NUBV News NutriPure Beverages, Inc. Buys Back 2.2 Billion Sh...
Wednesday, June 25, 2008 9:01 AM
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News for 'NUBV' - (NutriPure Beverages, Inc. Buys Back 2.2 Billion Shares of Company Stock)
SAN DIEGO, Jun 25, 2008 (BUSINESS WIRE) -- NutriPure Beverages, Inc. (Pink
Sheets:NUBV) announced today that the company has repurchased and is returning
to treasury 2.2 billion shares of its common stock, representing approximately
25% of the company's total outstanding shares. According to CEO Ken Jones,
"These transactions are an integral part of the restructuring of NutriPure's
relationship with XND Technologies, which we believe will benefit our
shareholders by both firming up the price of our stock and providing us with
much more flexibility in the market place. This will also allow us to accelerate
the scheduled release of our highly anticipated NU(2)O product line, and we
expect to be releasing more exact information about that over the few weeks."
ABOUT NUTRIPURE BEVERAGES, INC.
NutriPure Beverages, Inc. (Pink Sheets:NUBV) is bringing to market a complete
line of nutrient-enhanced bottled water products under the NU(2)O label. These
products are created 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.
The company intends to market a full line of Nu(2)O nutrient-enhanced water
products which will compete with currently available products. Nu(2)O products
will include those 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.
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.
SOURCE: NutriPure Beverages, Inc.
CONTACT: NutriPure Beverages, Inc.Ken Jones, CEO, 866-202-5256
Copyright Business Wire 2008
-0-
KEYWORD: United States
North America
California
INDUSTRY KEYWORD: Health
Fitness & Nutrition
Retail
Food/Beverage
SUBJECT CODE: Stock Sale/Buyback
Source: Comtext Market News
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