Nutroganics, Inc. (OTCPK:NUTT) signed a letter of intent to acquire certain assets of Wholesoy & Co. on December 8, 2014. The transaction is subject to several conditions, including working out suitable terms with Wholesoy's vendors and certain Wholesoy creditors. Nutroganics anticipates that the acquisition would be accretive immediately on a revenue per share basis and, after a 120 day transition, would be accretive on an EBITDA per share basis.

Nutroganics, Inc. (OTCPK:NUTT) cancelled the acquisition of certain assets of Wholesoy & Co. on December 8, 2015.