Murphy Analytics Announces Coverage Update on True 2 Beauty, Inc.
16 December 2010 - 12:57AM
Murphy Analytics (MA) has updated coverage on True 2 Beauty Inc.
(Other OTC:TRTB), a California based manufacturer and distributor
of sexual enhancement pills and liquids. The Update Report contains
a detailed discussion of TRTB recent business developments and
objectives, market trends, macroeconomic data and indicators, and
risks. The Update Report is available at
http://www.murphyanalytics.com/uploads/TRTB_Update.
Analyst Patrick J. Murphy, CFA notes in the report: "Announced
12/13/10, TRTB's distribution agreement with Kretek International,
Inc. ("Kretek") provides the Company with access to a leading
distributor of specialty general merchandise and tobacco products
to convenience stores and other retail channels in the U.S. and
Canada...TRTB's focus for 2011 includes consolidation of operations
at the new facility, commencement of a robust marketing campaign,
and increasing production capacity. Also as noted by Mr. Hbaiu in
the Kretek announcement, the Company expects to report in more
detail on revenue growth and forecasted revenue and profitability,
beginning with the Company's first conference call in January 2011.
By obtaining expanded production facilities and equipment, and by
leveraging Kretek's expansive distribution network, TRTB's focus on
production, distribution and marketing is positioning the Company
for what looks like a significant growth opportunity."
About Murphy Analytics
Murphy Analytics is an independent investment research firm
providing coverage of microcap and smallcap stocks. Utilizing
institutional caliber, fundamental, bottom-up analysis, Murphy
Analytics helps investors make informed investment decisions about
equities without extensive analyst coverage, with a focus on
small-cap and micro-cap public stocks. Murphy Analytics LLC is
owned by Patrick J. Murphy, who has over 15 years of
capital markets experience, providing institutional
investment and transaction analysis across a range of asset
classes including microcap equities, commercial real estate debt
and equity, municipal derivatives and public finance, venture
capital, fixed income, CMBS and mortgage REIT's.
Disclosure: Murphy Analytics (MA) was
compensated $12,000 in advance of the publication of an Initiation
Report dated 10/10/10 and this Update report. Neither MA nor the
analyst owns or trades the shares of covered companies. Statements
herein may contain forward-looking statements and are subject to
significant risks and uncertainties affecting results. MA provides
no assurance as to the subject company's plans or ability to effect
proposed actions and cannot project capabilities, intent,
resources, or experience. This report is neither a solicitation to
buy nor an offer to sell securities and is to be used for
informational purposes only and should not be used as basis for
investment decisions. MA is not an investment advisor or
broker/dealer and this report does not provide investment advice.
CONTACT: Murphy Analytics
Patrick J. Murphy, CFA
636-273-9440
pmurphy@murphyanalytics.com
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