NUTROGANICS (NUTT) ANNOUNCES ADDITION OF DENNIS CIERI TO COMPANY’S BOARD OF DIRECTORS

BETHESDA, Md.- August 25, 2016 – Nutroganics, Inc. (OTCPINK: NUTT) (“Nutroganics”) announces that Mr. Dennis Cieri joined the Company’s board of directors.

Mr. Cieri is a successful businessman and life-time drug-free world champion weight lifter with a passion for the health and wellness industry.  He is the founder of EDEN Property Company, LLC, a developer of dozens of retail and residential real estate projects involving Walgreens, Wawa, Starbucks and others throughout the New York Tri-State Area. He is also the founder of Fitness Factory Group, LLC, which owns and operates a thriving chain of health clubs in Northern New Jersey, and founder of SSP Nutrition, Inc. a nutrition company focused on the performance athlete using advanced nutrient timing technology.   Mr. Cieri holds a JD from Seton Hall University School of Law.

David Sackler, Nutroganics’ President & CEO, said, “We are pleased that Dennis has agreed to bring his strong knowledge of the sports nutrition industry, excellent business judgment and relationships with potential investors and business partners to the Board of Nutroganics. We look forward to working with him as he helps Nutroganics grow and become a larger, more successful company.”

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer, and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah-based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000 and Rich Kaiser, Investor Relations, YES INTERNATIONAL, yes@yesinternational.com or 757-306-6090.

Forward-Looking Statements:

This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.  Please review the Company’s most recent public filings at www.otcmarkets.com for a list of risk factors that potential investors should carefully consider.

NUTROGANICS ANNOUNCES ADDITION OF KEITH FRANKEL TO COMPANY’S ADVISORY BOARD  

BETHESDA, Md., May 25, 2016 – Nutroganics, Inc. (OTCPINK:NUTT) (“Nutroganics”) announced today that Keith Frankel has joined the Company’s advisory board.

Mr. Frankel is a well-known executive and investor in the nutrition industry.   He founded Vitaquest which he has grown to be a $300 million contract manufacturer and distributor of nutraceuticals and nutritional supplements.  He also serves as President of Celmark International, Inc. and on the Executive Board of Mid Ocean Partners, a private investment firm that specializes in middle market investments in the United States (www.midoceanpartners.com).

David Sackler, Nutroganics’ President & CEO, said, “We are thrilled that Keith has agreed to join our advisory board. He brings enormous industry credibility and relationships to Nutroganics.   We look forward to working with him as he helps Nutroganics become a larger, more successful company.”

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090.

Forward-Looking Statements:

 This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.  Please review the Company’s most recent public filings at www.otcmarkets.com for a list of risk factors that potential investors should carefully consider.

NUTROGANICS (NUTT) ANNOUNCES EXECUTIVE CHANGES, STRATEGIC DISCUSSIONS & UPDATES FINANCIAL GUIDANCE

BETHESDA, MD– February 10, 2016 — Nutroganics, Inc. (OTCPINK: NUTT) (“Nutroganics”) announces that it has made some changes to its executive ranks.  Juan Montano has been promoted to Plant Manager of the Company’s NuStar Manufacturing subsidiary, where he has been a long tenured production and business development director. Mike Carnazzo, formerly COO of NuStar, has been terminated for cause. Angela Rataezyk has been promoted to general manager of Nutroganics’ Silverbow Honey subsidiary.  Mrs. Rataezyk is one of Silverbow’s longest tenured employees, having been with the company for over 15 years   Matt Ferguson has departed from the Company.

Nutroganics is investigating certain improper business relationships Mr. Carnazzo appears to have had with at least one customer and their impact on the Company’s business. The Company is discussing the situation with the customer and will make additional disclosures as events merit. The Company is also investigating certain other actions that Mr. Carnazzo took while he was employed by NuStar.  Once the investigations are completed, the Company will announce material findings, and pursue appropriate courses of action including, but not limited to, legal action against the appropriate parties to recover the value compromised by his actions. The Company is working closely with its customers and vendors to repair the damage done by Carnazzo’s actions.

Nutroganics further announces that the Company believes that its 2015 revenue totaled between $11 million and $13 million for the year. Actual 2015 results are expected to be finalized in March and will include Q4 results and may include revisions to prior results to reflect timing and collection issues on receivables. While 2015 revenue exceeded the Company’s original 2015 guidance of $9.5 million issued on September 17, 2014, it falls short of the expected revenue in the Company’s October 29, 2015 press release. The Company’s results are due to poor Q4 performance at NuStar combined with adjustments to the Company’s revenue due to bad receivables.

Nutroganics is modifying its range of expected 2016 revenue from the previous $20-22 million range to a range of $13-20 million.

Nutroganics also announces that it is pursuing discussions with multiple parties regarding potential strategic relationships, including potential mergers and/or reverse mergers. The Company believes that it can better leverage its productive capacity, better serve its customer base, and achieve better liquidity for shareholders as part of a larger Company.

