NutriPure Beverages has unveiled its new CFO as well as disclosing that it is taking "additional steps to prepare the company for possible moves to either a fully-reporting pink sheets company or to a higher exchange".

The company said on Friday (29 February) that Sherry Tapp, who previously worked for the homebuilders K Hovnanian Enterprises as a budget financial analyst, will take on the role.

NutriPure Beverages CEO and president Steve Nickolas said: "Ms Tapp will play a key role in next few months as we prepare for our upcoming annual audit and begin production and distribution of our Nu2O product line. This is a very exciting time in terms of NutriPure's corporate development. We are positioning the company into a very strong situation in terms of financial reporting and trading options."

Last week, the company launched a corporate website in an effort to communicate its corporate philosophy, product line and detail investment opportunities within the company. The company also recently said that it is in the final stages of negotiations for the acquisition of assets for a second water company. A further announcement regarding that transaction is expected in due course, the company said at the time.

NutriPure Beverages produces and distributes a line of nutrient-enhanced bottled water products free of calories, carbohydrates and colours.