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NutriPure Beverages, Inc. Names New CFO; Prepares for Potential Move to Higher Exchange
Feb 28, 2008 08:30:00 (ET)
SCOTTSDALE, Ariz., Feb 28, 2008 /PRNewswire-FirstCall via COMTEX/ -- NutriPure Beverages, Inc. (Pink Sheets: NUBV) announced today that it has named Sherry M. Tapp as its new Chief Financial Officer and is taking additional steps to prepare the company for possible moves to either a fully-reporting pink sheets company or to a higher exchange.
Ms. Tapp was educated at Hamburg University in Germany and has more than 20 years of accounting experience in a wide area of settings. For the past three years she has served as a Budget Financial Analyst for K. Hovnanian Enterprises, Inc. in Mesa, AZ, where she handled Sarbanes-Oxley, Month-End, property tax accrual for over 2,000 lots, and quarterly budgets for a Fortune 500 client.
Steve Nickolas, CEO and President of NutriPure Beverages, Inc. commented, "We are very pleased that Ms. Tapp has joined the company as its new CFO. Ms. Tapp was chosen after a careful and extensive selection process and we are very confident that she is the perfect choice to fill this very important position. Ms. Tapp will play a key role in next few months as we prepare for our upcoming annual audit and begin production and distribution of our Nu2O product line."
COMMENTARY
Mr. Nickolas went to say, "This is a very exciting time in terms of NutriPure's corporate development. We are positioning the company into a very strong situation in terms of financial reporting and trading options. Last year the company completed fully audited financials for fiscal year 2006, our auditors for fiscal year 2007 are in place, and we expect to be caught up and current with all 2007 quarterly audits as well as our year-end 2007 audit very soon. Once the company's final 2007 audits have been completed, we will reassess all our options and select which reporting status and which exchange will be in the best interest of the company and its shareholders. This could include continuing as a regular pink sheets company, remaining on the pink sheets as a fully reporting company, or moving to a different exchange entirely. We see all these options as viable and exciting and will make our final decision based on the market factors at that time, as well as the company's current needs and development. Either way, we look forward to 2008 as a banner year for NutriPure Beverages, Inc."
ABOUT NUTRIPURE BEVERAGES, INC.
NutriPure Beverages, Inc. (NUBV.PK)) has been working to produce and distribute a line of nutrient-enhanced bottled water products that contain no calories, no carbohydrates, no colors and most importantly, no flavors other than pure water, and does this using a patented process that is more efficient and less costly than others currently in use. This concept is unique because no other producer adds organic nutrients without also adding masking flavors, colors or sweeteners. NutriPure has redirected its entire efforts to the premium bottled water industry and intends to market a full line of nutrient-enhanced water products to compete with currently available products such as VitaminWater and SmartWater. Initial products are expected to include those enhanced to provide vitamin support for general health, a diet formulation for weight watchers, an immune booster, an energy and fitness drink, and others. The company is also in the final stages of negotiations for the acquisition of assets for a second water company, and a further announcement regarding that transaction is expected very soon.
For more information call (949) 376-4846 or visit http://www.nutripurebeverages.com (a new website reflecting the company's new name will be released shortly).
Caution Regarding Forward-Looking Statements: This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results which are not yet available. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, the integration of acquisitions, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
posted
Did you guys get filled at .0001 ? I had an order in for the last 2 days to try to average down on this, and no luck with the fill.
Posts: 681 | Registered: Feb 2008
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posted
No. I got in at .0002 Well see what happens from here. Anyone have any ideas on this one?
Posts: 43 | From: Michigan | Registered: Jan 2007
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took my buy at .0001 off I got a little shaky....Looks like a RS to me. I think we need an update on the OS
Posts: 1104 | Registered: Dec 2005
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Well, if their PRs and e-mails have any truth to them what-so-ever, I sure hope a RS isn't in order.
Posts: 681 | Registered: Feb 2008
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I don't think that the PR's have mentioned any R/s . As far as emails I believe that the ones I have read (if real) say that they are not thinking about one RIGHT NOW. Since that time billions of more shares have been flooding into the market.