Commenting on the announcements, David Sackler, CEO of Nutroganics said, “We are very disappointed with the breach of fiduciary duty committed by Mike Carnazzo and the actions of at least one of our customers. The purposeful actions translated into our poor Q4 performance. We remain committed, however, to making 2016 an even better year for Nutroganics as we rebuild on a foundation of honesty and trust.  We are intent on maximizing shareholder value and the growth of the business. To that end, we have won numerous new contracts within the last few weeks as clients see a new openness and attitude as a result of Mr. Carnazzo’s removal: a mindset of serving all our clients well, not just a few with preferential access.”

Sackler further states, “We have brought in a significant supply chain partner to work with us on our powders business and are expecting a robust business with them. We raised over $200,000 for new equipment and inventory needs.  The promotions of Juan and Angela to positions of responsibility within the Company have been seamless as a result of their experience and daily, direct involvement with the inner workings of the organization, the customer and vendor base, and the maturation of their skill sets over the years.   Both have significant capability to help the growth of Nutroganics. We look forward to their continued success with the Company.”

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com.

Forward-Looking Statements:

This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. Specifically, Nutroganics’ working capital was negatively affected by the actions of Mike Carnazzo and the Company’s 2015 Q4 performance; therefore, the risks which result from lower working capital are heightened. Management undertakes no obligation to update any forward-looking statements after the date of such statements.

NUTROGANICS’ (NUTT) SUBSIDIARY NUSTAR MANUFACTURING ANNOUNCES PURCHASE OF NEW POWDERED MANUFACTURING EQUIPMENT

BETHESDA, Md., December 14, 2015 – Nutroganics, Inc. (OTC: NUTT) (“Nutroganics”) announces that its wholly owned subsidiary, NuStar Manufacturing, LLC, has purchased additional  manufacturing equipment for powdered nutritional and food products to be produced in the company’s Utah facility.   Included in the new equipment is an additional powdered stick pack machine that can generate an estimated $300,000 per month in additional revenue at 75% utilization.

David Sackler, Nutroganics’ President & CEO, said, “We are pleased to announce a further expansion of our manufacturing capabilities and capacity at NuStar.  The new equipment allows us to continue to meet the growing needs and demand of our existing customer base, as well as attract and service new customers.”

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com. 

Forward-Looking Statements:

This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.

 

NUTROGANICS, INC. (NUTT) ANNOUNCES RECORD THIRD QUARTER REVENUE OF OVER $4.2 MILLION

BETHESDA, Md.-November 24, 2015 – Nutroganics, Inc. (PINKSHEETS: NUTT) (“Nutroganics”) announces that it recorded $4.26 million in revenue for the third Quarter of 2015, a record third quarter for the Company and a year-over-year increase of 81% from revenue achieved in Q3 of 2014.

David Sackler, Nutroganics’ President & CEO, said, “We are pleased to announce strong quarterly revenue for Q3 2015. We continue to expand our capabilities and offerings to serve our existing customer base while adding new customers in Q4. The rest of the year looks bright and we expect continued growth in Q4.”

Nutroganics recently announced that it expects its 2016 revenue to be between $20 and 22 million, guidance which it re-affirms today.

Nutroganics’ full Q3 results are available at http://www.otcmarkets.com/stock/NUTT/filings.

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com.

Forward-Looking Statements:

This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.

NUTROGANICS, INC. (NUTT) ANNOUNCES REVENUE GUIDANCE AND ROADMAP FOR 2016

BETHESDA, MD-OCTOBER 28, 2015- Nutrogancis, Inc. (OTCPINK: NUTT) (“Nutroganics”) announces that it expects its calendar 2016 revenue to be in the range of $20-22 million.  The Company also anticipates having financial audits for 2014 and 2015 completed in 2016.  Audited financial statements (combined with an SEC registration statement) will provide a greater level of disclosure to the Company’s shareholders and make the Company’s stock eligible for up-listing to either OTCQB or, subject to listing requirements, a listed exchange.

The Company has also begun the expansion of its honey packaging and distribution capabilities in Utah to more effectively manage its growth in the Rocky Mountains, South Central, and Southwestern United States.  Finally, the Company is looking to add at least another 20,000 square feet of manufacturing space in the first half of 2016, increasing the Company’s total to over 100,000 square feet of manufacturing and warehouse space.

David Sackler, Nutroganics’ President  & CEO, said, “We are optimistic about solid growth in our core business in 2016.  We continue to add new equipment and new capabilities to our business, allowing Nutroganics to increasingly be a one-stop shop for nutritional brands wishing to have a strong manufacturing and distribution partner with a NSF Certification.  Our expanded capabilities and capacity allow us to server larger, more diversified customers that in the past would have either not been able to  be accommodated or would have exceeded the Company’s operational ability.  We now have those abilities.”

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace and seeks to capitalize on synergies from manufacturing through distribution.  Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager or nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com , 240-223-1000 and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com.

Forward-Looking Statements:

This release may contain forward-looking statements, which involved known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements.  We undertake no obligation to update any forward-looking statements after the date of such statements.

