NutriPure Beverages, Inc. Delivers Initial Funding for "Fast Tracking" of Inka Grill Franchising Systems Rollout.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- NutriPure Beverages, Inc. (Pink Sheets: NUBV), reported today that NutriPure has completed its first installment of funding for its wholly-owned subsidiary Inka Grill Franchising Systems (IGFS IGFS International Gravity Field Service (International Association of Geodesy) ), which it just acquired on August 12, 2008. NutriPure CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Kenyatto Jones explained, "We are very pleased that we were able to deliver this initial tranche of funding more quickly than we originally planned. The Inka Grill project has been fast-tracked by its franchising partner, Francorp, Inc., and stepping up the funding schedule will allow IGFS to maintain its planned rollout schedule without missing a beat. We believe that the Inka Grill franchise will be a huge success and we are eager to initiate franchise sales as soon as possible." ABOUT NUTRIPURE BEVERAGES, INC. NutriPure Beverages, Inc. is focused on growth and diversification in the healthy food / healthy water industries. NutriPure currently owns two subsidiaries that operate independently and synergistically syn·er·gis·tic adj. 1. Of or relating to synergy: a synergistic effect. 2. Producing or capable of producing synergy: synergistic drugs. 3. : XND Technologies, Inc., which is bringing to market a complete line of nutrient-enhanced bottled using a revolutionary patented cold-filling process that enables the adding of organic nutrients while retaining the appearance and taste of pure water; Inka Grill Franchise Systems, which is franchising a highly successful Peruvian restaurant concept in partnership with franchising leader Francorp, Inc. NutriPure also has signed an LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items to acquire Jayger International, Ltd., an import/export company with strong ties and long-term relationships in Asian markets. For more information, visit www.nutripurebeverages.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: This release contains forward-looking statements with respect to the results of operations and business of NutriPure Beverages, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. |
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