Early-stage research and development company Neutra Corp. (OTCQB: NTRR) today announced that it has terminated a proposed reverse stock split. According to the update, the company will instead focus on several potential acquisitions, currently in discussions, designed to make Neutra a more vertically integrated company capable of competing in the skyrocketing cannabidiol (“CBD”) market. “We’ve made tremendous progress this year towards our long-term goals,” Neutra CEO Sydney Jim said in the news release. “We’ve added a prominent physician to help us enter the sports nutrition and medicine markets. With the recent VIVIS acquisition, Neutra has a well-known and respected retail subsidiary. Now, VIVIS has a hemp-based CBD sports cream nearing release. Thanks to this positive, forward progress and several acquisitions now in the works, Neutra believes terminating the reverse split is in the best interest of the Company and its shareholders.”
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About Neutra Corp.
Neutra Corp. (NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals, food and drug, and environmental purification sectors are creating a new kind of world culture—one where in which consumers are demanding access to products that promote health and stave off potential health dangers. One of the nutraceutical sub-markets is the new thriving hemp-based CBD market, in which the Company intends to participate. For more information, visit the Company’s website at www.NeutraInc.com.
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