NutriPure Beverages, Inc. announced the naming of Sherry M. Tapp as its new Chief Financial Officer and is taking additional steps to prepare the company for possible moves to either a fully reporting pink sheets company, or to a higher exchange. The company saw a rise of 50.00% in this morning’s trading.
Enrolling and graduating from Hamburg University in Hamburg, Germany, Ms. Tapp brings more than 20 years of accounting experiences in a wide area of settings. For the past three years she has served as the Budget Financial Analyst for K. Hovnanian Enterprises, Inc. located in Mesa, AZ. During that time she handled Sarbanes-Oxley, Month-End, property tax accrual for over 2,000 lots, and quarterly budgets for a Fortune 500 company.
Steve Nickolas, CEO and President of NutriPure Beverages, Inc. stated, “We are very pleased that Ms. Tapp has joined the company as its new CFO. Ms. Tapp was chosen after a careful and extensive selection process and we are very confident that she is the perfect choice to fill this very important position. Ms. Tapp will play a key role in next few months as we prepare for our upcoming annual audit and begin production and distribution of our Nu2O product line.”
Mr. Nickolas added, “Once the company’s final 2007 audits have been completed, we will reassess all our options and select which reporting status and which exchange will be in the best interest of the company and its shareholders. This could include continuing as a regular pink sheets company, remaining on the pink sheets as a fully reporting company, or moving to a different exchange entirely. We see all these options as viable and exciting and will make our final decision based on the market factors at that time, as well as the company’s current needs and development. Either way, we look forward to 2008 as a banner year for NutriPure Beverages, Inc.”
NutriPure Beverages, Inc. has been focusing on producing and distributing a line of nutrient-enhanced bottled water products that contain no calories, no carbohydrates, no artificial coloring, and no flavors other than pure water. The company is in a unique position since no other producer adds organic nutrients without also adding masking flavors, colors, and/or sweeteners. The company has redirected their entire efforts to the premium bottled water industry and intends to market a full line of nutrient-enhanced water products to compete with current competitors; VitaminWater and SmartWater. The company is in the final stages of negotiations for the acquisitions of assets for a second water company, and further announcements will be made in the near future.
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