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Sunday, January 17, 2021

NutraFuels Inc (OTCMKTS:NTFU) Explodes Higher on New Orders

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NutraFuels Inc (OTCMKTS:NTFU) is a penny play broadly in the nutritional and dietary products space. The stock has been on a rampage in recent action. The key catalyst for the latest extension higher appears to be the company’s announcement that it recently procured an order from natural health and wellness company LIDTKE by way of new business development partner NFSKIN.

According to the latest press release, “NTFU was recently hired just before the Christmas holiday to fulfill a back-ordered order of three CBD (Cannabidiol) natural wellness formulas to include CBD Original, CBD with L-Tryptophan and CBD with Turmeric. The three products are packaged and sold in tincture drop bottles as oral ingestible nutritional supplements.”

NutraFuels Inc (OTCMKTS:NTFU) bills itself as a company that manufactures and distributes oral spray nutritional and dietary products to retail and wholesale outlets.

The company’s products include sleep spray to support a healthy sleep cycle and improve the quality of restful sleep; energize spray to enhance energy, and restore vigor and vitality; and garcinia cambogia spray, an appetite and weight management spray.

It also offers NRG-X extreme energy spray to enhance energy and stamina; headache and pain spray to relieve headaches and pain; and hair, skin, and nails spray to nourish and encourage hair, skin, and nail growth.

The company sells its products to retailers, distributors, and private label customers, as well as to consumers through its Website under the NutraFuels name. NutraFuels, Inc. was founded in 2010 and is based in Coconut Creek, Florida.

According to company materials, “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.”

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Probing further into the company’s recent announcement, management has put out the message that the company “was able to accommodate the short-notice request and managed to fulfill the order in a timely fashion, securing a new manufacturing relationship between the two companies.” LIDTKE was founded twenty-three years ago to provide rare and extremely high-quality nutrients to medical doctors, naturopaths, veterinarians, and alternative health practitioners throughout the country.

“We pride ourselves in what we do to accommodate and deliver quality service manufacturing”, said Edgar Ward, Nutrafuels’s CEO. “We value the new business opportunity that has been secured and look forward to a long-lasting fruitful relationship with LIDTKE and their team.”

“LIDTKE is pleased to have begun a new working partnership with NutraFuels, given their manufacturing capacity, their resourcefulness, and their meticulous attention to the detail we require. The staff at NutraFuels has demonstrated a rare sense of mission to get things done within deadlines. We at LIDTKE look forward to expanding this very promising business relationship,” said Ronald Sturtz, LIDTKE’s President and founder.

Traders will note in excess of 720% piled on for shareholders of the company during the trailing month, a rally that has pushed up against longer standing distributive pressure in the stock. The situation may be worth watching. NTFU has a history of dramatic rallies. Moreover, the listing has witnessed a pop in interest, as transaction volume levels have recently pushed just under 580% beyond what we have been seeing over the larger time frame. It pays to take note of this fact given the stock’s relatively small trading float of roughly 11M shares. This type of thing is something to watch out for: a mechanically driven price squeeze can result from this type of mix of small float and ramping attention from traders.

Earning a current market cap value of $23.2M, NTFU has virtually no cash on the books, which must be weighed relative to about $1.9M in total current liabilities. One should also note that debt has been growing over recent quarters. Hence, the balance sheet picture is not a particularly positive aspect to this story.

That said, this is a speculative micro-cap with growth on its mind. Balance sheet issues are hardly desperate here, provided the company’s strategic plan gains traction over time.

NTFU is pulling in trailing 12-month revenues of $331K. However, the company is seeing declines on the top line on a quarterly y/y basis, with revenues falling at -17.5%. It is possible there is more to this story right now — it frankly has the feel of some investor relations push at work. But we can’t be sure, and the news, taken at face value, is nothing to sneeze at. We will update the story again soon as further details emerge. For continuing coverage on shares of $NTFU stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

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