Posts: 1104 | Registered: Dec 2005
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News for 'NUBV' - (NutriPure Beverages Inc. Removes Steve Nickolas as Officer & Director)
SCOTTSDALE, Ariz., March 6, 2008 /PRNewswire-FirstCall via COMTEX/ -- NutriPure Beverages, Inc. (Pink Sheets: NUBV) announced today that the by a vote of the shareholders Steve Nickolas has been removed from all his positions as officer and director of the Company effective Wednesday, March 5, 2008. Luke Zouvas, the Company's SEC attorney, has been named interim CEO and sole member of the Board of Directors. More information will be released shortly.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
SOURCE NutriPure Beverages, Inc.
Posts: 681 | Registered: Feb 2008
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I bet he is still involved but they are setting up new personnel so that they can claim "the prior management made mistakes and now we have to do a R/S" That is what is coming here
Posts: 1104 | Registered: Dec 2005
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me too for your guys sake but until they put something in a PR about their direction as relates to stock price I think you have to stay away from this one. Don't you agree that the last PR is a perfect setup for a R/S?
Posts: 1104 | Registered: Dec 2005
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I agree (still hope that isn't the case, of course), but I am sitting on millions of shares, and was only hoping to break even at this point, as I bought in too high.
I am averaged down to .0005 right now, and I was thinking about trying to order a bundle at .0002 just to average down more, but then I worry I won't be able to sell at .0003.
I have a sell order for .0003 in the system since 10am this morning (through Etrade) and not a single share has sold
Posts: 274 | From: Germantown, MD | Registered: Sep 2005
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i also use etrade,and i have a bid in for 0.0002,which it has done a number of times.And i havent yet got my bid ,i am wondering if there is something wrong with etrade.And yesterday i had another bid in for another stock ,and i didnt get that either ,even though it went to that price a few times yesterday
Posts: 33 | From: manhatten nyc | Registered: Feb 2008
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I use scottrade and had 5mil shares for sale for the last 2 days and havent sold a one. I called the contact number and asked the guy that asnwered the phone if the letting go of the named party in the news brief would affect the production time and he said " ahhhh ah not that I know of" so I said ok and sold all my shares at .0002. lucky for me i purchased at .0001. I had hope for this stock but i thinkits not going to go any place I dont understand it will trade millions of shares at 2 then millions at 3 and millions at 1 but when i try to buy at 1 no go or sell at 3 no go but when i sold at 2 its was gone in under 2 seconds.
Posts: 211 | From: MN | Registered: Mar 2008
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I also was unable to get any orders filled at .0001 when I was trying (maybe a week ago or so).
Posts: 681 | Registered: Feb 2008
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News for 'NUBV' - (NutriPure Beverages, Inc. Reports Correction re: Hiring of Recent Consultant)
SCOTTSDALE, Ariz., March 10, 2008 /PRNewswire-FirstCall via COMTEX/ -- NutriPure Beverages, Inc. (Pink Sheets: NUBV) announced today that it has retracted a portion of a previous press release dated February 28, 2008 in which it stated that the company had named Sherry M. Tapp as its new Chief Financial Officer. This information had been erroneously provided by NutriPure's previous CEO, Steve Nickolas. The company has now clarified that Ms. Tapp was hired as a consultant only and never assumed the position of CFO. Ms. Tapp has now resigned from her consulting position and is no longer associated with the company in any way.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Contact: Luke Zouvas, CEO
NutriPure Beverages, Inc.
lzouvas*apzlaw.com
(619) 688-1715
SOURCE NutriPure Beverages, Inc.
Posts: 681 | Registered: Feb 2008
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i put a bid in for 0.0001.It hit 0.0003 today so,that would mean if it dose that again it will sell for 0.0002 with no problem,when thats the bid price
Posts: 33 | From: manhatten nyc | Registered: Feb 2008
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I just got off the phone with ted and asked him if the beverage was still set for production this summer he said NO so this should be a warning to get out if your still in.
-------------------- "The Stock Market Roller Coaster is my favorite ride at the park" Posts: 211 | From: MN | Registered: Mar 2008
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thanks, i was going to place a bid for 0.0001 today.But since you posted your post,that ends any reason for me to even think about this stock,thanks again
Posts: 33 | From: manhatten nyc | Registered: Feb 2008
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