HSPO revoked:

http://www.sec.gov/litigation/admin/2013/34-68564.pdf

HSPO: SEC Suspension:

http://www.sec.gov/litigation/suspensions/2012/34-68344.pdf

ORDER:

http://www.sec.gov/litigation/suspensions/2012/34-68344-o.pdf

ADMIN Proceeding:

http://www.sec.gov/litigation/admin/2012/34-68345.pdf

Another 52-week low 0.0011 was created! Very soon the CH11 might hit 0.0001 as the similar stock did...

The CH11 pos scam just hit the new 52-week low 0.008 today! However
the MV is still over $1M which is ridiculous high! Soon it will hit
another new low 0.0005...

Did these guys ever file that 10K they said was going to be delayed back in April?

they are all in a coma? not dead but nothing going on.

this company is eerily similar to degh and fusescience..check it out

Nice lift today....it looks like it's finally happening ...

Wow what a dead MB, but the stock is green humm.

The plant is being built! Here is a link to the pic: http://i1197.photobucket.com/albums/aa424/davidgold123/SMIPharma.jpg

and the address: 2605 West 1st street Tempe, AZ 85281

This is a good indication of the SMI merger IMO

aug 17---still negosh...."The report could not be filed within the prescribed time period because the registrant has limited resources with which to prepare and file the report. The registrant’s management is negotiating amendments and extensions to its financing transaction and merger agreement that the registrant entered into with Supplemental Manufacturing & Ingredients, LLC. As a result, the registrant’s management has been unable to devote sufficient time to complete the registrant’s report on Form 10-Q by the prescribed due date. The registrant is currently preparing the report and expects to file it no later than the fifth calendar day following the prescribed due date."

I think this is actually a good thing...it will give everybody time for some accumulation. Word needs to get out about this stock!

Filing for month extention:

Item 1.01. Entry into a Material Definitive Agreement.

On July 14, 2010, HealthSport, Inc. (“HealthSport,” “we,” “our” or “us”) entered into amendments to the (i) merger agreement among HealthSport, Inc., HealthSport Subsidiary, LLC and Supplemental Manufacturing & Ingredients LLC (“SMI”) dated May 21, 2010, (ii) the promissory note issued by SMI to HealthSport dated December 1, 2009 as amended March 19, 2010, and (iii) the pledge agreement between HealthSport and SMI dated December 1, 2009 as amended March 19, 2010. The amendment to the merger agreement extends the termination date of the merger agreement from July 15, 2010 to August 15, 2010 in order to provide more time for the parties to complete the negotiations of the proposed business combination and the negotiations to secure the $10 million financing. In accordance with the amendment to the merger agreement, we amended the promissory note and pledge agreement to provide that the due date for the $2.5 million payment due from SMI to HealthSport on July 15, 2010 is extended to August 15, 2010. The foregoing description of the terms of the amendments are qualified in their entirety by reference to the provisions of such amendments, which are included as exhibits to this Form 8-K and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

IF it does happen today, prob will not hear about it for 5 bus days when they HAVE TO file an 8k. They have realy been silent about everything.

So today?

I can't believe nobody is on this board! The merger is happening July 15th, this should be skyrocketing!

Looks like it's going to happen.....form PR and key points from 8k:

including the investment by a third party investment group of at least $10 million that has been arranged for by SMI, ....

8k: ...including SMI obtaining a commitment from a third party investor to invest $10 million in HealthSport in exchange for shares of our common stock at a price equal to or greater than $0.21 per share. ...

AND THE BIGGIE!! (from 8k)

SMI beneficially owns approximately 55% of our outstanding common stock. Kevin Taheri, our chief executive officer, beneficially owns approximately 45% of SMI. Ferrel Raskin, a member of our board of directors, beneficially owns approximately 10% of SMI. Pursuant to the Stock Purchase Agreement, SMI has designated four of the seven members of our board of directors. We also hold the Promissory Note in the original principal amount of $8,000,000. Pursuant to the Stock Purchase Agreement and the Stock Pledge Agreement, 36,333,333 shares of our common stock sold under the Stock Purchase Agreement to SMI are issued in the name of SMI but being held in escrow to be released to SMI as SMI makes installment payments under the Promissory Note. As described above, these 36,333,333 pledged shares are subject to cancellation if the merger with SMI is consummated.

THEY ALREADY MOSTLY OWN EACH OTHER!!!!

