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Published on 4/27/2007 in the Prospect News PIPE Daily.

New Issue: HealthSport raises $3 million from stock offering to NFL players

By Sheri Kasprzak

New York, April 27 - HealthSport, Inc. concluded a $3 million private placement of stock with a group of former National Football League players.

The investors bought 2 million shares at $1.50 each.

The investors include former NFL players Bruce Smith, Bernie Kosar and Jim Kelly.

Based in Amherst, N.Y., HealthSport develops a line of nutritional supplements.

Issuer:HealthSport, Inc.
Issue:Stock
Amount:$3 million
Shares:2 million
Price:$1.50
Warrants:No
Investors:Bruce Smith, Bernie Kosar, Jim Kelly, others
Settlement date:April 27
Stock symbol:OTCBB: HSPO
Stock price:$2.40 at close April 27

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