NutraFuels, Inc. (OTC Pink: NTFU) is a health and wellness company, which focuses on its product line of proprietary oral spray nutritional supplements. Using the same oral spray technology, the company has increasingly pushed into the medical marijuana business. Shares of the health company are rallying 10.76% on Tuesday, March 28, 2017. Over the past month, NutraFuels, Inc. has seen average daily volume of 73,850 shares. However, volume of 92,119 shares or dollar volume of $80,604, has already exchanged hands during early trading Tuesday.
Shares of NutraFuels, Inc. are gaining Tuesday, after the company announced that it has received multiple purchase orders for its CBD nutraceutical products. The brand, NeutraHempCBD, will come in a variety of liquid delivery systems, such as: oral spray, tincture drops, and drink shots. Here is the full press release detailing of the purchase orders:
NutraFuels, Inc. Press Release:
COCONUT CREEK, FL–(Marketwired – March 28, 2017) – NutraFuels, Inc. (“NutraFuels” or “NTFU”) (OTC PINK: NTFU) today announced that the company has secured multiple purchase orders from various entities to manufacture Hemp derived CBD rich nutraceutical products. The company will utilize its optimal nutrient delivery systems that include Oral Sprays, Tincture Drops, and Drink Shots.
The company has begun production for its in house brand NeutraHempCBD and is now in the process of producing several different SKU’s under multiple brands. These products will support various health and wellness uses such as Sleep Support, Pain Relief, Anti Stress, Energy & Focus, and Weight Loss to name a few.
The increased orders are a result of preexisting customers’ reorders and new business development expansion. The company is now taking necessary steps to increase its manufacturing capacity, due to the current demand and interest in the HEMP derived CBD market. NutraFuels’ unique delivery systems support maximum absorption of nutrients into the human body providing an experiential product that caters to daily health and wellness needs.
“We are pleased that we remain on track with our projected growth and are on our way to becoming a leading manufacturer and distributer within the dietary supplement/Nutraceutical sector. This will allow us to continue building a fundamentally sound organization in the thriving preventive health and wellness industry. We are committed to providing high-quality effective products to customers and by partnering with other like-minded companies, we can penetrate the consumer marketplace and distribute our products on a global scale,” said Edgar Ward, NutraFuels President, CEO.
About NutraFuels, Inc.
NTFU was founded in 2010, to manufacture, distribute and market a line of oral spray nutritional dietary products to consumers, retailers and wholesale outlets. Oral spray delivery systems are recognized by many as an effective methodology for delivery of pharmaceutical and nutraceutical products. Oral spray delivery is recognized by consumers for its convenience, dosage precision and timely assimilation into the body. NTFU’s product line consists of vitamins and nutrients in an aqueous solution, orally delivered through a non-aerosol pump. NTFU’s products are sprayed into the mouth in the form of a fine mist entering the delicate tissue of the mouth. The nutrients are delivered into the bloodstream and assimilated throughout the body more quickly than traditional methods, avoiding the solubility and absorption problems common with most ingested vitamins and nutritional supplements in pill or capsule form.
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of NutraFuels, Inc. statements relating to goals, plans and projections regarding the NutraFuels’ financial position and business strategy. The words or phrases “would be,” “will allow,” “intends to,” “may result,” “are expected to,” “will continue,” “anticipates,” “expects,” “estimate,” “project,” “indicate,” “could,” “potentially,” “should,” “believe,” “think”, “considers” or similar expressions are intended to identify “forward-looking statements.” These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. NutraFuels cautions readers not to place undue reliance on such statements. NutraFuels does not undertake, and NutraFuels specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from NutraFuels’ expectations and estimates.