03.01.04
PacificHealth Laboratories, Matawan, NJ, has acquired all the outstanding shares of Strong Research Corp., a research-based, educational sports nutrition company, in exchange for shares of PacificHealth common stock. Currently Strong does not have any material revenues but is actively involved in the scientific education of athletes on proper nutrition utilizing scientists in sports nutrition. Assets acquired include certain intellectual properties that the company expects to be useful in the marketing of sports nutrition products.