Business
LTS Nutraceuticals Acquires eGamerz Brand
LTS Nutraceuticals Acquires eGamerz Brand.
About this update from Quantum Capital Inc.
[{"type":"text","content":"\n\n\n\nLTS Nutraceuticals Acquires eGamerz Brand\n\n\n\n\n\nLTS Nutraceuticals Acquires eGamerz Brand\nPR Newswire\nHOBOKEN, New Jersey, May 11, 2017\n\n\n\nHOBOKEN, New Jersey, May 11, 2017 /PRNewswire/ --\n\nNatural Products, Inc., a wholly owned subsidiary of LTS Nutraceuticals Inc. (OTC: LTSN), today announced that they have acquired the eGamerz name, brand and domain eGamerz.com.\n\nAs previously announced NutriData of California will develop the high energy supplement specific for gamers within the esports sector. They will also handle FDA Compliance for the finished product labeling.\n\nThe staff of NutriData in conjunction with Natural products will develop the formula that will be original and exclusive to eGamerz. The supplement will be specifically formulated for increasing focus, energy, faster reaction time, clearer thinking, endurance and will be sugar free with minimal calories.\n\nThe product will be available to the consumer later this month. The initial products will include multiple flavors of a powder supplement drink mix and a high energy supplement bar. The company will add additional product line within the next couple of months.\n\nThe eSports sector will break a billion dollars in revenue for 2017 on a global basis per Business Insider and expected to reach 1.5 Billion dollars by 2020. The supplement market is expected to reach 68 billion dollars by 2024. According to ESPN there are 55 million active users with 100 million unique viewers per month. The company has elected to develop a line of supplements for this sector as a natural fit alongside its recently acquired digital network.\n\nAbout NutriData:  \n\nEstablished in 1993, NutriData was formed for the growing need for professional, cost effective nutrition analysis and labeling services. Under the direction of Carol Pirrone, Registered Dietitian, M.S., and member of the American Dietetic Association, NutriData pioneered the industry with professional analysis and nutrition labeling.\n\nAbout LTS Nutraceuticals Inc.:  \n\nHeadquartered in Hoboken, NJ, LTS Nutraceuticals Inc. is a health & wellness holding company engaged in acquiring existing companies within the sector of nutraceutical and organic products. We also develop our own branded products, develop brand identity; assist in a...