SUWN has the money. per the 3-26-07 PR:
"$4.125 million private placement of common stock at $0.42 per share. The purchasers were issued a warrant to purchase an additional share of common stock at $0.65 for each common share issued in the offering. Sunwin intends to use the proceeds to expand its marketing efforts worldwide, including the Company's recently launched subsidiary in the U.S. for the sale of its proprietary blend of Stevia, branded as "Only Sweet."
i believe that jeffrey reynolds, the CEO of sunwin int neutraceuticals has the experience to make OnlySweet a success. per the 10-10-05 PR:
"Mr. Reynolds started his career with Procter & Gamble as a unit sales manager, working with such products as Tide, Dawn, and Cascade. Mr. Reynolds was the youngest regional manager in the country for Nestle Foods Company. He was responsible for managing over $350 Million in sales in the confections category in the non-grocery trade class nationally. He also created and implemented the national NBA Crunch Time Player of the Year Program in coordination with Nestle and the NBA."
Recent SUWN News
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