Stocks in play: Nepra Foods Inc
Announces the retail launch of its industry-leading, dried and shelf-stable ProPasta® noodles. The Company has now finalized both retail packaging design and UPC code registration, in addition to logistics and distribution partners. The initial launch will include three SKUs (rotini, rigatoni, and shells) in eight-ounce packages at a retail price of $4.99 to $5.99. The noodles, which are not only gluten and allergen free, are indistinguishable from conventional pasta but contain superior nutritional content with 30 grams of protein, 30 grams of net carbs, and nearly 20 grams of fiber per serving. The Company currently has an initial internal annual production capacity of 500,000 boxes with the ability to scale production to 1.7 million boxes utilizing the existing manufacturing footprint. Nepra Foods Inc shares C.NPRA are trading unchanged at $0.09.
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