Industry Leaders HealthSport and SMI Manufacturing Announce Merger Agreement
Date : 05/25/2010 @ 9:00AM

HealthSport, Inc. (OTC Bulletin Board: HSPO), a fully integrated formulator, developer and manufacturer of bi-layer, oral thin film products that deliver drug and dietary supplement ingredients through buccal (between the cheek and gum) absorption, is pleased to announce the signing of a merger agreement with Supplemental Manufacturing and Ingredients, LLC ("SMI Manufacturing"), to create a fully integrated technology-based manufacturing, marketing and sales organization. The merger of HealthSport and SMI Manufacturing will result in one of the industry's only companies dedicated to developing and producing oral thin film for the delivery of dietary supplements and pharmaceutical actives, with a commitment to providing partners and customers with viable alternatives to traditional drug delivery technologies.

Kevin Taheri, the CEO of HealthSport, stated that, "The combination of HealthSport and SMI creates a significant opportunity for the two companies by joining forces to leverage each company's core competencies. HealthSport provides an extensive background in R&D, and SMI is a proven leader in the manufacturing of health related products. We feel the new company will be in a position to commercialize the platform technology by offering the multi-billion dollar pharmaceutical industry a new drug delivery method that can be used with a wide variety of medicines."

SMI Manufacturing is a fully integrated cGMP certified manufacturing company formed in 1996 to formulate, manufacture and market organic and other health related nutritional supplements with an emphasis on Certified Organic products. SMI Manufacturing has had a strong relationship with HealthSport through an existing agreement whereby SMI Manufacturing has a license to manufacture HealthSport's products. SMI Manufacturing has also committed to building a state-of-the-art film strip manufacturing facility adjacent to its current facility in Tempe, Arizona and has invested approximately $5 million into HealthSport.

Under the terms of the Merger agreement, unanimously approved by the Boards of Directors of both companies, SMI shareowners will own approximately 84% and HealthSport shareowners 16% of the merged company. The transaction, which is expected to be tax-free to shareowners of both companies for U.S. federal income tax purposes, will be accounted for as a reverse triangular merger. Subject to certain obligations on behalf of both of the companies, including the investment by a third party investment group of at least $10 million that has been arranged for by SMI, and regulatory and other customary closing conditions, the transaction is expected to close by no later than July 15, 2010.

The CEO of SMI Manufacturing, Ferrel Raskin, stated that, "Clearly, the potential of this combination is compelling, but we understand the magnitude of the challenge and the need for discipline and speed. We're helped by the fact that both companies have been pursuing similar organizational structures and marketing and sales strategies, and there is immense talent residing in both organizations. We have already begun the comprehensive integration process and have identified key metrics to drive our success. We are committed to achieving our goals and advancing our competitive position in the marketplace."

The merger agreement contemplates that Kevin Taheri will remain as the Chief Executive Officer of HealthSport and Rob Davidson will stay on as the President of HealthSport. The companies have created an integration team to be led by Rick Gean, currently Chief Financial Officer of SMI Manufacturing, and Tom Beckett, Chief Operating Officer of HealthSport.

The new HealthSport will be structured around three operating units that build on the companies' similar go-to-market and product development structures that provide clear customer and competitive focus. Several important highlights are as follows:

The current SMI Manufacturing plant, located in Tempe, Arizona, will continue to be dedicated to the development, manufacture and sale of non-film dietary supplement products. The plant is a high volume capacity facility.The current oral thin film facility in Oxnard, California will serve as both the center for research and development as well as a fully operational manufacturing facility with a projected annual capacity in excess of 55 million cassettes (with up to 20 individual film strips per cassette)..SMI Manufacturing's oral thin film facility in Tempe, Arizona is currently under construction to be a state-of-the-art manufacturing facility containing four production lines. The first line is planned to be identical to the production line in the Oxnard facility and will be dedicated to nutraceutical and dietary supplement production. The additional three lines will be devoted to producing OTC and prescription drug products. The Tempe facility is anticipated to be fully operational in the first quarter of 2011 and will have a projected capacity of 2 billion film strips annually.Mr. Taheri added, "In addition to the clear strategic benefits of combining two highly complementary organizations and product families, we can create substantial shareowner value through significant cost structure improvements and access to new growth opportunities within the pharmaceutical industry."

A full description of the material terms and conditions of the transaction along with a copy of the merger agreement can be found with the Form 8-K filed with the SEC on May 24, 2010.

About HealthSport, Inc.

