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LTSN big news out LTS Nutraceuticals Holds Talks

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Post# of 99222
(Total Views: 298)
Posted On: 03/27/2017 9:46:42 AM
Posted By: i_like_bb_stock
LTSN big news out
LTS Nutraceuticals Holds Talks About Joint Venture With Manufacturer
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New Jersey -- March 27, 2017 -- InvestorsHub NewsWire -- LTS Nutraceuticals, Inc., (OTC:LTSN) a health and wellness products holding company, (www.ltsnutraceutical.com) today announced that they have held talks with an FDA approved nutraceutical manufacturer regarding an joint venture.

LTS Nutraceuticals representatives have held these talks in recent weeks with representatives of the manufacturer regarding a joint venture of their in house retail brands that are marketed in Europe, Canada and the United States.

The talks were productive, the deal being considered is LTS will take over the day to day operations of the manufacturers retail brands (the manufacturers core business is wholesale) with an equal fifty fifty ownership stake for both parties. LTS will handle all sales, marketing and administrative requirements while the manufacturer will handle all production and distribution from their 25,000 square foot plant located in New York. The company also discussed acquiring up to forty nine percent of the manufactures business and production facility.

The company will announce the joint venture partner, product line and brands upon completion of all due diligence and executed agreements. For additional company announcements and updates please visit our official Twitter or Facebook accounts.

About LTS Nutraceuticals Inc.

Headquartered in Hoboken, NJ, LTS Nutraceuticals, Inc. is a health and wellness holding company engaged in acquiring existing companies within the sector of nutraceutical and organic products. We will also develop our own branded products, develop brand identity; assist in arranging for contract manufacturing, fulfillment, and marketing.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Media Contact
info@ltsnutraceutical.com


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