Stevia Nutra Corp Establishes Major Cambodian Agri
Post# of 12
5/24/2012
Stevia Nutra Corporation (OTC:BB STNT)–(The Company),an Agro-Management company focused on stevia agronomics,is pleased to announce that it has incorporated Health Power Trading Company Ltd.,a wholly owned BVI subsidiary company and Mighty Mekong Agro Industries Co. Ltd.,a Cambodian based wholly owned subsidiary.
This strategic move by Stevia Nutra will allow the Company to capitalize on significant labour and technical advantages as well as provide access to prime fertile lands in pursuing stevia agriculture,cultivation and processing in Cambodia and potentially elsewhere in the Mekong River Sub-Region,an area which is ideal for the growth of stevia plants.
With access to clean water and transport routes,this innovative plantation model will allow the Company to reduce labour costs and consistently deliver high quality Stevia leaf from a single site. This is in stark contrast to traditional growers and contract farmers that most of the sector currently employs. In addition,due to favourable climatic conditions, the company expects to enjoy multiple harvests per year,which will significantly increase the annual yields of stevia leaf per hectare.
“With soaring demand for stevia and stevia products globally,the addition of these companies will be significant to our operations in Cambodia,” said President,Brian Dicks. “We will be in a position to capitalise on the optimal growing and production conditions the country has to offer,resulting in superior quality and increased yields."
Mr. Dicks goes on to state,“It is because of Cambodia’s long growing season,climate, eager agro-labour market and strong support from the Cambodian Government at all levels for new agro investments that we made our decision to designate Cambodia the Company’s technical and cultivation hub. All of these factors taken together will give us a solid competitive advantage in the stevia sector and ultimately enhance shareholder value.”
About Us
Stevia Nutra:
Stevia Nutra is an Agro-Management company focused on stevia agronomics which includes plant breeding,proprietary agricultural practices and post-harvest techniques. Stevia Nutra intends to invest heavily in R&D and IP acquisition and manage large-scale plantations for the production of high value stevia products.
Stevia Nutra is dedicated to utilizing best agronomic and business practices to demonstrate the sustainability and profitability of stevia production. By subscribing to,and implementing the performance standards published by the World Bank,Stevia Nutra is committed to becoming the premier producer of the highest quality stevia. Stevia Nutra recognizes the potential this remarkable plant has to reduce the global epidemic of obesity and diabetes and promote general good health. The Company's priority will be to embrace sustainability for smarter innovation and profitable growth.
Stevia and the stevia sector
Stevia is the world’s only all natural zero calorie sweetener. Since being approved by the United States Food and Drug Administration late in 2008,stevia can now be found in over 6,000 food,beverage and medicine products,with many more new products to follow as globally consumers are making healthier food choices.
Stevia is the fastest growing sweetener product in the world. The World Health Organization estimates that stevia will replace up to 20% of the global sweetener market valued at over $10 Billion USD. Zenith International expects that stevia agriculture production will have to triple within two years to keep up with the strong demand. Only one year after FDA approval in the U.S.,stevia sales surged past both aspartame and saccharin in the tabletop sugar market.
Safe Harbor Statement
Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include,but are not limited to,statements with respect to the ability of the Company to become the world’s largest producer of the highest quality stevia. These statements address future events and conditions and,as such,involve known and unknown risks, uncertainties and other factors,which may cause the actual results,performance or achievements to be materially different from any future results,performance or achievements expressed or implied by the statements. Such factors include,among others,the timing and completion of contemplated financings,the actual use of proceeds,receipt of regulatory approvals and the ability to secure sufficient land for cultivation. In making the forward-looking statements,the Company has applied several material assumptions including,but not limited to,the assumptions that: (1) the proposed corporate development and expansion plans will proceed as planned; (2) market fundamentals will result in sustained commodities pricing and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information,future events or otherwise except as otherwise required by applicable securities legislation. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements. These risks and uncertainties include those relating to: lack of operating history,transitioning from a development company to an operating company,market acceptance of our products and services; operational difficulties relating to international operations; our ability to form and maintain mutually beneficial relationships with customers and strategic partners; changes in economic,political or regulatory conditions or other trends affecting the food sector,and our ability to attract and retain qualified personnel. Further information about these matters can be found in our Securities and Exchange Commission filings. We expressly disclaim any intent or obligation to update these forward-looking statements.
Further information on the Company can be found at www.sec.gov and the company’s website at www.stevianutra.com