branded Applied Nutriceuticals, we cannot sell it until it is repackaged. I will keep you apprised of those changes once it’s all nailed down.
    So what you're saying is that Cool Down will just be a tad bit longer in coming out....?
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  8.  03-15-2012  03:29 PM
    Registered User FW Friedel's Avatar
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    Originally Posted by schizm View Post
    So what you're saying is that Cool Down will just be a tad bit longer in coming out....?
    LOL, funny guy!

    But, as a powder, yes it would be about 3 1/2 years longer!

  9.  03-15-2012  03:58 PM
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    Originally Posted by FW Friedel View Post
    LOL, funny guy!

    But, as a powder, yes it would be about 3 1/2 years longer!
    Ah, well, fair enough
    <sets reminder on Outlook to bump Cool Down thread in Sept 2015>

    Unrelated, I've had several boxes of Premier Nutrition's protein bars, tasty!
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  10.  03-15-2012  04:58 PM
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  11.  03-15-2012  11:51 PM
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    Lit Up and IGF 2 are the two AppNut products i stay stocked up on. now 1 of them is gone. i feel like my left nut has been removed.
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  12.  03-15-2012  11:52 PM
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    Originally Posted by alysonAppNut View Post
    It's very exciting and bittersweet at the same time. We are going to miss Don and Tanya tremendously, but there are huge things that are going to be coming from AppNut in the next few months to look forward to!
    if dirk makes it, im cool with any new product. anybody else, i gotta research on them and the ingredients they use. i only trust Dirk.
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  13.  03-16-2012  01:12 AM
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    Originally Posted by FW Friedel

    LOL, funny guy!

    But, as a powder, yes it would be about 3 1/2 years longer!
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  14.  03-16-2012  07:25 AM
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    Originally Posted by R1balla
    Lit Up and IGF 2 are the two AppNut products i stay stocked up on. now 1 of them is gone. i feel like my left nut has been removed.
    At least u still have 1.
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  15.  03-16-2012  08:40 AM
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    Originally Posted by R1balla View Post
    if dirk makes it, im cool with any new product. anybody else, i gotta research on them and the ingredients they use. i only trust Dirk.
    Big guy really knows his stuff!!
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  16.  03-16-2012  08:48 AM
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    Originally Posted by R1balla View Post
    if dirk makes it, im cool with any new product. anybody else, i gotta research on them and the ingredients they use. i only trust Dirk.
    Obviously Dirk will be making it since it says right in the announcement he will be staying on as lead chemist. The only things that are changing are Don, Tanya, and LIT-UP. Everything else is the same.

  17.  03-16-2012  03:30 PM
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    Originally Posted by R1balla
    Lit Up and IGF 2 are the two AppNut products i stay stocked up on. now 1 of them is gone. i feel like my left nut has been removed.
    I feel the exact same way R1. I'm gonna be hurting without my lit up. And all the tubs I've been giving away I'm feeling bad about now lol. But I love me some drive and rpm is a kick ass preworkout in pill form so I'll survive hahah
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  18.  03-16-2012  03:33 PM
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    Originally Posted by alysonAppNut

    Obviously Dirk will be making it since it says right in the announcement he will be staying on as lead chemist. The only things that are changing are Don, Tanya, and LIT-UP. Everything else is the same.
    Hey alyson. Good to see you on AM
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  19.  03-16-2012  11:08 PM
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    Originally Posted by alysonAppNut View Post
    Obviously Dirk will be making it since it says right in the announcement he will be staying on as lead chemist. The only things that are changing are Don, Tanya, and LIT-UP. Everything else is the same.
    Don is a G. hate to see him go. from what i have seen, Lit Up is one of, if not the, most popular AppNut product. its a shame its gone. oh well, got that superpump all day every day! yeah buddy!
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  20.  03-17-2012  06:26 AM
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    Life moves on, things change and move forward. A quality company with solid products, all the best to AppNut and the new owners.

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