Assumes Control of Interactive Nutrition Operations in Ottawa, Canada
OTTAWA, Canada, June 11 /CNW/ -- Natural Nutrition, Inc (OTC Bulletin
Board: NNTN) announced today the settlement of all litigation concerning its
ownership and operational control of Interactive Nutrition, Inc. (INII)
www.interactivenutrition.com . In settlement of the litigation, Natural
Nutrition purchased the outstanding note to the original sellers of
Interactive Nutrition, Inc. in the original amount of $15 million CDN for
$7.65 million CDN.
Tim Connolly, CEO of Natural Nutrition commented, "After nearly two years
of controversy and litigation, we have settled all matters concerning our
disputes with the prior owners over the ownership of INII and the operating
control of this well established manufacturer of sports nutrition products. We
are pleased to report to our shareholders that we are now in control of this
profitable ten year old nutraceutical manufacturer and look forward to
maximizing its value for our shareholders."
About Natural Nutrition and Interactive Nutrition, Inc.
Natural Nutrition's primary asset is Interactive Nutrition, Inc, a ten
year old sports nutrition product manufacturer located in Ottawa, Canada. The
company manufactures and sells sports nutritional products in fifteen
countries throughout the world.
For further information:
For further information: Tim Connolly, CEO of Natural Nutrition,
+1-713-621-2737, email@example.com Web Site: