Early-stage research and development company Neutra
Corp. (OTCQB: NTRR) today announced that it has terminated a proposed
reverse stock split. According to the update, the company will instead focus on
several potential acquisitions, currently in discussions, designed to make
Neutra a more vertically integrated company capable of competing in the
skyrocketing cannabidiol (“CBD”) market. “We’ve made tremendous progress this
year towards our long-term goals,” Neutra CEO Sydney Jim said in the news
release. “We’ve added a prominent physician to help us enter the sports
nutrition and medicine markets. With the recent VIVIS acquisition, Neutra has a
well-known and respected retail subsidiary. Now, VIVIS has a hemp-based CBD
sports cream nearing release. Thanks to this positive, forward progress and
several acquisitions now in the works, Neutra believes terminating the reverse
split is in the best interest of the Company and its shareholders.”
To view the full press release, visit http://ibn.fm/GjpUA
About Neutra Corp.
Neutra Corp. (NTRR) is an early-stage research and
development company with a focus on bringing modern healthy living solutions to
a multibillion-dollar market. Cutting-edge technologies within the
nutraceuticals, food and drug, and environmental purification sectors are creating
a new kind of world culture—one where in which consumers are demanding access
to products that promote health and stave off potential health dangers. One of
the nutraceutical sub-markets is the new thriving hemp-based CBD market, in
which the Company intends to participate. For more information, visit the
Company’s website at www.NeutraInc.com.
NOTE TO INVESTORS: The latest news and updates
relating to NTRR are available in the company’s newsroom at http://ibn.fm/NTRR
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