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SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2013
Subsequent Events [Abstract]  
NOTE 12 - SUBSEQUENT EVENTS

On July 17, 2013, the Company held its 2013 annual meeting of shareholders. At the meeting, the shareholders approved, among other proposals, (i) a proposal to reverse split the Company’s common stock at a ratio of not less than 1-for-10 and not greater than 1-for-40, with the exact ratio to be determined by the Board of Directors in connection with a potential uplisting to a national exchange; and (ii) an amendment to the Company’s Articles of Incorporation to change our name from Bond Laboratories, Inc. to FitLife Brands, Inc. Acting on authority provided by shareholders, the Company currently intends to amend the Articles to change the name of the Company, and consummate the reverse split based on a ratio to be determined by the Board of Directors, following compliance with Rule 10b-17 under the Securities Exchange Act of 1934, as amended, which requires notice to FINRA regarding the proposed name change and reverse split.

 

In accordance with the Subsequent Events Topic of the FASB ASC 855, we have evaluated additional subsequent events, and have determined that no additional subsequent events are reasonably likely to impact the financial statements other than as set forth above.