Navigation Links
NutraDyne, Inc. Closes Amended Exchange Agreement With Changchun Yongxin Dirui Medical Co., Ltd.

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.


Nutradyne, Inc.

Samuel Liu



In China:

Changchun Yongxin Dirui Medical Co., Ltd.

Nanhuan Road. 2152

Changchun, Jilin

Phone: 86-431-85850966

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:
(Date:10/13/2015)... (PRWEB) , ... October 13, 2015 , ... According to ... a recent study has shown that women who successfully lose weight with a bariatric ... the United States each year. The article notes that anywhere from 40 to 50 ...
(Date:10/13/2015)... ... 13, 2015 , ... Symposium Chairman, Dr. Rod J. Rohrich is pleased to ... be held March 2nd and 3rd, 2016. The annual meeting, along with the ... physicians from around the world. , Key topics at this year's event will include ...
(Date:10/13/2015)... ... October 13, 2015 , ... ... unique private messaging application, announced today a significant contract that will provide its ... Independence plans to build on the growing success of its Relay program, IBX ...
(Date:10/13/2015)... ... October 13, 2015 , ... NavaFit Inc. today announced the launch of ... train with, participate in local fitness & sporting events, and stay motivated. ... high medical costs drive us to get more serious about fitness and wellness, individuals ...
(Date:10/13/2015)... MA (PRWEB) , ... October 13, 2015 , ... Protein ... of the body, including muscle, bone, and blood. But how much protein does the ... complicated than it might seem, according to the October 2015 issue of Harvard ...
Breaking Medicine News(10 mins):
(Date:10/13/2015)...  A minimally-invasive treatment just became available to men ... more than 10 years of clinical trials, the Food ... of High Intensity Focused Ultrasound (HIFU), a procedure that ... tissue and minimizing chances for erectile and urinary dysfunction ... a pioneering Miami urologist who ...
(Date:10/13/2015)... ALEXANDRIA, Va. , Oct. 13, 2015 /PRNewswire-USNewswire/ ... Pharmacists Association,s (NCPA) Digest , sponsored by ... to prescription medication and more diversified pharmacy revenue ... independent community pharmacies. NCPA Digest ... to patients and particularly those in underserved inner ...
(Date:10/13/2015)... , Oct. 13, 2015  Human Longevity, Inc. ... practice of medicine, announced today the launch of the ... project that has the potential to transform healthcare. The ... Diego, CA , at HLI,s headquarters facility. More ... in other US and International cities. ...
Breaking Medicine Technology: