NetBrands Corp Signs Letter of Intent to Acquire Zero Gravity
ISLAND PARK, N.Y., April 22, 2024 (GLOBE NEWSWIRE) — NetBrands Corp., a Delaware corporation (the “Company”; OTC: NBND) announces that the company has issued a letter of intent and plan to acquire OMM Imports, LLC, Elevare Skincare LLC, and Market Innovations, LLC (“Zero Gravity”). Zero Gravity is a leading player in the skin care home use devices operating successfully since 2016. Their line of products is consistent of patented FDA-approved class II medical devices (“FDA Approved Products”), as well as other devices that aim to treat pain and hair loss. The technology used in the FDA Approved Products is based on LED and infrared light therapy to help individuals improve their skin health and appearance by fighting and slowing down the natural skin aging process. The FDA Approved Products demonstrated in clinical trials their effectiveness in improving overall skin health by fighting wrinkles, sunspots, and acne. The products are distributed in the USA and other 30 countries around the globe.