Nutri-Pharmaceuticals Research, Inc. Announces Pro Forma Results for 2006
April 26 2007 - 7:45AM
Business Wire
Nutri-Pharmaceuticals Research, Inc. (Pink Sheets:�NRPR) is pleased
to report that its unaudited Pro Forma Results for 2006 show
increased revenues by 84% in fiscal 2006 and it has a new backlog
of orders which could increase sales by almost double again in
fiscal 2007. Copies of the unaudited financials are available upon
request and the audit is scheduled to start on May 15. The company
had extraordinary one-time expenses due to moving plant and
equipment to a new, much larger 30,000 sq ft building and one-time
stock and stock option expenses to employees. Nutri-Pharmaceuticals
has proprietary research and technology for converting oils to
powders without altering the molecular structure and are beginning
to produce meaningful revenue with significant contracts not only
in the U.S., but also throughout Europe and Asia as significant
long-term contracts have been secured which should enhance revenues
dramatically this year. Statements in this press release other than
statements of historical fact are forward looking statements.
Although management believes statements are reasonable it can give
no assurance that such expectations will be achieved.
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