COCONUT CREEK, FL, March 15, 2018 (GLOBE NEWSWIRE) -- NutraFuels Inc. (“NutraFuels” or “NTFU”), (OTC Markets OTCQB: NTFU), a producer and manufacturer of Cannabidiol (CBD) and other non-CBD nutraceutical products, is pleased to announce that it has cleared SEC Comments on its Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC). This is an important step in helping the Company to raise the necessary capital to fund its projects and expand its operations, as well as provide more transparent and reliable information to investors.
On March 2nd the Company upgraded its trading tier with OTC Markets to the OTCQB. Upgrading to the OTCQB is an efficient way to raise the Company’s profile among the investor and broker dealer communities, access greater liquidity, and trade on a recognized market, removing many of the trading restrictions placed on OTC Pink securities. The Company’s Registration Statement on Form 10 provides investors detailed information about the Company’s management, operations, including an overview of its products, business strategies, risk factors and audited financial statements.
Additionally, the Company is happy to report that demand for the Company's products is increasing, including its metered dosing Blast Cap and Nutritional Drinking Straw delivery systems that support daily health and wellness uses. Michael Anderson, the Company’s chief scientific advisor and product developer, holds patents to these technologies which have been licensed to the Company. The Company recently upgraded manufacturing equipment at its current facility in Coconut Creek, Florida. The Company’s second manufacturing facility is now under construction, in Deerfield Beach, Florida.
The Company also recently secured several customer orders for its existing CBD tinctures and CBD daily health and wellness oral sprays designed to support Energy & Focus, Sleep, Anti-Stress, Weight-Loss and Pain Relief.
“Taking steps to become a fully reporting company is yet another way that we are distinguishing ourselves from most of the marijuana and CBD public companies that report under the Alternative Reporting Standards on the OTC Pink market or go public through reverse mergers,” said Edgar Ward the CEO of NTFU. “Our Form 10 Registration Statements and ongoing SEC reporting disclosures through audited annual financial statements, auditor reviewed quarterly financial statements and all material events will provide additional transparency to our shareholders and the investment community. We are also very excited with our business development progress as described above pertaining to our existing and new products that are being developed. We are also pleased to be expanding our operations to accommodate what we believe will have market appeal based on our technology and the efficacy of our products.”
Caution Concerning Forward Looking Statements
The SEC encourages companies to disclose forward-looking information so that investors can better understand a company's future prospects and make informed investment decisions. The information on this website contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as "anticipates," "estimates," "expects," "projects," "intends," "plans," "believes" and words and terms of similar substance in connection with discussions of future operating or financial performance.
The Company's forward-looking statements are based on management's current expectations and assumptions regarding the Company's business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. The Company's actual results may vary materially from those expressed or implied in its forward-looking statements. Important factors that could cause the Company's actual results to differ materially from those in its forward-looking statements include government regulation, economic, strategic, political and social conditions and the risk factors set forth in the Company’s Form 10 Registration Statement which can be viewed at https://www.sec.gov/Archives/edgar/data/1563463/000151116418000111/nutrafuels2-20.htm
Information for the "Educated" Investor
Although there are no guarantees about the stock market or NutraFuels, Inc.’s common shares, before you invest in any security, you can help protect yourself by being an educated investor. If you are interested in NutraFuels, Inc’s common shares, we recommend that, at a minimum, you read the Company's Form 10 Registration Statement and future filings with the Securities & Exchange Commission including its 10-K, 10-Q and 8-K’s. It is also advisable to learn more about NutraFuels, Inc. and its industry through a variety of public materials. The Company's filings with the SEC are available at: http://www.sec.gov.