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Celsius Holdings, Inc. (OTCBB: CSUH), brand owner of Celsius, the original calorie burning beverage, recently announced that it received $1 million in bridge financing from CD Financial, LLC, a corporation controlled by Carl DeSantis. "We are very happy with the continued support from Carl and his group," said Jan Norelid, CFO of Celsius Holdings, Inc. "We have started to negotiate a $7.5 million financing with CD Financial, which we hope to finalize the financing in the next two weeks. We intend to utilize this financing to implement new marketing initiatives as well as to expand current marketing programs and for working capital."
Naturally refreshing Celsius contains no sugar, no preservatives, no high fructose corn syrup, no aspartame, no artificial flavors, and very low sodium -- a healthier alternative to energy drinks and other sugary sweet beverages. Celsius drinks are powered by the proprietary blend of ingredients, MetaPlus™, that includes Green Tea with EGCG, Ginger, Caffeine, Calcium, Chromium, B Vitamins and Vitamin C. Scientifically shown to raise metabolism over a three-hour period, consuming Celsius results in a sustained calorie burn while keeping you energized.
Celsius Holdings, Inc. markets Celsius the original, great tasting calorie burner that is backed by science, through its wholly-owned operating subsidiary, Celsius, Inc. The Company is dedicated to providing healthier, everyday refreshment through science and innovation.
Celsius was created by a dedicated team of experts united by a strong commitment to science, nutrition and the consumer. It was important that Celsius be shown to work effectively. In fact, Celsius launched into the marketplace in June 2005 after completing a clinical study validating its calorie burning benefits. Since then three additional clinical studies have been completed and published with Celsius confirming efficacy for burning calories, raising metabolism and providing a sustained energy boost.
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