LAKE FOREST, Calif., April 19, 2017 /PRNewswire/ -- Pura Naturals, Inc. a fully public reporting holding company to the U.S. Securities and Exchange Commission, Pura Naturals, Inc. (OTCMarkets.com Ticker: PNAT) has secured project financing of up to $10,000,000 from Mammoth Corporation that will accelerate management's business plan to promote expansion along with hiring of key personnel that will enable growth for its current operations and future development in the U.S.
Robert Doherty CEO, stated: "The Financing is a long-term strategic partnership that enables PNAT to fund various operational projects. Adding Mammoth Corporation as a long-term partner reduces financing uncertainty, so we can better focus on achieving our business objectives. We anticipate that the Mammoth Corporation financing will provide us with sufficient capital to continue to accelerate our current production, and reach goals set by our team."
Mr. Brad Hare, President of Mammoth Corporation, stated, "Mammoth is excited to be chosen as Pura Natural's go-to Financing Partner for the next two years. We are very optimistic about the future of the eco-friendly, kitchen-to-oil spill solutions that Pura Naturals provides and we are highly confident in management's ability to achieve their goals."
In a move to invest in significant growth, Pura Naturals aligns with investment strategist and is pleased to announce its advisory agreement with Anthony Vaz, Jr., Founder and Principal Investor with Eden Capital Investment Group.
Anthony has spent his career investing in and advising small to medium size companies. Mr.Vaz has an extensive Wall Street network that has invested over $875 million in equity and debt financing for companies both public and private. As a well-known investment expert, Mr. Vaz has been published in numerous publications and appears regularly on television news shows.
"Anthony Vaz, Jr., is an excellent addition to our financial advisory team. Mr. Vaz has attended Georgian Court University and The Wharton School of Business MBA program and a vast network throughout Wall Street, Mr. Vaz provides Pura with a solid footing for future growth," says Robert Doherty, CEO of Pura Naturals, Inc.
Mr. Vaz will be providing Pura Naturals with advice on corporate financial relations and all future growth and capital initiatives.
About Pura Naturals
Pura Naturals has a household cleaning product that absorbs grease and grime while delivering unique soap infusion without harmful chemicals or the bacteria buildup common with typical sponge products. Pura Naturals' foam technology was developed in response to the gulf oil spill. The revolutionary foam absorbs grease while repelling water and inhibiting bacteria growth and odors. The earth conscious company prides itself on its plant-based products made from renewable resources with no petroleum by-products. Further information can be found at www.puranaturalsproducts.com.
Forward-looking statements and other important information
Some of the statements herein constitute forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievement expressed or implied by such forward-looking statements.
Factors that might cause such a difference include, but are not limited to, the following:
- general economic and business conditions, both national and in the regions in which the Company will operate;
- industry capacity;
- demographic changes;
- existing laws and government regulations and changes in, or the failure to comply with, such laws and regulations;
- challenges to our intellectual property rights;
- technological developments that increase the cost of providing or reduce the demand for the Company's services;
- changes in business strategy or development plans;
- the ability to attract and retain qualified personnel;
- the availability and terms of obtaining capital to fund the Company's business;
- and other factors referenced herein.
In connection with, and because we desire to take advantage of, the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, we caution readers regarding certain forward-looking statements in the following discussion and elsewhere in this report and in any other statement made by, or on our behalf. Forward-looking statements are statements not based on historical information and which relate to future operations, strategies, financial results or other developments. Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control and many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward-looking statements made by, or on our behalf. We disclaim any obligation to update forward-looking statements.
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SOURCE Pura Naturals, Inc.