NutraLife Biosciences Inc (NLBS)

[Elcappy1]

COCONUT CREEK, FL--(Marketwired - February 10, 2017) - NutraFuels, Inc. ("NutraFuels" or "NTFU"), (OTC PINK: NTFU), today announced that it has converted all of the company's short and long-term outstanding debt and is now a debt free company.

NutraFuels is pleased to announce that it has converted approximately one million nine hundred thousand dollars, which was all of the company's existing short and long-term outstanding debt to become a debt free company. This was accomplished through the conversion of debt to equity. All of the outstanding short and long-term debt was held by the company's shareholders, which are insiders that have supported the company and its operations over last several years.

"We are pleased to announce that we are now a debt free company and thank our shareholders who believed in and supported us over the years and held the debt that are confident enough in our business model and progression over the years to now convert all of the outstanding debt into equity in our company," said Edgar Ward NutraFuels President/CEO.

https://www.otcmarkets.com/stock/NTFU/news/NutraFuels--Inc---NTFU--Becomes-a-Debt-Free-Company-and-Converts-all-of-the-Company-s-Outstanding-Short--amp--Long-Term-Debt?id=150935&b=y