HealthSport, Inc. (www.healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label oral thin film nutritional supplement and over-the-counter drug products. HealthSport is the preeminent formulator, developer and manufacturer of oral thin film strips that deliver drug or dietary supplement actives through buccal (between the cheek and gum) absorption as well as normal ingestion. HealthSport's proprietary edible film strip delivery technology is superior to any other competitive, edible film strips currently available on the market. HealthSport has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of its edible film strip products.

About SMI Manufacturing

SMI Manufacturing (www.smimfg.net) is one of the United States' premier cGMP certified integrated manufacturer of nutritional supplements since 1996, providing formulation, packaging and logistics capabilities all under "one roof." SMI Manufacturing is expanding its manufacturing capabilities to manufacture proprietary drug delivery system products utilizing HealthSport, Inc.'s edible Bi-layer Film Strip technology and formulation patents.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements include statements regarding the closing of the merger agreement between HealthSport and SMI Manufacturing, and whether HealthSport will achieve certain operational and financial results subsequent to the merger. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in HealthSport's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements. HealthSport does not undertake to update any of the forward looking statements contained in this release other than as required by law.

SOURCE HealthSport, Inc.

Thanks, this has been a roller coaster for sure. Should pull out of it soon.

I got something in the mail. Some kind of filing involving loans/investment from another company. Haven't read it in detail yet. Looked like it might be good news in the long run.

Whats the latest on this Stock,Company? Did they clean house?

Ive made some money but this thing is weird - revenues were slammed with a 4M write down and decreased sales but the stock went up to .30? Hmmm...but the products do look shnazy - and where is Shaq in this mix?

HSPO>>Don't know but THIS IS! Every time I forget about this stock it pops! One of these days I'll catch it and make some money.

nice gain today and good addition of yet another experienced board member. This could get interesting.

this would be a tremendous boost to its perception and brand if this heads to retail.

Im not really sure how hot the market for these drops would be and I really dont see a whole lot of potential.

HealthSport, Inc. Enters Into an Agreement to Develop Concentrated Nutraceutical Liquid Drops
Company to Deliver Initial Laboratory Samples by May 14, 2009
May 7, 2009 9:46:00 AM
2009 GlobeNewswire, Inc.


Email Story Discuss on ZenoBank

View Additional ProfilesCHARLOTTE, N.C., May 7, 2009 (GLOBE NEWSWIRE) -- HealthSport, Inc. (OTCBB:HSPO), announced today that it has entered into an agreement to develop four initial nutraceutical products using Innozen's proprietary concentrated liquid drops. Initial laboratory samples of the liquid drop products will be delivered before May 14, 2008 for consumer testing.

"We have received several inquiries requesting information on our proprietary encapsulated technology and concentrated formulation technology. This agreement to develop various nutraceutical and homeopathic products marks our first contract to develop products for retail sales. The initial four products are currently in development, but initial lab samples are very promising," stated Hank Durschlag, CEO of HealthSport, Inc.

"Our research and development team continues to advance new drug and nutraceutical delivery systems, and Innozen's proprietary concentrated liquid drop technology will complement our patent-pending edible thin film strips, giving HealthSport a wide spectrum of product and marketing options," continued Mr. Durschlag.

About HealthSport, Inc.

HealthSport, Inc. (http://healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs. HealthSport's wholly-owned subsidiary, InnoZen, Inc. (http://www.innozen.com), is the preeminent formulator, developer and manufacturer of edible film strips that deliver drug actives through buccal (between the cheek and gum) absorption. InnoZen's proprietary edible film strip delivery technology is superior to any other competitive edible film strips currently available on the market. InnoZen has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of edible film strips.

Forward-Looking Statements in this news release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation to buy or sell the securities.

CONTACT: HealthSport, Inc.
Mike Sclafani
(303) 903-2090

can this be a bounce?

HealthSport, Inc. Announces Results for First Quarter of Fiscal 2009
May 5, 2009 10:12:00 AM
2009 GlobeNewswire, Inc.


Email Story Discuss on ZenoBank

View Additional ProfilesCHARLOTTE, N.C., May 5, 2009 (GLOBE NEWSWIRE) -- HealthSport, Inc. (OTCBB:HSPO), announced results for the first quarter ended March 31, 2009.

Financial Results

During the three months ended March 31, 2009, the Company had total revenues of $1,626,908, an increase of 1,400% over the corresponding 2008 period's revenues of $116,191. In addition, the first quarter revenues exceeded the entire 2008 year revenues of $1,419,210.

