LAS VEGAS, NV, Dec. 13, 2017 (GLOBE NEWSWIRE) -- Momentous Entertainment Group, Inc. (“Momentous”) (OTCBB: MMEG), announced today that its wholly owned subsidiary, Nutritional Systems, Inc. (“NSI”), has executed a licensing agreement with NutraPharx LLC to market a line of proprietary patented supplements. Under the license agreement, NSI will rename, trademark and manufacture the products to initiate its own branding of a supplement line of products designed for fitness and wellness.
According to NutraPharx, LLC website, these products have previously generated over ten million dollars ($10,000,000) in sales, through various sales outlets including GNC and other sales outlets in 2005 and 2006.
The products include a patented U.S. Patent 7,074,812, “Development of Muscle Mass in a Mammal“ nutraceutical using either natural or synthetic nicotine in a patented method for substantially accelerating the development of muscle mass and strength, a and the following proprietary formulated products; a sleep aide, a product for staying awake and alert, a product for strength and stamina, and a proprietary formulated product for enhancing libido while aiding erections.
Kurt Neubauer, Momentous Entertainment Group’s CEO stated, “We are pleased to have entered into this license agreement with NutraPharx LLC. The arrangement made through the licensing agreement gives Momentous’ wholly owned subsidiary, Nutritional Systems, Inc., the rights to manufacture, rebrand and market a completely redesigned nutritional supplement line with products which have historically produced millions in revenues under other brand names. Mr. Neubauer also stated, ”We will also look for all cross marketing opportunities available to bring the newly branded products onto the nutrition supplement market as quickly as possible.”
About Momentous Entertainment Group (MMEG)
Momentous Entertainment Group, Inc. (MMEG) is a social media gaming company, ecommerce and digital media firm that focuses on providing unique and entertaining experiences for its subscribers and members on a global scale.
The Company’s strategic expansion plans are balanced between accelerating growth of its existing media and gaming properties, as well as through the acquisition of profitable and sustainable businesses that are highly complementary and accretive to MMEG’s operations.
Please note the Company may use social media to communicate with the public. This communication may include information that could be deemed material information. As a result, the Company encourages interested parties to review the information that it posts on the following social media channels: Facebook (https://facebook.com/momentousent13), Twitter (https://twitter.com/momentousent13), and LinkedIn (https://www.linkedin.com/company/15878606).
To learn more, visit Momentous Entertainment Group’s websites: Products Site www.momentousent.com, Music Site www.momentousmusic.comand Music One Corp www.music1.bizForward-Looking Statements
This press release may contain forward-looking statements, including information about management’s view of Momentous Entertainment Group Inc’s (MMEG) future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of MMEG to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents MMEG files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on MMEG’s future results. The forward-looking statements included in this press release are made only as of the date hereof. MMEG cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, MMEG undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by MMEG.