UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 18, 2012
Zurvita Holdings, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 333-145898 | 26-0531863 |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
800 Gessner Road, Suite 110
Houston, Texas 77024
(Address of principal executive offices and Zip Code)
___________________
713-464-5002
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |
This Form 8-K, the exhibits hereto and other reports and exhibits filed by Zurvita Holdings, Inc. (the “Registrant” or the “Company”) from time to time with the Securities and Exchange Commission (collectively the “Filings”) contain forward looking statements and information that are based upon beliefs of, and information currently available to, the Registrant’s management as well as estimates and assumptions made by the Registrant’s management. When used in the Filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions as they relate to the Registrant or the Registrant’s management identify forward looking statements. Such statements reflect the current view of the Registrant with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to the Registrant’s industry, operations and results of operations and any businesses that may be acquired by the Registrant. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 18, 2012, Jason Post resigned from his positions as Chief Financial Officer and Corporate Secretary of Zurvita Holdings, Inc. to pursue other interests. There were no disagreements or disputes between Mr. Post and the Company which led to his resignation, which was effective immediately. Jay Shafer will act as interim Corporate Secretary until such time as the Board of Directors convenes and appoints another person to that position.
| Item 8.01. | Other Events. |
On July 30, 2012, the Company issued a press release to announcing the Company’s estimated monthly revenue figures for the one-month period ended June 30, 2012 and that the Company’s month-over-month revenue figures have experienced six consecutive months of growth.
A copy of the press release is attached herewith as Exhibit 99.1.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
| 99.1 | Press Release dated July 30, 2012 |
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SIGNATURES
In accordance with the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| ZURVITA HOLDINGS, INC. | ||
| Dated: July 30, 2012 | By: | /s/ Jay Shafer |
| Jay Shafer, Co-Chief Executive Officer | ||
Exhibit 99.1
Zurvita Hits Record Monthly Revenues of Over $1,000,000 With 6 Consecutive Months of Growth
Indicates Revenue Run Rate of $12,000,000 Annually
HOUSTON, Texas – July 30, 2012 – Zurvita Holdings, Inc. (OTCQB: ZRVT) (“Zurvita” or the “Company”), a dynamic direct-to-consumer network marketing company, announced today it has reached over $1,000,000 in revenues for the month ended June 30, 2012. Since December of 2011, the Company has experienced six consecutive months of revenue growth. Growth was driven by sales of Zurvita’s health and wellness consumable products, including dietary supplements. The primary geographic markets contributing to the Company’s growth were Oklahoma, Texas, and California.
“Our new ‘Zeal for Life Challenge’ marketing concept is getting traction in small town USA, as well in metropolitan markets. The country is becoming more aware than ever of the need to get control of our health through HBO specials like ‘The Weight of the Nation’ and other glaring obesity statistics we are facing in America today. This new awareness, along with an aggressive car allowance incentive program for our Consultants, has been a big contribution to the success we have experienced this year,” stated Zurvita Co-CEO Mark Jarvis.
“We reached a milestone in June by recruiting over 1,100 new Consultants and doing over a million dollars in revenue in one month for the first time in our Company’s history. We are very excited to see six consecutive months of growth trends. We believe that the new programs introduced at our Leadership Conference this month will enhance the ability for our Consultants to grow their customer base,” stated Zurvita Co-CEO Jay Shafer.
As reported in Zurvita’s most recent Quarterly Report on Form 10-Q, filed with the SEC on June 14, 2012, the Company reported revenues of $2,002,697 for the three months ended April 30, 2012, an increase of $788,056 over revenues of $1,214,641 for the quarter ended April 30, 2011.
To receive additional information about Zurvita and the Zurvita "Champions Weekend" National Conference, please visit www.zurvita.com, or call 713.464.5002.
About Zurvita, Inc.
Zurvita is a dynamic direct-to-consumer marketing company offering high-quality wellness and weight management products. The Company’s highly differentiated product consists of an “all in one” wellness product that eliminates the need for an individual to consume 40-60 pills a day to get their vitamin and nutritional needs. The company introduced a marketing concept called the “Zeal for Life Challenge” in November of 2011 utilizing a complete Weight Management System that includes Zeal Wellness, High quality Protein, Zeal Burn, and Zeal Cleanse. This system comes with a weekly coaching system to encourage eating plans as well as a workout plan. The Company has rapid growth potential due to its experienced sales management team’s aggressive approach with pricing and compensation.
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Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate”, "believe”, "estimate”, "may”, "intend”, "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Source:
Zurvita, Inc.
Contact:
Hampton Growth Resources, LLC
Andrew W. Haag, Managing Partner
Phone: 877.368.3566
Email: zrvt@hamptongrowth.com
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