FORT LAUDERDALE, Fla., Dec. 5, 2011 /PRNewswire/ -- Hybrid Fuels, Inc., (Pink Sheets: HRID) announced today a reorientation of its main business activities and new strategic goals.
The company will transform itself into a nutraceutical/pharmaceutical business venture that will focus on providing natural or nutraceutical solutions to medical conditions that would normally be treated or addressed with pharmaceutical drugs that are more damaging and can cause side effects that are sometimes even more harmful than the condition being treated. The company's niche in the market place will be to provide nutraceutical alternatives and solutions to patients ranging from impotence, acne, cholesterol and many other common conditions.
"Despite globalization, rocky economics and an uneasy healthcare system, the dietary supplement market continues to grow already boasting an estimated $25 billion in U.S. sales. According to a survey conducted by Ipsos-Public Affairs for the Council for Responsible Nutrition, 65% of adult Americans (approx. 150 million) label themselves as supplement users. The acquisition of EMG Marketing Solutions was the first step in implementing our new strategic goals focused on this evolving market. EMB not only brings seasoned leadership in the nutraceutical industry but patented product formulations that are proven to help treat every day health conditions. We look forward to announcing product lines in production over the next couple of weeks," stated Philip Schmidt, CEO of Hybrid Fuels, Inc.
About Hybrid Fuels, Inc.
The company was incorporated in the state of Nevada in 1998 as Polo Equities. It has primarily been a development stage company with management focused on developing innovative business opportunities and further advancing technologies.
Forward-Looking Statements - This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that could cause future results to differ materially from the forward-looking statements. You should consider these factors in evaluating the statements herein, and not rely on such statements. The forward-looking statements in this release are made as of the date hereof and Hybrid Fuels, Inc. undertakes no obligation to update such statements.
Hybrid Fuels, Inc. - 954-903-2993
|SOURCE Hybrid Fuels, Inc.|
Copyright©2010 PR Newswire.
All rights reserved