Posts

HEMP-DERIVED CBD STOCKS

Sales of legal marijuana including hemp-derived CBD products are expected to skyrocket 145% in the next four years taking the industry from $10 billion last year to $24.5 billion by 2021 according to moneymorning.com. It’s not surprising given this information that some investors are focusing on CBD stocks.

According to Project CBD, CBD is a cannabis compound that does not make people feel “stoned”. Currently, CBD is enjoying a surge in popularity. Some investors are looking for CBD companies offering products made from CBD such as oils, topical treatments, and oral sprays.

NutraFuels, Inc., a CBD Stock company manufactures and distributes a line of CBD-based nutraceutical products. They are dedicated to bringing the highest quality, most beneficial, effective nutrients and delivery systems to the market. With over 35 years experience in nutritional supplementation, NutraFuels knows the importance of products that are natural and highly effective in maintaining one’s healthy lifestyle.

“We are preparing for an increase in business as we see the demand for CBD products growing,” said Edgar Ward, CEO, and President of NutraFuels, Inc. “We want to get our nutraceutical products in the hands of as many people as possible because we believe that we have some of the best products and manufacturing processes available in today’s CBD market.”

NutraFuels is also a fully-reporting CBD company with a class of securities registered with the SEC and can be found under stock symbol NTFU. In 3 years, Nutrafuels has seen an incredible increase in earnings, from $250K in 2016 to $3 million (projected) in 2018. As the demand for CBD products continues to grow, NutraFuels is prepared to increase its  production and CBD stock and inventory to meet demand it expects from future passage of the Farm Bill. The Farm Bill holds potential promising news for CBD Stocks and CBD manufacturers and distributors like NutraFuels. CBD Stock companies are anxiously awaiting updates on the passage of the Farm Bill.


NutraFuels Inc. is a nutraceutical company with a line of CBD-infused products known by its in-house brand, NutraHempCBD. Using premium CBD hemp oil, its formulations are designed to promote overall health and wellness.  NutraFuels, Inc is a fully reporting company with a class of securities registered with the U.S. Securities & Exchange Commission (“SEC”). As reported in its Form 8-K filed with the SEC on November 13, 2018, NTFU recently announced its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017. NTFU’s filings with the SEC can be viewed at www.sec.gov. NTFU’s CBD products and information about the company’s direct sales program can be found online at www.nutrahempcbd.com and by following the company on Instagram.

* These statements have not been evaluated by the Food and Drug Administration.
* This product is not intended to diagnose, treat, cure or prevent any disease.

Forward Looking Statements

This communication contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as “may,” “will,” “except,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. The Company has based these forward-looking statements largely on the Company’s current expectations and projections about future events and financial trends that the Company believes may affect Company’s financial condition, results of operations, business strategy, and financial needs. There is no assurance that Company’s current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled “Risk Factors,” in the Company’s Annual Report on Form 10-K with the Securities and Exchange Commission on  April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.

NutraFuels, Inc. (NTFU), Announces Third Quarter 2018 Results

To read this press release on OTCMarkets.com visit:

NutraFuels, Inc. (NTFU), Announces Third Quarter 2018 Results

COCONUT CREEK, Fla., Nov. 14, 2018 (GLOBE NEWSWIRE) — NutraFuels, Inc. (“NTFU” or the “Company”), a manufacturer and distributor of CBD and nutritional spray products and tinctures, announces its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017.

NUTRAFUELS, INC.
Condensed Consolidated Statements of Operations
(Unaudited)

For the Three Months Ended For the Nine Months Ended
September 30, 2018 September 30, 2017 September 30, 2018 September 30, 2017
Revenue $ 1,062,146 $ 652,385 $ 2,870,462 $ 1,029,727
Cost of sales   775,191   334,699   1,503,468   617,958
Gross Profit 286,955 317,686 1,366,994 411,769
OPERATING EXPENSES:
Sales, advertising and promotion 139,890 266 178,064 51,151
Officer salaries 87,000 25,000 239,000 221,330
Noncash compensation 183,453 8,493,180 1,167,290 19,134,686
General and administrative expenses 547,956 308,226 1,190,180 815,035
Depreciation expense   10,824   17,622   96,852   50,841
Total operating expenses   969,123   8,844,294   2,871,386   20,273,043
LOSS FROM OPERATIONS (682,168 ) (8,526,608 ) (1,504,392 ) (19,861,274 )
OTHER INCOME AND (EXPENSE)
Other income 8,928 12,537
Other expense (10,407 ) (10,407 )
Gain on settlement of debt 717
Induced debt conversion loss (18,004 ) (3,117,125 )
Finance costs (24,030 )   (24,030 )
Interest expense   (9,450 )   (583 )   (9,937 )   (224,530 )
Total other income (expense)   (34,959 )   (583 )   (49,841 )   (3,340,677 )
Net loss before income taxes (717,127 ) (8,527,191 ) (1,554,233 ) (23,202,212 )
Income tax expense   –   –   –   –
Net loss $     (717,127 ) $   (8,527,191 ) $     (1,554,233 ) $   (23,202,212 )
Loss per weighted average common
share – basic and diluted $ (0.01 ) $ (0.12 ) $ (0.02 ) $ (0.33 )
Number of weighted average common
shares outstanding – basic and diluted 88,635,101 73,403,796 85,997,383 70,266,530

NUTRAFUELS, INC.
Condensed Consolidated Balance Sheets

 

 

