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PsyKey Expands Product Portfolio in the $8 Billion Dollar Functional Mushroom Market with the Acquisition of NutraRox

PsyKey Expands Product Portfolio in the $8 Billion Dollar Functional Mushroom Market with the Acquisition of NutraRox

Mental Key通過收購NutraRox在價值80億美元的功能性蘑菇市場擴大產品組合
Accesswire ·  2022/03/07 23:50

CARSON CITY, NV / ACCESSWIRE / March 7, 2022 / CECORS, INC. (OTC PINK:CEOS) ("CeCors", "PsyKey" or the "Company"). is pleased to announce that through a non-dilutive restricted stock transaction, the company has acquired 100 percent of Nutra-Rox LLC, specializing in products featuring functional carbonated crystal delivery technology (Think "Pop Rocks" like candy). Nutra-Rox formulates and manufactures innovative consumer products utilizing this patent-pending delivery technology for nutraceuticals and bioactive ingredients. Under the terms of the acquisition agreement, Nutra-Rox shareholders will be subject to a 2-year regulatory hold.

內華達州卡森城/ACCESSWIRE/2022年3月7日/CECORS,Inc.(場外粉色:CEO)(“CeCors”,“Mental Key”或“公司”)。我們很高興地宣佈,通過非稀釋性限制性股票交易,該公司已經收購了紐特拉-羅克斯有限公司100%的股份,該公司專門生產具有功能性碳酸鹽晶體輸送技術的產品(就像糖果一樣的“流行巖石”)。紐特拉-羅克斯利用這種正在申請專利的營養食品和生物活性成分輸送技術來配製和製造創新的消費產品。根據收購協議的條款,紐特拉-羅克斯的股東將受到為期2年的監管持有。

Nutra-Rox delivery technology allows for bioavailable ingredients such as functional mushrooms delivered via carbonated crystals, that create a multi-sensory sensation in the mouth which provides an unmatched user experience. With the massive popularity of "enjoyable to use" delivery systems such as gummy and candy supplements and vitamins, this novel technology provides the company a unique delivery system in the fast-evolving functional mushroom and innovative wellness markets. The Nutra-Rox acquisition will help increase shareholder value by providing the company expanded novel product offerings, sales, and distribution.

紐特拉-Rox輸送技術允許生物可利用的成分,如通過碳酸晶體輸送的功能性蘑菇,在口腔中產生多感官感覺,提供無與倫比的用户體驗。隨着口香糖、糖果補充劑和維生素等“好用”輸送系統的廣泛普及,這項新穎的技術為該公司在快速發展的功能性蘑菇和創新保健市場提供了一種獨特的輸送系統。收購紐特拉-羅克斯將通過為公司提供更多的新產品、銷售和分銷,幫助增加股東價值。

The Nutra-Rox management team has over 50 years of collective experience in research, product development, manufacturing, branding, marketing, sales and distribution. Nutra-Rox is also the parent company of Breath Rox®, a sugar free "popping" fresh breath treatment which delivers zinc gluconate to help reduce odor causing bacteria in the mouth. Breath Rox® has been sold on HSN (Home Shopping Network), online, and continues to pursue additional distribution opportunities including retail and international markets.

紐特拉-羅克斯管理團隊在研究、產品開發、製造、品牌推廣、營銷、銷售和分銷方面擁有50多年的集體經驗。紐特拉-羅克斯也是呼吸Rox®的母公司,這是一種無糖的“爆裂”清新口氣療法,提供葡萄糖酸鋅,幫助減少口腔中引起細菌的氣味。呼吸Rox®已在HSN(Home Shopping Network)在線銷售,並繼續尋求包括零售和國際市場在內的更多分銷機會。

"We're excited and eagerly looking forward to the future with this acquisition" said Amar Bhatal president of PsyKey, "We feel the Nutra-Rox teams' diverse expertise and innovative product development capabilities, will serve as a powerful catalyst in helping PsyKey achieve its goals of increasing shareholder value, while becoming a standout innovative wellness company".

Mental Key公司總裁阿馬爾·巴塔爾説:“我們對此次收購感到興奮,並對未來充滿期待。我們認為,NuTRA-Rox團隊的多樣化專業知識和創新產品開發能力將成為強大的催化劑,幫助Mental Key公司實現增加股東價值的目標,同時成為一家傑出的創新健康公司。”

Nutra-Rox CIO David Anderson who has managed the company's efforts over the last two years on HSN stated, "We've witnessed the excitement consumers express when using a popping crystal product, as it's fun, different and most importantly, effective". Mr. Anderson continued, "Having worked with our visionary executives for over 20 years, I can see this new venture allowing the company to achieve tremendous success. Our team is currently working on several new formulas which will be released in the coming weeks".

