Navigation Links
NutraDyne, Inc. Closes Amended Exchange Agreement With Changchun Yongxin Dirui Medical Co., Ltd.
Date:11/30/2007

CITY OF INDUSTRY, Calif., Nov. 30 /PRNewswire-FirstCall/ -- NutraDyne Group, Inc. (OTC Bulletin Board: NTRG), formerly Digital Learning Management Corporation ("Nutradyne"), today announced that it has closed the Amended Exchange Agreement with Changchun Yongxin Dirui Medical Co., Ltd, a China corporation ("Yongxin") and all of the shareholders of Yongxin.

Mr. Yongxin Liu, Chairman and CEO commented, "We are pleased to close the acquisition and to begin executing on our five-year business plan, which includes opening 1,000 medical retail stores within China. We also plan to open stores in the U.S. to promote traditional Chinese medicine." Mr. Liu added, "We plan to expand aggressively as a public company. This growth will be made possible by the continued cooperation of our partners, both in China, and the U.S."

About the Exchange Agreement

In accordance with the Amended Exchange Agreement, Nutradyne issued 21,000,000 shares of newly issued common stock and 5 million shares of Series A Preferred Stock to the Yongxin shareholders or their designees, representing, immediately following closing, 70% of the total issued and outstanding shares of common stock.

In addition, in accordance with the Amended Share Exchange Agreement, the officers and directors of the public company tendered their resignations and appointed Yongxin designees in their stead.

About NutraDyne Group, Inc.

NutraDyne Group, Inc. was originally formed in Changchun, a capital city of Jilin province in mainland China. The company sells a variety of products, both wholesale, and through its retail medical store chain. NutraDyne has a fourteen year operating history that started as a combination of a pharmaceutical wholesale supplier, retail pharmacy chain and third party medical supplier. Today, the company has eleven stores in Northeast China, and two pharmacies (under construction) in the United States. The company's U.S. headquarter is in City of Industry, California. The company maintains 3 regional business offices and a headquarters in China.

The subsidiary Corporations owned by NutralDyne include:

Changchun Yongxin Dirui Medical Co., Ltd.

JilingYongxin Pharmacy Chains

Tianjin Yongxin Pharmacy Chains

Jilin Dingjian Natural & health products Co., Ltd.

Forward-Looking Statements:

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

Contact:

Nutradyne, Inc.

Samuel Liu

President

1.626.581.9098

http://www.nutradyneusa.com

In China:

Changchun Yongxin Dirui Medical Co., Ltd.

Nanhuan Road. 2152

Changchun, Jilin

Phone: 86-431-85850966

yx@jlyongxin.com


'/>"/>
SOURCE NutraDyne Group, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. HEI, Inc. Closes on Sale of RFID Division Assets
2. Bally Total Fitness Emerges From Chapter 11 and Closes Transaction with Harbinger Capital Partners Funds
3. Nexia Closes Acquisition of Green Endeavors; Landis Salons On Track to Generate Revenues of $2.2 Million in 2007
4. Actor Joe Pantoliano Discloses Depression; Talks About His Latest Movie and His Sensitive Side
5. Stryker Discloses Informal Inquiry Made by United States Securities and Exchange Commission
6. MediKeeper Closes Series A Financing Round with PacifiCap as Lead Investor
7. Pfizer Closes La Jolla Campus Due to Continuing Fire Emergency
8. NovaBay Pharmaceuticals Closes Initial Public Offering of Common Stock
9. BCP Veterinary Pharmacy Helps Cure Diabetic Cats with BCP PZI(R), the Closest Match to Feline Insulin Available
10. Danaher Closes Subsequent Offering Period for Tektronix; Acquires Over 90% of TEK Shares
11. MM2 Group Closes $1.1 Million Sale
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/27/2016)... ... May 27, 2016 , ... ... is bolstered by inspiring human-interest stories, courtesy of awareness-driven celebrities and thought leaders. ... from leading advocates, associations and industry leaders such as Bioness. , As ...
(Date:5/27/2016)... ... May 27, 2016 , ... ... is bolstered by inspiring human interest stories, courtesy of leaders in the nursing ... tech within the industry, from leading advocates and associations—namely Jones & Bartlett Learning. ...
(Date:5/27/2016)... ... ... With a team of certified experts, Validation Center is ... GMP accreditation, Validation Center is also a registered authority of the international system ... Validation Center is ISO17025 accredited and only offers its clients the latest technology, ...
(Date:5/26/2016)... ... May 26, 2016 , ... W.S. Badger Co. Inc ., the maker ... 2016 When Work Works Award for its use of effective workplace strategies to increase ... Works project administered by the Families and Work Institute (FWI) and the Society for ...
(Date:5/26/2016)... ... May 26, 2016 , ... Georgia State University College of ... programs. , Answering to the increasing demand for curricular specializations, the Certificate in ... environmental and land use law. ,  , “The demand for lawyers with specific ...
Breaking Medicine News(10 mins):
(Date:5/25/2016)... , May 25, 2016  According to Kalorama Information, ... billion in 2015.  Though these are challenging times ... opportunity for success for companies that remain optimistic ... of new growth prospects medical device companies spend ... and development (R&D) than do companies in other ...
(Date:5/25/2016)... 25, 2016 Digital Health Dialog, LLC ... by the US Patent and Trademark Office of ... proprietary processes for electronic opt-­in and processing of ... programs, HIPAA compliance and otherwise. Logo - ... "Our technology allows for individuals to ...
(Date:5/24/2016)... , May 24, 2016 ... Markt gebracht, die es Ärzten erlaubt, ihre Expertise ... behandeln: MDLinking kombiniert Live Streaming mit einer Instant-Messaging-Funktion ... zu kommunizieren. Mediziner in Europa, Afrika, Asien und ... bereits für die Plattform registriert. Information ...
Breaking Medicine Technology: