OREANDA-NEWS. April 05, 2010.  Nutritek shareholders’ refusal to participate in an SPO means the company may not ask for additional funds, which exposes it to an increased risk of bankruptcy.

The bulk of Nutritek shareholders said at a BoD meeting held April 2 that they were not to participate in the company’s previously declared follow-up offering. The official reason why the shareholders are unwilling to invest additional funds in the company has not been disclosed.