● Borba, a Beverly Hills-based nutraceutical
and cosmeceutical company,
announced that Brad Greenspan has
joined the company as chairman of the
board and has invested more than $3
million dollars to help facilitate
Borba’s growth and expansion plans.
Mr. Greenspan is the founder of
Intermix Media, which created
www.myspace.com and was recently
acquired by News Corp. for $580 million.
Mr. Greenspan’s investment will
enable the company to increase sales
by developing online sales capabilities,
expanding its distribution channels
into the traditional beverage market
and creating new products.