ASSETS September 30, 2018 December 31, 2017
(Unaudited)
CURRENT ASSETS
Cash and cash equivalents $ 210,190 $ 172,948
Accounts receivable, net 20,537
Inventory 429,605 162,194
Prepaid expenses and other current assets 164,856 332,460
Total current assets 825,188 667,602
PROPERTY AND EQUIPMENT
Furniture, fixtures and equipment 1,251,293 425,005
Leasehold improvements 422,105 154,842
Total property and equipment 1,673,398 579,847
Less accumulated depreciation (390,168 ) (293,317 )
Property and equipment, net 1,283,230 286,530
Total Assets $ 2,108,418 $ 954,132
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable $ 292,401 $ 87,504
Accrued expenses 421,602 206,105
Customer deposits 202,832
Current portion of capital leases 959
Liability for shares to be issued 74,637
Total current liabilities 992,431 293,609
LIABILITIES
Capital leases, net of current portion 18,220
Convertible note, net of unamortized discount of $299,495 and $0 80,504
Total liabilities 1,091,155 293,609
STOCKHOLDERS’ EQUITY
Preferred stock, $0.0001 par value, authorized 10,000 shares; 1,000 shares issued and outstanding
Common stock, $0.0001 par value, authorized 499,990,000 shares; 90,067,069 and 81,448,561 issued and outstanding shares 9,007 8,144
Additional paid-in capital 35,321,409 33,411,300
Accumulated deficit (34,313,153 ) (32,758,921 )
Total stockholders’ equity 1,017,263 660,523
Total Liabilities and Stockholders’ Equity $ 2,108,418 $ 954,132

Forward Looking Statements

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as “may,” “will,” “except,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. NutraFuels, Inc. (“NTFU” or the “Company”) has based these forward-looking statements largely on the Company’s current expectations and projections about future events and financial trends that the Company believes may affect Company’s financial condition, results of operations, business strategy and financial needs. There is no assurance that Company’s current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company’s filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the Section entitled “Risk Factors,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017 filed with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.

NutraFuels (NTFU) Now a Fully Reporting Company in the CBD & Nutraceutical Markets

To read this press release on OTCMarkets.com visit:

NutraFuels (NTFU) Now a Fully Reporting Company in the CBD & Nutraceutical Markets

COCONUT CREEK, FL, March 15, 2018 (GLOBE NEWSWIRE) — NutraFuels Inc. (“NutraFuels” or “NTFU”), (OTC Markets OTCQB: NTFU), a producer and manufacturer of Cannabidiol (CBD) and other non-CBD nutraceutical products, is pleased to announce that it has cleared SEC Comments on its Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC). This is an important step in helping the Company to raise the necessary capital to fund its projects and expand its operations, as well as provide more transparent and reliable information to investors.

On March 2nd the Company upgraded its trading tier with OTC Markets to the OTCQB. Upgrading to the OTCQB is an efficient way to raise the Company’s profile among the investor and broker dealer communities, access greater liquidity, and trade on a recognized market, removing many of the trading restrictions placed on OTC Pink securities. The Company’s Registration Statement on Form 10 provides investors detailed information about the Company’s management, operations, including an overview of its products, business strategies, risk factors and audited financial statements.

Additionally, the Company is happy to report that demand for the Company’s products is increasing, including its metered dosing Blast Cap and Nutritional Drinking Straw delivery systems that support daily health and wellness uses. Michael Anderson, the Company’s chief scientific advisor and product developer, holds patents to these technologies which have been licensed to the Company. The Company recently upgraded manufacturing equipment at its current facility in Coconut Creek, Florida. The Company’s second manufacturing facility is now under construction, in Deerfield Beach, Florida.

The Company also recently secured several customer orders for its existing CBD tinctures and CBD daily health and wellness oral sprays designed to support Energy & Focus, Sleep, Anti-Stress, Weight-Loss and Pain Relief.

“Taking steps to become a fully reporting company is yet another way that we are distinguishing ourselves from most of the marijuana and CBD public companies that report under the Alternative Reporting Standards on the OTC Pink market or go public through reverse mergers,” said Edgar Ward the CEO of NTFU. “Our Form 10 Registration Statements and ongoing SEC reporting disclosures through audited annual financial statements, auditor reviewed quarterly financial statements and all material events will provide additional transparency to our shareholders and the investment community. We are also very excited with our business development progress as described above pertaining to our existing and new products that are being developed. We are also pleased to be expanding our operations to accommodate what we believe will have market appeal based on our technology and the efficacy of our products.”

Caution Concerning Forward Looking Statements

The SEC encourages companies to disclose forward-looking information so that investors can better understand a company’s future prospects and make informed investment decisions. The information on this website contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often include words such as “anticipates,” “estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and words and terms of similar substance in connection with discussions of future operating or financial performance.

The Company’s forward-looking statements are based on management’s current expectations and assumptions regarding the Company’s business and performance, the economy and other future conditions and forecasts of future events, circumstances and results. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. The Company’s actual results may vary materially from those expressed or implied in its forward-looking statements. Important factors that could cause the Company’s actual results to differ materially from those in its forward-looking statements include government regulation, economic, strategic, political and social conditions and the risk factors set forth in the Company’s Form 10 Registration Statement which can be viewed at https://www.sec.gov/Archives/edgar/data/1563463/000151116418000111/nutrafuels2-20.htm

Information for the “Educated” Investor

Although there are no guarantees about the stock market or NutraFuels, Inc.’s common shares, before you invest in any security, you can help protect yourself by being an educated investor. If you are interested in NutraFuels, Inc’s common shares, we recommend that, at a minimum, you read the Company’s Form 10 Registration Statement and future filings with the Securities & Exchange Commission including its  10-K, 10-Q and 8-K’s. It is also advisable to learn more about NutraFuels, Inc. and its industry through a variety of public materials. The Company’s filings with the SEC are available at: http://www.sec.gov.