Neutra Expands Presence in Vapor Business with Acquisition
February 11th, 2014
News, Top Story
Neutra Corp. (OTCBB: NTRR), a fast-growing provider of all-natural wellness solutions, has been been conducting an exhaustive search for the right acquisition in the personal vaporizer pen and e-cig space for some time and finally pulled the trigger on Diamond Anvil Designs. The cutting-edge developer of smoke-free nutraceutical delivery systems makes customizable vapor pens that can be adapted to deliver a variety of nutraceutical substances, including dry herbs.
Read the entire press release discussing the acquisition here:
Neutra Corp. (OTCBB: NTRR), a fast-growing provider of all-natural wellness solutions, announced today that it acquired Diamond Anvil Designs (DA), a cutting-edge developer of smoke-free nutraceutical delivery systems.
Based in Los Angeles, Diamond Anvil makes customizable vapor pens that can be adapted to deliver a variety of nutraceutical substances, including dry herbs, oils and waxes. The lightweight, portable delivery systems represent a leap forward in vaporization technology thanks to customizable power levels, multi-substance vaporization capacity and best-in-class durability. NTRR also plans to include an ironclad warranty offer with each vape pen purchase.
The company’s acquisition is a major coup for NTRR as it works to expand its footprint in the rapidly growing market for smoke-free delivery systems and accessories. Soon, new and improved Diamond Anvil Designs products will be showcased at nutraceutical expos and conventions across the country.
“We’ve been conducting an exhaustive search for the right acquisition in the personal vaporizer pen and e-cig space for some time, and Diamond Anvil is the innovative business we’ve been looking for,” said NTRR CEO Sydney Jim. “Along with the brand, we’re bringing in a stable of cutting-edge products that are designed to appeal to serious nutraceutical patients seeking better, easier, and more effective treatment.”
Smoke-free delivery systems have exploded in popularity with nutraceutical users in recent years, with vaporizer pens, throat sprays, oral capsules, edibles and other innovations replacing pipes and cigarettes altogether for many patients. These breakthroughs deliver the same therapeutic effects of the herbs and extracts without the potential dangers and restrictions associated with smoking.
By providing innovative nutraceutical products and services such as the vaporizer pens being produced by DA, Neutra Corp. plans to follow in the footsteps of other successful public companies including Herbalife Ltd. (NYSE: HLF), Vitamin Shoppe (NYSE: VSI), Nutraceutical International Corp. (NASDAQ: NUTR) and mCig, Inc. (OTCBB: MCIG).
For more information on NTRR’s initiatives, please visit www.neutracorp.com.
About Neutra Corp.
Neutra Corp. is a healthy lifestyle company that specializes in the development and marketing of natural wellness solutions, including cannabis-related products. For investing information and performance data, please visit www.neutracorp.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
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