David Sackler, Nutroganics’ President & CEO, said, "We are pleased to announce this first step in increasing the disclosure and transparency of the operations and performance of Nutroganics to our public shareholders. We plan to take additional steps in the future, consistent with our goal of building Nutroganics into a listed company over the next 2-4 years."
Nutroganics also announced today that its revenue for both April and May 2014 exceeded $500,000 each month after including the recently announced acquisition of NuStar Manufacturing. The company believes that revenue will increase further in the second half of 2014.
Nutroganics acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution.
Nutroganics owns Silverbow Honey Company, 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, http://www.nutroganics.com/.