Nutroganics, Inc. (NUTT) Announces Increased Financing Commitment From Crestmark Bank

(firmenpresse) - BETHESDA, MD -- (Marketwired) -- 10/24/14 -- Nutroganics, Inc. ("") (PINKSHEETS: NUTT) announced today that has increased its total financing commitment to $1.3 million to support Nutroganics' wholly owned subsidiaries and .

"We are pleased that Crestmark Bank has chosen to further increase its commitment to Nutroganics," said CEO David Sackler. "We believe that this increased commitment enhances our ability to support our GROWING customer demand."



. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns , a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.

For more information, contact David Sackler at or (240) 223-1000.



This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics' actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.



Contact:

David Sackler

240-223-1000

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Bereitgestellt von Benutzer: Marketwired
Datum: 24.10.2014 - 13:00 Uhr
Sprache: Deutsch
News-ID 346783
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