InTerra Resources Corp (PK) (ITRX) News

$ITRX InTerra Resources Corp. announces acquisition of Helica, LLC., a biopharmaceutical product distribution firm, with exclusive distribution licenses from Sol Biotech, LLC.,Press Release | 05/24/2022

InTerra Resources Corp. (OTC: ITRX) announces acquisition of Helica, LLC. (Helica), a biopharmaceutical product distribution firm, with exclusive distribution licenses from Sol Biotech, LLC., which is focused on RNA viruses, including fusion inhibitors and immune-boosting nutritional supplements.


Following the combination, the Company elected new officers and directors as follows:

Robert Altermatt President and CEO

Chanda Zaveri Chief Scientific Officer, Ms Zaveri is currently the President and CEO of Sol Biotech.

Frank I Igwealor Chief Financial Officer.


The deal is expected to close in Q2, 2022, after which, InTerra Resources Corp., through Helica, will engage in marketing and distribution of biopharma products developed by Chanda Zaveri under the company name of Sol Biotech. Chanda Zaveri is the President and CEO of Sol Biotech and Robert Altermatt serves as a research scientist at Sol Biotech. The pair of Chanda and Bob have been working to expand the application of dietary supplements developed by Chanda Zaveri and formulated to combat the effects of RNA viral infections. Helica has been granted exclusive distribution rights throughout the continent of Africa for a Sol Biotech product line under the trade name of Virucine-C.


About Helica, LLC.

Helica, LLC is a California limited liabilities Company that will serve as a subsidiary of InTerra Resources Corp. Robert Altermatt is the President and CEO of Helica, LLC.


About InTerra Resources Corp.

InTerra Resources Corp., a Nevada Corporation was originally incorporated as Argent Investments, Inc. on October 29, 1998. On August 16, 2004, the Company changed its name to China Resources Group, Ltd. before changing it again on October 20, 2006, to InTerra Resources Corp. The company operations have historically focused on opportunistic acquisition and development of business interest in its field of interest.


Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, the Company's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond the Company's control.

CONTACT:

Invest@cbdxfund.com

Same CEO as LBWR

Change of control - President Added: Robert E Altermatt

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$ITRX Annual Report filed. 03/21/2022 https://www.otcmarkets.com/stock/ITRX/disclosure

yikes.. go inTerra

Court just granted the 10M share cancellation request! Guess I posted the wrong date in the previous post. $ITRX

$ITRX 10M-Share-Cancellation court-date on 3/22/22. May-Become 9.1M-O/S, then merger.

$TIRX Statistics:
Market Cap : $22.40M
Trailing P/E : 30.16
Profit Margin : 11.15%
Total Cash : $18.16M
Total Debt : $259.25K
Net Income : $465.88k
Float : 4.18M
% Held by Insiders : 24.61%
% Held by Institutions: 7.72%

Pink current finally...way to go Frank!

Yes same $ITRX

I hope I can get in below $.15 when it goes Yield

In the OTC update below, why would they update the website to “DVFImerger.com”?? Are ITRX and DVFI shells merging? That makes no sever. DVFI is also an Alpha Custodian play.

?? $ITRX

??0.1200
Pink No Info, AS: 100M, OS: 19M

Address Updated:
?? 1500 - 4 Robert Speck Parkway, Suite 900, Mississauga, ONT, L4Z 1S1, Canada (GMaps)
?? 370 Amapola Avenue, Suite 200-A, Torrance, CA, 90501, United States (GMaps)

Website Updated:
?? http://www.interraresourcescorp.com
?? https://www.DVFImerger.com

Phone Updated:
?? 905-281-3948
?? 310-895-1839

Officer(s) Added:
??Frank I. Igwealor, President, CEO

Officer(s) Removed:
??Gerry Belanger Jr., President, CEO

Email Updated:
?? info@interraresourcescorp.com
?? franklin@cbdxfund.com

OTC Profile, Twitter Search, @otcupdates

Update: 2021-09-06 02:44:23 (UTC)

$ITRX added some .07

Yes I agree $ITRX

We Will be rocking and rolling once we get reinstated with NV SOS as well which shouldn't be that long if I look at the history with Alpharidge_Cap

I believe that out of all the Alpha custos this has the lowest float, so if we get our merger news here this will most likely see the highest ROI, Imo around $10 $ITRX

Yes sir!!! $ITRX

Big week next week!

Boommzoooooo!!!! Custo granted!!! Looking for $2+ here once we start getting updates and go pink current small float $ITRX

Boom! custo granted! 52 wk hi .44 currently at.19

Court still in session.. Bids popping up

NHOD $ITRX

Nice buying, we find out if custo granted to Alpha through Twitter later today, court hearing in procession still I believe. $ITRX

Custo appointment tomorrow at 9AM think she will be flying like $BMRK did today you’ve been warned $ITRX

9 Mil float Alpha getting custodian with court hearing tomorrow at 9AM and not a peep or buy? Beautiful lol love when it’s quiet $ITRX

Yes sir!!! Two more days $ITRX

Tic Tic

Surprised this is red today with the court date coming up! This will fly hard once the custo is granted imo $ITRX

Yup once granted the flood gates to get in will open $ITRX

Tic Toc ..APPLICATION FOR CUSTODIANSHIP FILED

Gotta think we get an update any day from Alpharidge Capital, LLC

Boom custodian news just hit SOS .. order shortening time! "Ex-Parte Application for Order Shortening Time"

ITRX Low float & that moves extremely well. Custo Petition from
Alpharidge Cap.. L2 is nuts

Get any fill or hoping for more of a pullback?

It's def possible or waiting for court updates today to ensure an expedited custo is in progress. Being behind the market in their time zone always delays postings to late morning or afternoon.

Low/No volume day. Have to wonder whether the big buyer from Friday is hoping another block of shares come down.

$ITRX - Yes, there were six custo entries for $ITRX Thursday and Friday on filing:re on behalf of Alpharidge Capital. Watching today for the Order Shortening Time to post.

Custodianship play with less than 20 million shares outstanding.

First motions to get custodianship were filed as per Volfan's post.

Why the sudden surge in volume??? Thanks!!!

Bid $0.05 Ask $0.20

Pretty wide spread.

New custo application submitted by alpharidge.


ITRX
Interra Resources Corp.
Alpharidge Capital LLC, Plaintiff(s) vs. Interra Resources Corp., Defendant(s)
Complaint
Comment: Application for Appointment of Custodian
ITRX
Interra Resources Corp.
Alpharidge Capital LLC, Plaintiff(s) vs. Interra Resources Corp., Defendant(s)
Initial Appearance Fee Disclosure
Comment: Initial Appearance Fee Disclosure