Nutranomics, Inc. (OTCPK:NNRX) entered into a binding letter of intent to acquire assets of DHS Development Inc. from DHS Development Inc. on January 20, 2022. NutraNomics is committing up to $1 million of leveraged interim capital for manufacturing assets necessary to serve immediate customer product demand. On March 29, 2022, the parties entered into a definitive agreement for the transaction. The transaction is expected to close in the coming days.

Nutranomics, Inc. (OTCPK:NNRX) completed the acquisition of DHS Development Inc. from DHS Development Inc. on April 28, 2022. In exchange for 100% of The Plant, NutraNomics equity positions were extended to the existing stakeholders of The Plant as a form of "stock swap". As founders of The Plant, the three majority stakeholders will remain on as top management executives for the company. Additionally, they will all receive appointments to the NutraNomics Board of Directors. Through the Regulation A as a financial instrument, NutraNomics has committed a minimum capital investment of $6.5M over a 12 month disbursement schedule. Richard A Weintraub. of Weintraub Law Group acted as legal advisor to DHS Development Inc. and Jeff Turner of JDT-Legal, PLLC acted as legal advisor to Nutranomics, Inc. (OTCPK:NNRX) in the deal.