True 2 Beauty, Inc. (Pinksheets:TRTB), a leading manufacturer and distributor of male sexual potency pills and liquid products in the United States, reported the "Libigrow" family of products will have much larger production capacity as a result of a private placement of five million dollars.
The financing is at $0.20 per share and no warrants are attached. The first $2,300,000 has been subscribed and the first wire transfer order has been received. Accredited investor customers of True 2 Beauty and European Accredited investors are the subscribers. True 2 Beauty expects to have the offering over subscribed.
Proceeds will be used to increase True 2 Beauty's Los Angeles manufacturing facility from its current one million pills per month to twenty million pills per month.
Alex Hbaiu, President and CEO of True 2 Beauty, Inc., stated, "This financing to expand our production will allow us to quickly fill our order backlog and to sign new orders from customers we met at this month's National Convenience Store Trade Show (NACS) which has 143,000 members in the United States."
True 2 Beauty, Inc. is a leading manufacturer and distributor of male sexual potency pills and liquid products in the United States. The True 2 Beauty, Inc. line of current products includes Libigrow, Libigirl, Libiliquid Shots and the Libiliquid Relaxation Drink.
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