NUTROGANICS, INC. (NUTT) ANNOUNCES ADDITION OF DR. JOSEPH COMPANY TO ADVISORY BOARD

BETHESDA, Md.-October 16, 2015–Nutroganics, Inc. (OTC-PINK:NUTT) (Nutroganics”) announced today that Joseph Company, PhD has joined NUTT’s advisory board.  He joins Perry Rogers, Dr. Jeffrey Stout, Michael Ressner, Harun Simbirdi, and Vince Andrich on the advisory board.

David Sackler, Nutroganics’ President & CEO, said, “We are very pleased to welcome Joe to the Nutroganics team.   He brings deep experience in nutritional science and adds to our already very experienced and strong advisory board.”

Joe brings a strong background to Nutroganics, Inc.  He received his Masters in Exercise Physiology and earned his PhD in Biomedical Sciences from the University of Missouri.  Previously, Joe was a top athlete, running track in college, before becoming an elite level triathlete.  He has published numerous peer-reviewed research articles on nutrition, sports nutrition and conditioning, childhood obesity, and related areas.

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com. 

Forward-Looking Statements: 

This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.

NUTROGANICS, INC. (NUTT) RAISES 2015 REVENUE GUIDANCE, ANNOUNCES OTHER INITIATIVES

BETHESDA, Md.- September 9, 2015 – Nutroganics, Inc. (OTC-PINK: NUTT) (“Nutroganics”) announced today that it is raising its 2015 revenue guidance to $16.3 million, up from prior guidance of $16.0 million.

David Sackler, Nutroganics’ President & CEO, said, “Given continued favorable trends and growth in our business, we are pleased to increase our 2015 revenue guidance.  The second half of 2015 is shaping up nicely with both new customers and increased orders from some of our existing customers. We also are looking at a significant expansion of space, production and distribution capabilities over the next seven months, including new alliances, new equipment and greater throughput to accommodate growing demand.  In short, things continue to trend in a favorable direction.”

About Nutroganics:

Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com.

Forward-Looking Statements: 

This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.

NUTROGANICS, INC. (NUTT) ANNOUNCES RECORD SECOND QUARTER REVENUE OF $4.3 MILLION; EBITDA OF $520,082; NET INCOME OF $363,975

BETHESDA, MD.-August 7, 2015- Nutroganics, Inc. (NUTT:OTC-PINK) (“Nutroganics”) announces that it achieved record revenue of $4.3 million in its second quarter ending June 30, 2015.  Revenue is up more than 119% year over year from $1.9 million in the second quarter of 2014, and more that 19% over the first quarter of 2015.  The earnings before interest, taxes, depreciation and amortization (EBITDA) were $520,082 and net income was $363,975 or $0.011 per basic shares outstanding and $0.0025 per fully diluted share.  EBITDA and net income per fully diluted share are not GAAP measures but Nutroganics believes they are helpful in understanding financial trends with the Company.

David Sackler, Nutroganics’ President & CEO, said, “We are pleased to announce record quarterly revenue and another solid quarter of EBITDA and net income.  The rest of the year looks bright.”

Full financial results and management discussions will be posted on www.otcmarkets.com on or before August 14, 2015.

About Nutroganics:
Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace, and seeks to capitalize on synergies from manufacturing through distribution.  Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah-based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com.

Forward-Looking Statements:
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.

NUTROGANICS’ (NUTT) NUTSTAR SUBSIDIARY OBTAINS USDA AUTHORITY TO SHIP PROTEIN PRODUCTS TO EUROPE

Bethesda, MD-August 4, 2015-Nutroganics, Inc. (NUTT:OTC-PINK)(“Nutroganics”) announces that it has obtained license number 3008987979 from the U.S. Department of Agriculture (USDA), a requirement to ship protein products from its NuStar Manufacturing, LLC facility throughout the EU (European Union) and Europe.

David Sackler, Nutroganics’ President & CEO, said, “This represents an important step in Nutroganics’ ability to expand the distribution market potential for our products, and for our current and future customers. In conjunction with maintaining our current certifications, that include cGMP, FDA, NSF, NSF-Sport, Organic, Kosher, Halal, and foreign compliance certifications, including Health Canada and now EU/Europe; we continue to add certifications that are essential to NuStar and our customers to provide safe products to consumers across the globe.”

Nutroganics’ NuStar subsidiary team continues to set and exceed superior quality standards and manufacturing processes to address the needs of the customer, and quality for the consumer.

About Nutroganics:
Nutroganics, Inc. acquires and grows revenue-generating businesses operating in the healthy lifestyle marketplace. Nutroganics owns Silverbow Honey Company, a producer and packager of honey products founded in 1945 and based in Moses Lake, Washington and NuStar Manufacturing, LLC, a Utah-based packager of nutritional products and supplements.

For more information, contact David Sackler at dsackler@nutroganics.com or (240) 223-1000, and/or Rich Kaiser, Investor Relations, YES INTERNATIONAL, rich@yesinternational.com, 757-306-6090, www.nutroganics.com.

Forward-Looking Statements:
This release may contain forward-looking statements, which involve known and unknown risks, uncertainties, and other factors, which may cause Nutroganics’ actual results, performance, or achievements to be materially different from actual future results expressed or implied by the forward-looking statements. We undertake no obligation to update any forward-looking statements after the date of such statements.