General and Administrative expenses decreased to $439,821 in the three months ended March 31, 2009 from $815,843 in the 2008 period. The decrease of $376,022 (46.1%) in G&A is the result of decreases at all levels of the Company, including corporate overhead and the G&A costs at the manufacturing operation.

The Company has re-directed its marketing efforts toward private label distribution agreements rather than direct sales to consumers through retail stores in 2008. As a result, Total Costs and Expenses were $2,318,141 in the three months ended March 31, 2009, as compared to $3,208,273 in the 2008 period, a decrease of $890,132 or 27% in the 2009 period as compared to the 2008 period. For the first quarter, the Company realized a net loss of $691,233 or ($.01) per share.

"We are very pleased with our fiscal results for the first quarter of 2009. Although budgetary constraints continued to impact our sales growth and manufacturing capabilities, the first quarter was the most dramatic quarter in our company's history with total revenues of $1,626,908. In addition, over $510,000 of recorded expenses, which directly affected our bottom line, were non-cash items which had to be amortized but did not affect the Company's cash flow," stated Hank Durschlag, CEO.

"Our second quarter revenue will be impacted by changes to a majority of the product lines which will require stability testing to be completed before the products can be manufactured for resale; however, if market acceptance of the product broadens, sales growth in the last half of the second quarter should continue to increase," continued Mr. Durschlag.

About HealthSport, Inc.

HealthSport, Inc. (http://healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs. HealthSport's wholly-owned subsidiary, InnoZen, Inc. (http://www.innozen.com), is the preeminent formulator, developer and manufacturer of edible film strips that deliver drug actives through buccal (between the cheek and gum) absorption. InnoZen's proprietary edible film strip delivery technology is superior to any other competitive edible film strips currently available on the market. InnoZen has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of edible film strips.

Forward-Looking Statements in this news release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation to buy or sell the securities.

CONTACT: HealthSport, Inc.
Mike Sclafani
(303) 903-2090

i wonder if they have concluded any goodwill or intellectual proprty impairment yet - well, i guess its a better excuse than some others

Anyone see a good entry?

not sold yet but could be good for a quick buck

Bounced pretty good now,we should have been on it.

Timber

pulling back and just wondering how far it will go - not sure about a position at this point but at second glance it is an interesting story with Shaq's involvement.

Your right, great run and not as much interest as one would like - and well, compared to some of my other interests, at least these guys have action

HSPO was .08 in October, .33 a few days ago and closed at .50 today, yet there is no interest. This has been a marvelous trading stock, good growth, and no one cares!!?? This has made me $$$$ but is still ignored. Fine, I shall continue to make use of the mov't here. No, it is not a daytrader item but for peripheral $$, this has been super!!

Good press with Shaq but Resurgex is still a better product hands down. I wonder how much he charges.

NEWS : SHAQ ON BOARD! That should be big.

I'm still very excited. Monday was an exceptional trading opportunity.

How exciting can it be? This was a serious pump - Do you want to take a look at revenue growth? Keep your eye on MBTG for a couple of pennies. MBTG's cred is tremendous for its size and is poised for a good year.

Just becoming aware of this gem gets me excited. Sales appear to be growing at a very fast rate over the past few months.

nice bounce, but wheres the floor?

Just called the TA . OS is 49,859,820 about 8 million more than june of '07 Not bad. Sales must be funding operations pretty well now. Just no love for anybody in the market these days.

Transfer Agent

Old Monmouth Stock Transfer Co., Inc
200 Memorial Parkway
Atlantic Highlands, New Jersey 07716
Phone: 732-872-2727
Fax: 732-872-2728

Approximate float 5.0 mill


~CNBC Interview...

http://www.healthsportinc.com/press.htm


~Corporate web site...


http://www.healthsportinc.com/

Primary Objective

With the primary business operations focused on the development and marketing of electrolyte film strips, HealthSport is squarely aimed at the activity and replenishment market. Electrolytes have been proven to sustain proper cell function and growth in the body. Sports drinks can supply electrolytes lost while exercising, but these drinks do not contain the proper balance of electrolytes and often contain

~Share structure...

The number of shares outstanding of registrant's common stock, par value $.0001
per share, as of June 30, 2007, was 41,766,897.

About HealthSport, Inc.

HealthSport, Inc. develops film strip products containing electrolytes. The company is also involved in concept development activities, which include creating projects in the fields of professional sports, motion pictures, publishing, licensed merchandise, and other entertainment products.

I agree, this thing is getting trashed

This is a sub-penny stock. What a pump-52 week high of .80 OMG.

Headed for the single digits.