Inergetics Inc (OTCMKTS:NRTI) reported it has formalized a deal to represent sales and marketing for its Nulief™ CBD brand. The agreement is made to develop and implement potential distribution when the brand moves from “test & learn” to mainstream sales channels. The new deal is a significant step in the process as the company plans for the brand post evaluation in dispensaries.

The buzz

Inergetics is a nutraceutical firm that wanted to capitalize on the cannabis rush that affected the OTC Markets last year and sent the stock of marijuana-related firms sky-high. To this day, Inergetics stock is traded as a marijuana-stock, so upon considering the charts it should be assumed that the recent spike in activity was a result of some positive news that got investors impressed about NRTI’s marijuana-prospects. It is how it works in the marijuana division.

Lack of news

Oddly enough, there is no positive announcement from Inergetics that boosted the stock price on Friday’s trading session. Sure, there is some hype on the message boards as they are flooding with optimistic predictions. There are no press releases, no new pumps and no activity on the Inergetics social network accounts. The last news release came in last week of May and from there on there has been no update from company.

The performance

As per the latest report, Inergetics Inc (OTCMKTS:NRTI) had $28,000 in cash. The total current assets came at $318,000 and total current liabilities were $14 million. The total revenue was $284,000 and net loss was $4.4 million. Also, company has an accumulated deficit of almost $1 billion. Inergetics outstanding common stock surged four times in the past 18 months. So, the problems are many and it is reason why the stock eroded its gains on Monday’s trading session.

In last trading session, the stock price of NRTI declined more than 38% to close the trading session at $0.00080.

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Steve Kanaval: Portfolio Manager/Writer/ Market Analyst Steve began his career in the Trading Pits in Chicago making markets at the Chicago Mercantile Exchange (NYSE:CME) the Chicago Board of Trade and the CBOE in the early 80’s. He ran the Morgan Stanley Derivative Prop Trading for the firm specializing in Index Arbitrage. He continued his career as a Trader/Portfolio Manager for multiple Hedge Funds during the Internet Boom of the 90’s managing large portfolios. Steve is known as an expert in MicroCap Technology Stocks and the emerging Digital Currency markets as a Portfolio Manager for his Family Office. Steve has managed portfolio’s in volatile asset classes for 3 decades as a commodity trader, hedge fund manager and digital currency trader and miner. Steve publishes his views on the asset classes in a public forum and has published more than 10,000 articles simplifying these complex and volatile assets for readers. His work is published on multiple sites including Bloomberg,,, CryptoCurrencyNews as a paid contributor. His work includes research, journalism and archived video on important market volatility related to stocks, digital currency and other volatile misunderstood asset classes. He offers a humorous, unique insight and the related back stories and drivers for readers interested in volatility and emerging market assets. Full disclosure Steve is long 25 digital currencies and sits on the board of multiple public companies involved in digital currencies, and owns shares in these companies from time to time.