SOURCE: NutraFuels, Inc.

NutraFuels, Inc.

December 08, 2016 10:22 ET

NutraFuels, Inc. (NTFU) Provides 3rd Quarter Financials and Shareholder Update

NutraFuels Inc. ("NutraFuels" or "NTFU"), (OTC PINK: NTFU), posts Third Quarter Results of $38,807.00 in Revenue as the Company Experiences New Business and Product Development

COCONUT CREEK, FL--(Marketwired - December 08, 2016) - NutraFuels, Inc. (OTC PINK: NTFU) today announced financial results for its fiscal 2016 third quarter ended September 30, 2016. The company posted year to date revenue of $260,001.00, up 111.2% from the same period last year. Year to date GAAP net loss was $657,000.00, or ($0.02) per diluted share, down 63% from 2015 loss. Year to date GAAP Gross Margin of $153,000.00 up 769% year-over-year.

Q3 2016 Sales are up 111.2% over Q3 2015.

Q3 2016 Gross Margin is up 769% over Q3 2015.

Q3 2016 G&A is down 52% from Q3 2015.

Q3 2016 Loss from Operations is down 63% from Q3 2015.

Q2 2016 Net Loss is down 51% from Q2 2015.

2016 year to date cash used by operations is down 36% from 2015 year to date.

2016 year to date cash provided by financing activities is down 32% from 2015 year to date.

New debt down $123,000 or 33% and sale of stock up $239,000 or 133%.

Company Update

NTFU completed a series of production runs for both its in house brands and private label business. NTFU's products are now being marketed, distributed and offered to customers internationally. NTFU is launching multiple products and brands through various platforms including Amazon which markets and distributes our in house brand NutraSpray and private label brand NutraXT along with My Daily Choices international network marketing platform and Journey Health USA's international network marketing platform. NTFU plans to continue to implement targeted marketing and advertising campaigns to develop its brand awareness and target customers on an international level.

NutraFuels Inc.: Corporate Parent Company

NutraSpray: in house products being sold on Amazon

  • Sleep Support (sleep support oral spray)
  • Weight-Loss (appetite control/weight management oral spray)
  • Spa Treatment (health hair, skin & nail support)

My Daily Choice: private labeled products being sold internationally

  • Boost (energy and focus support oral spray)
  • Peak (wellness recovery support oral spray)
  • Shield (immune support oral spray)
  • Trim 365 (appetite control/weight management oral spray)
  • Sleep (sleep support oral spray)
  • Brain (advanced brain nutrition support oral spray)

NutraXt: private labeled products being sold on Amazon

  • SparkX (energy and focus support oral spray)
  • DreamX (sleep support oral spray)
  • SlimX (appetite control/weight management oral spray)
  • RiseX (male healthy libido support oral spray)

Journey Health USA: private labeled products being sold internationally

  • E-Z Health (multi vitamin daily support oral spray)
  • E-Z Beauty (health hair, skin & nail support)
  • E-Z Sleep (sleep support oral spray)
  • Ignite (male healthy libido support oral spray)

New Product Development

NTFU has completed extensive research and development of several new Oral Spray products containing industrial hemp CBD rich oil. These products are hybrid formulas catering to several uses and wellness applications.

NutraHemp in house brand - industrial hemp CBD rich Oral Spray formulas

  • Pain (natural anti-inflammatory support oral spray)
  • Sleep (sleep support oral spray)
  • Anti-Stress Relaxation (non-drowsy calming and relaxation support oral spray)
  • Daily Wellness (daily health and wellness support oral spray)

HempGenix private labeled products - industrial hemp CBD rich Oral Spray formulas

  • Pain (natural anti-inflammatory support oral spray)
  • Sleep (sleep support oral spray )
  • Anti-Stress Relaxation (non-drowsy calming and relaxation support oral spray)
  • Daily Wellness (daily health and wellness support oral spray)

"We have made progress this quarter," said Edgar Ward, Nutrafuels's CEO. "We are strategically executing our game plan, and we are seeing a positive reaction to the launch of our in house brands along with increased production demand from our private label business. As we move forward with additional new innovative formulas and products we remain focused on producing and distributing high quality daily health and wellness products to help improve the quality of life through naturally derived efficient and effective supplementation."

About NutraFuels, Inc.

NTFU was founded in 2010, to manufacture, distribute and market a line of oral spray nutritional dietary products to consumers, retailers and wholesale outlets. Oral spray delivery systems are recognized by many as an effective methodology for delivery of pharmaceutical and nutraceutical products. Oral spray delivery is recognized by consumers for its convenience, dosage precision and timely assimilation into the body. NTFU's product line consists of vitamins and nutrients in an aqueous solution, orally delivered through a non-aerosol pump. NTFU's products are sprayed into the mouth in the form of a fine mist entering the delicate tissue of the mouth. The nutrients are delivered into the bloodstream and assimilated throughout the body more quickly than traditional methods, avoiding the solubility and absorption problems common with most ingested vitamins and nutritional supplements in pill or capsule form. For more information please visit our corporate website.

Safe Harbor

This press release contains forward-looking statements, particularly as related to, among other things, the business plans of NutraFuels, Inc statements relating to goals, plans and projections regarding the NutraFuels' financial position and business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think", "considers" or similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing, competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. NutraFuels cautions readers not to place undue reliance on such statements. NutraFuels does not undertake, and NutraFuels specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from NutraFuels' expectations and estimates.

Contact Information

  • Company Contact:
    NutraFuels, Inc.
    6601 Lyons Road, Suite L-6
    Coconut Creek, FL 33073
    Telephone: 754-227-5692

    NutraFuels Legal Counsel:
    Hamilton & Associates Law Group P.A.
    101 Plaza Real South, Suite 202 North
    Boca Raton, Florida 33432
    Telephone: (561) 416-8956
    Facsimile: (561) 416-2855