Lake Harmony, PA - According to the analysis by Market Advisors Inc., which gave (Pink Sheets: FPLF) a $7.00 price target, pet owners are spending more money on pet health care and supplies than ever before. It is estimated that $33 billion was spent on pets throughout the year in 2004. According to the American Pet Products Manufacturers Association, Inc., there are now more pets than people in the United States -- 360 million pets vs. 280 million people. This means that six out of ten U.S. households, own a pet. Cat and dog owners overwhelmingly consider their pets to be very integral parts of the family.
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Market Advisors Inc. Gives First Pet Life A Price Target of $7.00