Stevia Nutra Corporation (OTC:BB STNT) – (The Company), an Agro-Management company focused on stevia agronomics is pleased to announce that it has successfully acquired 50 acres of prime agricultural land in Cambodia for its new innovative Stevia Propagation Centre (SPC). The property is located just outside the town of Kampong Speu, in close proximity to the country’s capital city and commercial hub of Phnom Penh, and the coastal port of Sihanoukville. This advantageous location is expected to provide the Company with lucrative import and export opportunities, enabling it to capitalize on the explosive demand for this all-natural, zero calorie sweetener. From this location, all cultivation and research and development activities will be coordinated to support the planned expansion to 5,000 acres. “We are thrilled to have secured this exceptional site for our Southeast Asia Stevia Propagation Centre,” said President Brian Dicks. “We chose Cambodia as the hub of our operations based on its ideal climate, our relationships in the region, the proximity to markets and the strong local support for agro development projects.” “The land is perfect for stevia growth,” said Chief Agronomist Dr. El-Sheikh. “I have been working on stevia cultivation and propagation for the past 17 years and I have not encountered such optimal conditions. Our access to clean ground-water and facilities make this particular location ideal for our Stevia Propagation Centre.” About Us Stevia Nutra: Stevia Nutra is an Agro-Management company focused on stevia agronomics which includes plant breeding, proprietary agricultural practices and post-harvest techniques. Stevia Nutra intends to invest heavily in R&D and IP acquisition and manage large-scale plantations for the production of high value stevia products. Stevia Nutra is dedicated to utilizing best agronomic and business practices to demonstrate the sustainability and profitability of stevia production. By subscribing to, and implementing the performance standards published by the World Bank, Stevia Nutra is committed to becoming the premier producer of the highest quality stevia. Stevia Nutra recognizes the potential this remarkable plant has to reduce the global epidemic of obesity and diabetes and promote general good health. The Company's priority will be to embrace sustainability for smarter innovation and profitable growth.
Stevia and the stevia sectorStevia is the world’s only all natural zero calorie sweetener. Since being approved by the United States Food and Drug Administration late in 2008, stevia can now be found in over 6,000 food, beverage and medicine products, with many more new products to follow as globally consumers are making healthier food choices. Stevia is the fastest growing sweetener product in the world. The World Health Organization estimates that stevia will replace up to 20% of the global sweetener market valued at over $10 Billion USD. Zenith International expects that stevia agriculture production will have to triple within two years to keep up with the strong demand. Only one year after FDA approval in the U.S., stevia sales surged past both aspartame and saccharin in the tabletop sugar market. Safe Harbor Statement Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, but are not limited to, statements with respect to the ability of the Company to become the world’s largest producer of the highest quality stevia, the ability of the Company to expend resources on R&D and IP acquisitions, the Company being in a position to take advantage of its strategic location and the Company’s plans to expand its land position to 2,000 acres. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing and completion of contemplated financings, the actual use of proceeds, receipt of regulatory approvals and the ability to secure sufficient land for cultivation. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed corporate development and expansion plans will proceed as planned; (2) market fundamentals will result in sustained commodities pricing and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements. These risks and uncertainties include those relating to: lack of operating history, transitioning from a development company to an operating company, market acceptance of our products and services; operational difficulties relating to international operations; our ability to form and maintain mutually beneficial relationships with customers and strategic partners; changes in economic, political or regulatory conditions or other trends affecting the food sector, and our ability to attract and retain qualified personnel. Further information about these matters can be found in our Securities and Exchange Commission filings. We expressly disclaim any intent or obligation to update these forward-looking statements. Further information on the Company can be found at www.sec.gov and the company’s website at www.stevianutra.com .