News Feed Item

Nerium Corporate Update

SAN ANTONIO, TEXAS -- (Marketwired) -- 05/02/14 -- Nerium Biotechnology, Inc. ("NBI") wishes to announce that its Board of Directors has met and made the following resolutions:

--  Mr. Richard Boxer of Toronto, Canada has been appointed as a director of
    NBI and the number of directors has been increased from six to seven.
    Mr. Boxer has extensive experience with business and community
    organizations in both the "for profit" and "not for profit" sectors and
    has served in numerous capacities on various boards and committees. He
    has expertise in complex political, regulatory and compliance
    environments dealing with securities, licenses and labour in Canada. Mr.
    Boxer has extensive knowledge of Canadian equity and debt markets for
    both private and public markets and is currently the President of
    Buckingham Capital Corporation, a small privately owned Canadian
    merchant bank. Mr. Boxer was granted 50,000 options under NBI's
    incentive stock option plan (the "Plan"). Each option entitles the
    holder to acquire one common share of NBI at the price of US$2.00 per
    share until April 28, 2024 and is subject to the terms of the Plan and
    any necessary regulatory and stock exchange approvals.

--  NBI will withdraw its application to the Ontario Securities Commission
    seeking a ruling that it cease to be a reporting issuer. The application
    was announced in the NBI's press release dated February 25, 2014.

--  The annual meeting of shareholders has been scheduled for June 25, 2014
    and the record date for determining shareholders entitled to vote at the
    meeting has been set at May 9, 2014. In accordance with the new by-laws
    of NBI approved at the last annual meeting of shareholders, NBI will
    utilize the Notice and Access process for delivering shareholder meeting
    materials. Under Notice and Access, NBI will deliver proxy-related
    materials by: (i) posting the information circular and other related
    materials on a non-SEDAR website; and (ii) delivering a notice advising
    the shareholders that the proxy related materials are available on the
    website and how they will be able to access the materials. A form of
    proxy will also be included in the Notice and Access package.

--  The audited annual financial statements and the annual Management
    Discussion and Analysis for the year ended December 31, 2013 were
    approved and filed with the NBI's documents on SEDAR (www.sedar.com).

About Nerium Biotechnology, Inc.

NBI is a biotechnology company involved in the research, product development, manufacture and marketing of Nerium oleander-based products. Our existing product line includes Anvirzel™, NeriumAD® (Day Cream and Night Cream) and the recently introduced NeriumFirm™, a contour cream.

For many years, the Company was dependent on oleander biomass from a third party grower. During 2013, the Company began to take steps to further enhance quality control at the farm level by purchasing the farming operations. The Company now owns the land and the plants grown to produce the biomass that is used in making of the oleander based extracts.

NeriumAD (night cream) is a cosmetic product designed for use on wrinkled and/or aging skin. A companion product is the NeriumAD™ Day Cream. These products were developed by our wholly-owned subsidiary, Nerium SkinCare, Inc. ("NSC") and are manufactured for NSC by third party companies. The products are then marketed by Nerium International, LLC ("NI") based in Dallas, Texas. The third skincare product, NeriumFirm™, is being introduced in second quarter of 2014.

The Company is a reporting issuer in good standing in the Province of Ontario whose shares are not listed on any stock exchange or quotation system. There are 36,006,681 common shares issued and outstanding.

Nerium Biotechnology, Inc.
Joseph B. Nester

Nerium Biotechnology, Inc.
Dennis R. Knocke
President and CEO

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Fifty billion connected devices and still no winning protocols standards. HTTP, WebSockets, MQTT, and CoAP seem to be leading in the IoT protocol race at the moment but many more protocols are getting introduced on a regular basis. Each protocol has its pros and cons depending on the nature of the communications. Does there really need to be only one protocol to rule them all? Of course not. In his session at @ThingsExpo, Chris Matthieu, co-founder and CTO of Octoblu, walk you through how Oct...
SYS-CON Events announced today that Embotics, the cloud automation company, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Embotics is the cloud automation company for IT organizations and service providers that need to improve provisioning or enable self-service capabilities. With a relentless focus on delivering a premier user experience and unmatched customer support, Embotics is the fas...
DevOps is speeding towards the IT world like a freight train and the hype around it is deafening. There is no reason to be afraid of this change as it is the natural reaction to the agile movement that revolutionized development just a few years ago. By definition, DevOps is the natural alignment of IT performance to business profitability. The relevance of this has yet to be quantified but it has been suggested that the route to the CEO’s chair will come from the IT leaders that successfully ma...
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
The Quantified Economy represents the total global addressable market (TAM) for IoT that, according to a recent IDC report, will grow to an unprecedented $1.3 trillion by 2019. With this the third wave of the Internet-global proliferation of connected devices, appliances and sensors is poised to take off in 2016. In his session at @ThingsExpo, David McLauchlan, CEO and co-founder of Buddy Platform, discussed how the ability to access and analyze the massive volume of streaming data from millio...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Eric Robertson, General Manager at CollabNet, will discuss how customers are able to achieve a level of transparency that e...
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading vendor in the network monitoring and high speed networking markets. Based in the heart of Silicon Valley, Interface Masters' expertise lies in Gigabit, 10 Gigabit and 40 Gigabit Eth...
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, will draw together recent research and lessons learned from emerging and established ...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...