COCONUT CREEK, FL--(Marketwired - February 10, 2017) - NutraFuels, Inc.
("NutraFuels" or "NTFU"), (OTC PINK: NTFU), today announced that it has converted all of the
company's short and long-term outstanding debt and is now a debt free company.
NutraFuels is pleased to announce that it has converted approximately one million nine hundred thousand dollars, which was all
of the company's existing short and long-term outstanding debt to become a debt free company. This was accomplished through the
conversion of debt to equity. All of the outstanding short and long-term debt was held by the company's shareholders, which are
insiders that have supported the company and its operations over last several years.
"We are pleased to announce that we are now a debt free company and thank our shareholders who believed in and supported us
over the years and held the debt that are confident enough in our business model and progression over the years to now convert
all of the outstanding debt into equity in our company," said Edgar Ward NutraFuels President/CEO.
About NutraFuels, Inc.
http://nutrafuels.com/
NTFU was founded in 2010, to manufacture, distribute and market a line of oral spray nutritional dietary products to
consumers, retailers and wholesale outlets. Oral spray delivery systems are recognized by many as an effective methodology for
delivery of pharmaceutical and nutraceutical products. Oral spray delivery is recognized by consumers for its convenience, dosage
precision and timely assimilation into the body. NTFU's product line consists of vitamins and nutrients in an aqueous solution,
orally delivered through a non-aerosol pump. NTFU's products are sprayed into the mouth in the form of a fine mist entering the
delicate tissue of the mouth. The nutrients are delivered into the bloodstream and assimilated throughout the body more quickly
than traditional methods, avoiding the solubility and absorption problems common with most ingested vitamins and nutritional
supplements in pill or capsule form.
Safe Harbor
This press release contains forward-looking statements, particularly as related to, among other things, the business plans of
NutraFuels, Inc statements relating to goals, plans and projections regarding the NutraFuels' financial position and business
strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue,"
"anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "think", "considers" or
similar expressions are intended to identify "forward-looking statements." These forward-looking statements fall within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 and are subject to the safe
harbor created by these sections. Actual results could differ materially from those projected in the forward-looking statements
as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve
known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other
factors that may cause our actual results, performance or achievements, or developments in our industry, to differ materially
from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that
could cause actual results to differ materially from anticipated results include risks and uncertainties related to the
fluctuation of global economic conditions, the performance of management and our employees, our ability to obtain financing,
competition, general economic conditions and other factors that are detailed in our periodic reports and on documents we file
from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release
and should not be relied upon as of any subsequent date. NutraFuels cautions readers not to place undue reliance on such
statements. NutraFuels does not undertake, and NutraFuels specifically disclaims any obligation, to update any forward-looking
statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual
results may differ materially from NutraFuels' expectations and estimates.