Market research
NutriPure Beverages has announced that its CEO has been "removed from all his positions".
The company said that Steve Nickolas was voted out by shareholders and left his role on Wednesday (5 March).
NutriPure's SEC attorney, Luke Zouvas, has been named interim CEO and sole member of the board of directors, the company added.
No further details were given regarding Nickolas' departure.
In the past fortnight, the company has unveiled its new CFO, disclosed 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" as well as launching a corporate website.
NutriPure 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.
Sectors: Soft drinks, Wine