GMND NEWS ON WEBSITE Green Mountain Development Corp Merges RNL USA into new Natural Healthcare Operating Division
Green Mountain and C. Trade Group to assist Rapid Nutrition LTD with expansion into US through RNL USA
CARLSBAD, Calif. – June 7, 2012 – Robert Brehm CEO of Green Mountain Development Corp (Pinksheet: GMND), announced the company has acquired RNL USA Limited (RNUL) and set up the wholly owned subsidiary as the first member of the new Natural Healthcare operating division. The merger negotiations were undertaken by C. Trade Group Chairman and GMND Director, Nick Kontonicolas who met with Rapid Nutrition Ltd (RNL) principals to develop the merger, rollup acquisition strategy, and public company options for RNUL. C. Trade and its affiliate network are also assisting RNL with expansion and acquisition plans in the USA through RNUL.
Rapid Nutrition Ltd has a strong presence in Australia, where it is headquartered and exports to 13 countries. They have three manufacturing facilities in India and consolidated revenues of over USD $20 million. With the successful acceptance of Rapid Nutrition products in the international markets, the company is now expanding into the US market with a public company presence via GMND’s recently created Natural Healthcare division to support the RNUL research, marketing, production and acquisition rollups.
As part of its charter, RNUL will license marketing rights for the Rapid Nutrition Ltd product line in the USA and Robert Brehm and Nick Kontonicolas will become new board members of RNUL and actively participate in developing RNUL business strategies to increase GMND shareholder value. Rapid Nutrition Executive Director and current CEO of Middle East and Asia Operations, Mr. Vaidyanathan Nateshan, will become Chief Executive Officer of RNUL.
Mr. Simon St Ledger, CEO of Rapid Nutrition, Ltd, stated, “We are very excited to become a contributing member of the Green Mountain family of companies. Apart from giving us access to a path breaking biological product line, which complements our natural products strategy, it gives us a listed platform in the US to pursue expansion plans as we deem fit.”
C Trade Group Chairman, Mr. Nick Kontonicolas commented, “We are happy to bring Leisa’s Secret, RNL’s range of weight loss products from Australia, to the states. We will also be helping the company integrate their Indian operations of 100 pharmaceutical and OTC medications into an OTC healthcare provider of significance.”
Robert Brehm stated, “We are delighted to work with Rapid Nutrition and C. Trade to bring new revenue and income sources through our new operating division in Green Mountain. This new division plans to consolidate Rapid Nutrition international manufacturing in the USA and to acquire additional natural healthcare companies synergistic with its existing product line.”
About Green Mountain Development Corp
Green Mountain Development Corp provides project development services for capital providers and technology operators and distributes licensed products related to the energy, agricultural and environmental sectors. Investors and media contact Robert Brehm at 619/488-3744 (bob@greenbizness.com) or visit the corporate website www.GreenBizness.com for updates.
About C. Trade Group
C. Trade Group, Nick Kontonicolas, President and Affiliates have interests in energy exploration and logistics, real estate, transportation and technology with affiliated offices in New York, Shanghai, California, Calgary, Athens, Jinzhou, China and Abu Dhabi. Mr. Kontonicolas can be contacted at +1 917 297-5571 or at ctradeusa@juno.com
About Rapid Nutrition
Rapid Nutrition is a natural healthcare company focused on the research, development and production of a range of life science products. The company was established on the back of its successful and proven weight loss supplement range which is exported worldwide, and now offers consumers a growing range of health and wellbeing solutions to meet existing and emerging societal health concerns, as well as a providing a number of wider services to the life sciences industry. For more information visit www.rapid-nutrition.com
