Dietary supplement maker Bio-Solutions Corp. has inked a financing agreement with private equity firm Capital Consulting. No financial terms were disclosed. Also, William Gallagher, the firm’s CEO and director, has retired but will stay on advising the board of directors when it comes to promoting the company’s main product Type 2 Defense. And, Bio-Solutions has named James Hodge, the current CEO of ReelTime Rentals, as chairman of its board of directors.
SAN ANTONIO, TX–(Marketwired – Apr 15, 2014) – Bio-Solutions Corp (OTCQB: BISU), a fast growing dietary supplement manufacturer, announced today that the company has restructured its senior management and also secured new capital. William Gallagher, CEO and Director, retired. Mr. Gallagher has agreed to serve the company as an advisor to the board of directors assisting with the new promotion of the company’s lead product Type 2 Defense.
Type 2 Defense™ is a powder blend of natural ingredients that has been developed to help support healthy blood glucose levels in health-conscious individuals and those diagnosed with Type II Diabetes.
Company Thomas E. Metzger, PhD remarked, “We appreciate the effort of Bill Gallagher to bring the Company to this point.” I am extremely excited to work with Bill and Peggy Knight, Executive Vice President of Marketing, to Market the Type2Defense product and realize our business plan. Mr. Metzger also announced the election of James Hodge as Chairman of the Board of Directors. Mr. Hodge currently serves as Board Chairman and CEO of ReelTime Rentals, Inc., overseeing and developing that company’s business plan and strategic initiatives. He brings to Bio-Solutions access to capital, strong connections, and public company acumen. James will also assist in development of channel distribution partnerships.
Lastly, the company entered into a financing agreement with private equity firm Capital Consulting, Inc to provide for working capital, marketing and purchasing new inventory.
Bio-Solutions Corp. markets new and very effective organic products; our lead product is Type2 Defense™. Type2Defense™ a Diabetic Supplement Drink. Type2Defense™ is a new dietary supplement that has been developed to help support healthy blood glucose levels in health-conscious individuals and those diagnosed with Type 2 Diabetes, when substituted over many popular sugar and/or carbohydrate-laden alternatives. The Product’s goal is to provide a safe and natural supplement that will assist in the stabilization of healthy glucose levels along with providing strong antioxidants and low carbohydrates. For more information about Type 2 Defense, visit our website http://www.type2defense.com/