HOBOKEN, New Jersey, August 15, 2017 /PRNewswire/ --
LTS Nutraceuticals Inc. (OTC: LTSN), a health & wellness holding company, today announced that it has retired an
significant percentage of its convertible debt associated with its acquisition of Natural Products, Inc.
The company has retired the larger $75,000-dollar convertible note (principle and interest)
associated with the acquisition, leaving the smaller $50,000 dollar convertible note with a
maturity date of December 14, 2017, the company expects to utilize its option and retire the note
with cash not shares. There currently are no other convertible notes.
After retiring the note, the current capitalization of the company is as follows:
Outstanding Shares: 353,823,324
Restricted Shares: 232,400,000 (203,679,586 held by management.)
Free Trading: 121,423,324
At this current time, the company does not anticipate any change in the capitalization of the company.
We continue the final process of developing our products ingredients (20 powders, 15 vitamins along with several amino acid
mixes), packaging, FDA labeling as well as taking bids for the manufacturing in conjunction with NutriData.
Updates and announcements regarding progress will now become more frequent as we near the finalization and definitive product
launch date.
About LTS Nutraceuticals Inc.:
Headquartered in Hoboken, NJ, LTS Nutraceuticals Inc. is a health & wellness holding company engaged in acquiring
existing companies within the sector of nutraceutical and organic products. We also develop our own branded products, develop
brand identity; assist in arranging for contract manufacturing, fulfillment and marketing.
Forward-looking Statements
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
+1-888-534-2028
SOURCE LTS Nutraceuticals Inc.