We are working hard to upload financials to OTC Markets. We expect to have financials back from accountant by Tuesday. Next step is review by securities attorney. Fully expect to meet all deadlines set by SEC and OTC Markets.
Our management team has eliminated all toxic debt, re-negotiated outstanding bills and paid outstanding bills and more. We look forward to being one of the top turnaround stories for 2022.
We just rejected a merger offer with a respectable company that had about $8 million in revenue for 2 reasons. Too much debt and we have no current plans to reverse split the stock. We remain focused on creating shareholder value which is rare on the OTC!! Thank you.
Rare for small OTC company to get free publicity alongside the giants. Stevia Corp mentioned with the titans such as Cargill, PureCircle and Archer Daniels Midland.
$STEV Shareholder letter published via news release a few minutes ago. There is a real plan that is going to unfold. The current management team is keeping its promises. Thank you to our loyal shareholders!!
We issued a press release this morning regarding an offer we made to purchase a California-based company. The offer was made yesterday afternoon. We believe we made a very fair offer. It is a great deal for Stevia shareholders.
New shareholder letter being published within days with our plan. No reverse split as we promised. Our new products are intended for very large markets. Stay tuned !!
We are pushing for a significant update this week. A deal isn't done until it's done but final due diligence questions have been presented to merger target(s). $STEV
We will be releasing a shareholder letter/update shortly. We plan on being one of the most transparent small cap companies in the United States. Shareholders deserve to know what we're doing and why we're doing it.
We expect that the provisional patent referred to in our shareholder letter that was published today should be filed with the United States Patent and Trademark Office (USPTO) next week.
Related to our recent provisional patent filing, we have been granted a license on 8/12/2022 under statute 35 U.S.C. 184. This is relative and important to any patent protection we seek outside the United States. Good news!!! Additional provisional patent filing in final stages.
Our CEO plans on making a second site visit over the short term to evaluate an acquisition candidate. We continue to strive to build shareholder value. Update coming soon.
We are making some very interesting progress and we hope to deliver some great news to our shareholders over the short term. We have been meticulous to choose a path that is right for shareholders.
We have been upgraded to Yield sign at OTC Markets. Three points to focus on. The team is working hard. We are hyper-focused on increasing shareholder value. There are no current or near term plans to RS the stock. We know what a RS does to shareholders!! Thank you OTC Markets!!
We have also identified another possible acquisition. We would expect a trip to be scheduled shortly and for real negotiations to begin within 14 days. No certainty of closing but owner wants to sell. Turn key opportunity.
We expect to complete due diligence by Tuesday. A deal is never done until it's done but all looks very positive. More updates coming. Also, may be looking at New York based company which fits into the foundation of what can be built. $STEV
We are engaged in discussions with one of the owners of a hemp products company with existing products, sales and apparent profits. Much due diligence to be done. No assurance that they will accept any offer if we present it. However, the packaging is excellent with great reviews
Great news!! We have been upgraded to current status at OTC Markets. Thank you to our New York Counsel Matthew McMurdo and our accountant David Natan for a great job. Thank you to the staff at OTC Markets. Now, we execute our business plan for our loyal shareholders.
Our CEO should be making 2 business trips over the next 2 weeks to potentially close 2 acquisitions. Both are revenue generating and the individual acquisitions should be profitable. Should make markets happy !!! Details coming.
Attorney letter in respect to current information for Stevia Corp. has been posted at OTC Markets. Significant work has been done to get Stevia Corp. to this status. We are beyond excited about the future.
We anticipate making an offer subject to due diligence to buy a hemp products company that sells products on Amazon with great branding and reviews. Existing 5 year old business. We stress much due diligence to be done to get to final deal docs. Turnkey business!!!!!!
We hope to be able to announce a substantial addition to our scientific advisory panel within the next few days. As we noted in our recent shareholder letter, these panel members will be world class medical and scientific experts. We are focused on building shareholder value.
Many people have asked so here is the answer......There are no current plans to reverse split the stock. Of course, building companies is a dynamic decision making process but no current plans to R/S.
Expecting financials back from accountant today. Accountant was set back for a few days on a personal matter. Hope to send to counsel by the end of the day for review before uploading process at OTC Markets begins. Thank you to the great staff at OTC Markets!!
It is our goal to be able to deliver a substantive update by month end. There is much work to be done!! Our CEO received product samples last week and the feedback including feedback from independent third parties has been beyond expectations. Stay tuned!!
We are reviewing multiple opportunities. A company approached us through a third party and New York investment banker. Seven to ten million run rate in revenue but we have bigger plans. Need to make decisions with our loyal shareholders in mind. Hope to file financials shortly.
We are making real and consistent progress. We are protecting the Real Hemp trademark as we speak. Updated profile at OTC Markets and added our accounting firm and our securities counsel. Thank you OTC Markets!!
We have been quiet because we are working on business opportunities and we are getting closer. Hope to deliver some really good news shortly. Not any deal- the right deal $STEV
We expect to publish a shareholder letter via press release this week. We also expect to release 9/30/2021 financials quickly after quarter end to show the world our significant debt reduction. Very happy about our progress in building shareholder value.
We have now forwarded our due diligence questions to the target counterparty in the transaction. A deal isn't done until it's done but if this goes through, we would like to close by the end of February. Thank you to our shareholders!! Stay tuned. $STEV
We are in the process of reviewing a Letter of Intent. To be clear, no deal is done until it's done but we are getting closer. Thank you to all our shareholders!!
Our disclosure documents and financials are now posted at OTC Markets. Pending review by the great team at OTC Markets and a posted current information letter, we fully expect to be back to current information status before the deadline. Thank you to our team!!
The projected $10 million in revenues this year is for the target company. There is much work to be done but we love this company and the rapid traction they are getting with their brand.
We are in discussions with a company that is selling into 43 states currently including Whole Foods. I have personally visited the company. Much work to be done but the goal is to own them. Projected $10 million in revenues this year. Outstanding product line!!
There seems to be a misconception on some online message boards that we will wait to file patents before launching products. This is false. The purpose of a provisional patent is to act as a placeholder for 1 year!! We are sourcing ingredients.
After a long due diligence period, we are getting closer to a deal with a company that we are confident will make shareholders proud. A deal isn't done until its done but we are making progress. Stay tuned.
@TMANIA1947
Perfectly timed question. We are truly in the driver's seat. Most mergers come along with R/S offers and increase in A/S offers and that isn't in line with our motto to build value for shareholders. We are weighing all solicitations and offers. Thank you.
The target company's products are sold in Whole Foods in many states. We can't stress enough that much more work has to be done but the product is excellent. More updates coming. We are waiting for verification that it is now in Whole Foods in 43 states.
Stevia Corp. mentioned again with some of the big guys. Cargill, Ingredion Inc., PureCircle Ltd., Tate & Lyle PLC., Archer Daniels Midland Company, Evolva, Stevia Corp., GLG LIFE TECH CORP., Sunwin Stevia International, Inc. and HYET Sweet.