Business Context and Reporting Period
This Form 8-K was filed by Bond Laboratories, Inc. (now FitLife Brands, Inc.) on September 28, 2013. The report details corporate governance changes effective September 30, 2013, including a name change and a reverse stock split.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate structural changes rather than financial performance.
Material Changes
- Name Change: The Company changed its name from "Bond Laboratories, Inc." to "FitLife Brands, Inc."
- Reverse Stock Split: A 1-for-10 reverse split of issued and outstanding common stock was effected.
- Trading Symbol: Trading on the OTCQB began under the symbol "BNLBD" (with a "D" suffix for 20 business days). The symbol is scheduled to change to "FTLF" after the 20-day period.
- CUSIP Number: The new CUSIP number is 33817P108.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future financial guidance, outlook, or specific risks. The changes were previously disclosed in a definitive Proxy Statement filed on June 12, 2013, and were approved by FINRA on September 28, 2013.
Investor Verification Checklist
- Verify the new ticker symbol "FTLF" and CUSIP "33817P108" in brokerage accounts.
- Confirm the 1-for-10 reverse split adjustment in share holdings.
- Review the definitive Proxy Statement filed on June 12, 2013, for the rationale behind the name change and reverse split.
- Monitor the ticker symbol transition from "BNLBD" to "FTLF" after the 20-business-day period.