NNRX NUTRANOMICS INC

NutraNomics, Inc. Announces New Executive Team Members in Agriculture and Wholesale Materials Management

NutraNomics, Inc. Announces New Executive Team Members in Agriculture and Wholesale Materials Management

Huntington Beach, CA, Oct. 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --NutraNomics is proud to announce Neil Zoller as Senior Vice President of Agriculture Supply Chain. 

Neil Zoller brings 35 years of Construction Management experience to the team, including experience in Mining, Alternative Energy Projects, Processing and Manufacturing plants throughout the United States and abroad, including Australia, Puerto Rico, Venezuela and Mexico.

Over the course of Neil’s extensive career, he has lead organizations in project design development, architecture and engineering, budget development, cost control, general contracting and delivers strong negotiation skills with governmental agencies, owners and financial institutions. Neil understands models that have worked, how to determine the best outcome for the costs, and been instrumental in turning many companies around. Neil recently stepped down from his position as President of American Diversified Energy, a California based renewable energy company, to pursue a long-dormant passion for cultivation to work with NutraNomics. 

A list of past projects highlights how Neil has been integral in large scale, multi-million dollar, international and domestic projects. Neil understands the benefits of being active in identified areas of development within project communities at the city, county, and state levels. He has previously served in a variety of roles, from commissioner seats to head of economic development, giving him a unique appreciation for what local communities are looking for with regards to what defines a successful venture at the local level.

“We are fortunate to have Neil’s leadership and vision moving forward,” says Jonathan Bishop, CEO of NutraNomics. “Neil has been providing advisory services as we have been working through the exceptionally steep growth in NutraNomics over the last 5 months. His extensive history of managing multi-million-dollar projects in energy, infrastructure and constructions will be significant in meeting our agricultural needs while maintaining tight oversight on cost controls. I can’t think of a person better suited to the role and the attention to detail required than Neil.”

We are excited about Neil’s contribution and participation in joining the executive team. Neil will be overseeing the vetting and expansion projects contemplated for NutraNomics farming subsidiary, BioMedical Holdings, LLC.  Neil’s investigation of locations, from soil and energy analysis to renovation and improvement of potential special-purpose structures provides NutraNomics a uniquely skilled executive capable of analyzing costs, from execution to profit, with an experience level that is hard to find in the market today. Neil will also be expanding the footprint of our farmer co-op, adding more locations while providing exceptional value and access to individual farmers typically left to survive solo. In a dynamic industry where everyone is essentially trailblazing due to the new and largely unregulated environment, Neil will help define and nurture the farming community while building out BioMedical Holding’s agricultural plan. 

NutraNomics is proud to announce Geoff Bazegian as Senior Vice President of Wholesale Materials Division.

Wholesale Materials Division within NutraNomics is a powerhouse and one of the keys to NutraNomics success in the pursuit of farming medical and industrial hemp. Wholesale Materials is responsible for the successful transacting of all materials derived from farming hemp. Currently, NutraNomics has a vibrant stable of farmers that look to NNRX for the sale of their hemp to the market. The Wholesale Materials team has streamlined and created unmatched transparency in the transactional process to serve our co-op of farmers already under NutraNomics guidance and care. Geoff will continue to work with management to strengthen position in the marketplace building the infrastructure, both in technology and personnel.

Geoff Bazegian brings over 25 years of achievement in the areas of business development, new market expansion and partnership relationship management in competitive markets both domestically and globally.  Having experienced the ever-changing world of telecommunications over this period, Geoff’s success has been realized through his administration of business development in evolving new market opportunities, and executing effective marketing strategies designed to best appeal to those targets.

Geoff joined Network Plus in the 1990s where he was credited with founding and managing several divisions that oversaw sales initiatives to large corporate customers, affinity groups, and large-scale wholesale carrier accounts.  As Vice-President and co-founder of Network Plus’ International Wholesale Division, he was responsible for a business unit that produced new revenues in excess of $140M annually, fueling the Company’s successful Initial Public Offering in 1999.  Geoff was also a founding executive member of QuaesTel, Inc., where he was responsible for the implementation and oversight of all sales and business development for all channels, directly and indirectly, throughout the U.S. and Central and Eastern Europe.  Additionally, Geoff has served as an independent consultant in the areas of wireless technology and IP-based communications/contact center systems integration to various firms located throughout the Northeastern US.

“Geoff is one of the most creative problem solvers I have ever had the privilege to work with,” according to Jonathan Bishop.  “Geoff is helming an exceptionally important department within NutraNomics. His ability to bring organization to chaos will wrangle the most difficult and wide-reaching transactions into focus. Geoff is exceptionally astute in building and training a dynamic workforce in a constantly evolving market.”

Geoff’s understanding of how to develop emerging markets into a viable business structure will be instrumental in NutraNomic’s continued growth in the hemp wholesale space, still considered a loosely regulated industry historically until legally regulated in December of 2018 through the Farm Bill. Geoff’s approach has brought order to chaos while providing unprecedented transparency for buyers of biomass, smokable flower, isolate, distillate and crude. The procedures and policies established are allowing for unparalleled data analysis of the metrics that lead to successful transactions.  

The Wholesale Materials Division will be housed in Worcester, Massachusetts and is expected to be open and fully staffed in Q1 of 2020.  

SAFE HARBOR STATEMENT

This release may contain certain forward-looking statements regarding our prospective performance and strategies 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. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations of our company, are generally identified by the use of words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “project,” “seek,” “strive,” “try,” or future or conditional verbs such as “could,” “may,” “should,” “will,” “would,” or similar expressions. Our ability to predict results or the actual effects of our plans or strategies is inherently uncertain. Accordingly, actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Some of the factors that could cause our actual results to differ from our expectations or beliefs include, without limitation, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company’s control. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Except as required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date on which such statements were made.



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21/10/2019

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