2008-08-06 08:00:00
NutriPure Beverages, Inc. Clarifies Stock Situation
NEWPORT BEACH, Calif.–(EMWNews)–NutriPure Beverages, Inc. (Pink Sheets:NUBV) announced today that
despite rumors to the contrary, NutriPure has not filed for a reverse
stock split and has no immediate plans to do so. NutriPure Chairman and
CEO Kenyatto Jones commented as follows: “It
has come to our attention that rumors are circulating on Internet chat
boards that NutriPure has filed for a reverse split of its common
shares. In fact, no such filing has been made, nor is that issue under
discussion or being contemplated at this time. These rumors have most
likely come about as a result of the large increase in the company’s
trading volume over the past week or so. We will always make decisions
based on what we feel is in the best interest of the company and its
shareholders. Our next Board meeting is scheduled for mid-September and
at that time our Board will decide what further action, if any, should
be taken in this matter. Meanwhile, we are very pleased with the recent
activity and liquidity of our stock, and are very busy with our
activities regarding XND Technologies, Inc. and Moneymaker 1 LLC. We
expect to be releasing additional information about these ventures over
the next few days.”
ABOUT NUTRIPURE BEVERAGES, INC.
NutriPure Beverages, Inc. (NUBV.PK) is bringing to market a complete
line of NU2O nutrient-enhanced bottled water
products, using a patented technology that is more efficient and less
costly than any other currently in use. This unique process adds organic
nutrients to water without adding masking flavors, colors or sweeteners,
yielding premium enhanced water products that contain no calories, no
carbohydrates, no colors and most importantly, no flavors other than
pure water. The process is further enhanced using desirable “cold-fill”
techniques, which save energy and reduce harmful, “plastic
chemical leaching” into the product. Nu2O
products will compete with currently available products such as
VitaminWater and SmartWater, and will include formulas that provide
vitamin support for general health, a diet formulation for weight
watchers, an immune booster, an energy and fitness drink, and additional
products to be announced later. NutriPure is also seeking additional
acquisitions and ventures in the “healthy
water/healthy food” industry.
For more information visit www.nutripurebeverages.com.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business of
NutriPure Beverages, Inc., which involves risks and uncertainties. The
Company’s actual future results could materially differ from those
discussed. The Company intends that such statements about the
Company’s future expectations, including future revenues and earnings,
and all other forward-looking statements be subject to the “Safe
Harbors” provision of the Private Securities Litigation Reform Act of
1995.
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