Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Health & Nutrition Systems Sells Assets - Nutraceuticals World

What are you searching for?

Sign in
Market Updates

Health & Nutrition Systems Sells Assets

Author Image

By: Sean Moloughney

Editor, Nutraceuticals World

Weight management product developer and marketer Health & Nutrition Systems (HNS), West Palm Beach, FL, has entered into a definitive agreement to sell the operations of its main business to Florida-based TeeZee Inc., which was formed by Christopher Tsi, who currently serves as the CEO of HNS. Under terms of the agreement, TeeZee will acquire substantially all of the assets of HNS in exchange for payment of $411,000, of which $375,000 will be paid in cash and $36,000 will be represented by a promissory note. TeeZee will also assume ap­proximately $2 million of HNS’ debt.

Add us as a preferred source on Google

Get the latest Nutraceuticals World news, insights and analysis in your Google Search and AI experiences.

Add Nutraceuticals World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Nutraceuticals World Newsletters