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Wednesday, October 21, 2020

NutraFuels Inc (OTCMKTS:NTFU) Partnerships Begin to Mount

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NutraFuels Inc (OTCMKTS:NTFU) is a high momentum penny play in the health and wellness space that has been pushing for attention on the wires, getting some help from CFN media along the way, and clearly putting out a narrative that has gelled with OTC traders far and wide. The company’s latest key announcement focused on their partner and private label customer MyDailyChoice, who just hired a Country Manager in the Philippines and “will be doing an official launch event January 24th, 2017. During the launch event, MyDailyChoice will be opening their new office in Manila and speaking in front of hundreds of entrepreneurs who are excited about the new line of oral spray products, vision, and business opportunity.”

According to the release, MyDailyChoice has secured a bank account & company registration in Ghana. With the anticipated momentum in Africa and Asia, the two companies are forecasting strong distribution and sales growth throughout 2017. The obvious implication here is the idea that MyDailyChoice represents a clear sales conduit for NTFU growth. The partnership growth theme is also the clear focus of the CFN coverage at present, where it is suggested that “NutraFuels relies on extensive distribution networks to sell its products, which means that new partnerships are vital to its success. Over the past several weeks, the company has announced new deals designed to increase its exposure to potential distributors, as well as the addition of at least one new distributor to the mix. These deals provide leverage to increase revenue over the long-term by establishing new channels to end market consumers.”

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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As noted above, the partnership theme is perhaps the main one for NTFU right now. On that note, management voiced its enthusiasm over recent events.

“We are very excited about expanding into the Philippines and Ghana. The Philippines is a gateway into Asia, and Ghana is a gateway into Africa. These are two monumental opportunities for the company and we are excited for our affiliates and partners involved,” said Josh Zwagil, MyDailyChoice CEO and founder.

“As we expand into Philippines and Ghana we are excited yet humbled by the new business developments taking place,” said Edgar Ward, NutraFuels’ CEO. “We have been building our company’s foundation for several years now, have survived many trials and tribulations and realize there are to come. We will continue to remain focused on building our business and delivering quality health and wellness support through supplementation to people around the world.”

Recent action has seen a bit more than 1100% piled on for shareholders of the stock during the trailing month, a rally that has pushed up against longer standing distributive pressure in the stock. That said, NTFU is a stock whose past is littered with sudden rips. Moreover, the stock has seen an influx in interest of late, with the stock’s recent average trading volume running just shy of 340% beyond its prior sustained average level. Since we last covered the name earlier this month, the stock moved nearly 160% higher.

Earning a current market cap value of $60.1M, NTFU has virtually no cash on the books, which stands against about $1.9M in total current liabilities. One should also note that debt has been growing over recent quarters. 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%. This is an exciting story, and we look forward to a follow-up chapter as events transpire. 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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