DENVER, Oct. 3, 2011 /PRNewswire/ -- FusionPharm Inc.
(pinksheets:FSPM), is pleased to announce that they have signed a
non-binding letter of intent to acquire a majority interest in
Lehi Roller Mills, a 106 year old
Utah based manufacturer of high
quality baking flour and related products.
"We are very excited to explore this acquisition as a first step
for FusionPharm into the local/organic food marketplace," said
company CEO Scott Dittman. "Our
GroPods have many applications in the local foods marketplace and
we are excited to build upon that foundation with some strategic
acquisitions in the same sector."
About FusionPharm Inc.
FusionPharm Inc. ( http://www.fusionpharminc.com ). FusionPharm
is the creator and manufacturer of GroPods ™ cultivation containers
and is actively pursuing expansion into the natural foods
marketplace.
Notes About Forward-Looking Statements:
Except for any historical information contained herein, the
matters discussed in this press release contain forward-looking
statements that involve risks and uncertainties, including those
described in the Company's Securities and Exchange Commission
reports and filings. Certain statements contained in this release
that are not historical facts constitute forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995, and are intended to be covered by the safe
harbors created by that Act. Reliance should not be placed on
forward-looking statements because they involve unknown risks,
uncertainties and other factors, which may cause actual results,
performance or achievements to differ materially from those
expressed or implied. Forward-looking statements may be identified
by words such as estimates, anticipates, projects, plans, expects,
intends, believes, should and similar expressions and by the
context in which they are used. Such statements are based upon
current expectations of the Company and speak only as of the date
made. The Company undertakes no obligation to update any
forward-looking statements to reflect events or circumstances after
the date on which they are made. For more information about GroPods
or any of FusionPharm Inc.'s products or services, call them at
720-458-0686 or view them on the web at
http://www.fusionpharminc.com .
SOURCE FusionPharm Inc.