紐特拉-Rox首席信息官大衞·安德森在過去兩年裏一直在HSN上管理公司的努力,他説:“我們見證了消費者在使用爆裂水晶產品時表現出的興奮,因為它很有趣,不同,最重要的是,它很有效。”安德森先生繼續説:“在與我們富有遠見的管理人員合作了20多年之後,我看到這家新公司將使公司取得巨大的成功。我們的團隊目前正在研究幾個新的配方,這些配方將在未來幾周內發佈。”

According to the report published by Allied Market Research, the global functional mushroom market generated $7.98 billion in 2020, and is estimated to reach $19.33 billion by 2030.

根據聯合市場研究公司(Allied Market Research)發佈的這份報告,2020年全球功能性蘑菇市場創造了79.8億美元的收入,預計到2030年將達到193.3億美元。

Shareholders and interested parties are encouraged to follow @PSYKEY on Twitter for all Company updates.

鼓勵股東和感興趣的各方關注Twitter上的@PSYKEY,以獲取公司的所有更新。

About PsyKey, Inc.

關於Mental Key公司

PsyKey, Inc. specializes in the development and commercialization of mycology based entheogenic, adaptogenic, and nootropic ingredients and formulations. From functional to psychedelic PsyKey believes in the magic of mushrooms.

Mental Key公司專門開發和商業化以真菌學為基礎的致病、致適應和促性成分和配方。從功能性到迷幻性,Mental Key相信蘑菇的魔力。

As part of our optimal wellness strategy, PsyKey understands the importance of access to support services and healthcare professionals, and is engaged in the development of tools that will aid in removing barriers and providing inclusivity.

作為我們最佳健康戰略的一部分,Mental Key瞭解獲得支持服務和醫療保健專業人員的重要性,並致力於開發有助於消除障礙和提供包容性的工具。

For further information:

有關更多信息,請訪問:

Publicly traded company (OTC PINK: CEOS)
Website:
E-mail: info@psykeyworld.com
Follow us on Twitter:

上市公司(場外交易:首席執行官)
網站:
電子郵件:info@ological keyworld.com
在Twitter上關注我們:

About Nutra-Rox LLC

關於NUTRA-ROX LLC

Nutra-Rox LLC is a world leader in the research and development of nutraceutical formulations with bioactive ingredients including vitamins, minerals, nutraceuticals, antioxidants, natural botanicals, and time-tested herbal extracts utilizing a unique patent-pending carbonated delivery technology.

NUTRA-ROX LLC是研究和開發含有生物活性成分的營養製劑的世界領先者,包括維他命、礦物質、保健品、抗氧化劑、天然植物和久經考驗的草藥提取物,採用獨特的碳酸遞送技術。

For further information:

有關更多信息,請訪問:

Website:

網站:

Email: info@NutraRox.com

電子郵件:info@NutraRox.com

Forward-Looking Statements:

前瞻性陳述:

Safe Harbour Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency, and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that could cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward- looking statements.

安全港聲明--除歷史信息外,本新聞稿還可能包含符合“1933年證券法”和“1934年證券交易法”(經1995年“私人證券訴訟改革法”修訂)含義的前瞻性陳述。本新聞稿中包含的前瞻性陳述包括公司及其管理團隊成員對公司未來業務運營的意圖、信念或期望,以及這些陳述所基於的假設。潛在投資者請注意,任何此類前瞻性陳述都不是對未來的保證。 性能、性能和 本新聞稿包含風險和不確定因素,實際結果可能與這些前瞻性陳述中預期的大不相同。可能導致這些差異的因素包括但不限於:未能完成談判中的預期銷售、收入增長乏力、客户中斷、未能實現業績、效率和盈利能力的改善,以及訴訟或訴訟成本增加、公司業務部門的運營或業績或普通股市場價格方面的不利發展。其他可能導致實際結果與本新聞稿中預期的大不相同的因素也可以在公司網站上找到。該公司不承擔任何更新任何前瞻性陳述的責任。

SOURCE: CeCors, Inc.

資料來源:CeCors,Inc.


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