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Sunday, May 22, 2022

Gentech Holdings Inc (OTCMKTS: GTEH) Heats Up as Brand Incubator Launches its Beverage FIZZIQUE™ & Reports Record Revenues

Gentech Holdings Inc (OTCMKTS: GTEH) has been heating up in recent trading and nudging northbound on a surge of trading volume. The stock has quickly attracted a significant shareholder base including some big players in small caps who are heavily accumulating at current levels. The stock has a history of explosive moves running from current levels to highs of $0.0189 per share starting around this time last year. Speculators are looking for a break over $0.019 for confirmation of the next leg up. To more accurately reflect its business, the Company recently applied to FINRA for approval on a Change of Corporation Name to Supplement Group (USA), Inc.  

GTEH owns a number of brands that are experiencing rapid growth including Fizzique in the booming beverage space and penny stock speculators are all too aware of the explosive history of penny stock beverage stocks. The Company has seen explosive revenue growth recently reporting “for the calendar year (2021), the business expects a full calendar year revenue figure to top $1.35m, exceeding expectations and 400% up on 2020’s $250k revenue year. David Lovatt, CEO of GenTech Holdings, recently stated: “We conservatively estimate it alone can bring in over $3.5 million in topline revenues next year, taking us to well over $7 million in 2022, but my feeling is that Fizzique will do significantly more than that, as will the other brands, giving me the firm belief that we should be looking at $10m for 2022. Management continues to work hard behind the scenes recently cutting the authorized shares to 33bn signaling an end to significant further dilution as management lays out a plan to further reduce the authorized share capital. They also announced a share buyback program and enacted a no reverse split policy. According to their last filing the Company has $4.175 million in the treasury and is well funded moving forward. 

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Gentech Holdings Inc (OTCMKTS: GTEH) operating out of Wheat Ridge, Colorado, owns and operates leading functional foods brand, SINFIT Nutrition, which offers a range of high-end Functional Foods as well as American Metabolix, Inc. which provides a diverse range of Nutritional Supplements through its brands American Metabolix, Storm Lifestyles and Core Natural Sciences. The Company owns the following brands; Yourganics, American Metabolix, Core Natural Sciences, SWFT, Nature Soothie, Storm Lifestyles, Secret javas, SINFIT, MPB Snacks, Fizzeque, and NXT Bar. 

Gentech is led by CEO Leonard K. Armenta Jr., a seasoned executive who spent the last 15+ years in sales, marketing and corporate management as well as consulting both public and private companies. He has helped build, work and consulted for several well-known public companies including; MusclePharm, a Top Sports Nutrition and beverage company, with revenues over $100mm and Creative Edge Nutrition a Sports Nutrition and formally a MMJ company. He is appearing on MoneyTV this week to walk shareholders through the process that Fizzique has been going through and is now starting to get results and what the future holds for the brand now that it has distributors, retailers, orders and inventory. 

GETH has seen explosive revenue growth recently reporting “for the calendar year (2021), the business expects a full calendar year revenue figure to top $1.35m, exceeding expectations and 400% up on 2020’s $250k revenue year. David Lovatt, CEO of GenTech Holdings, recently commented “Once Fizzique sales start to hit, we conservatively estimate it alone can bring in over $3.5 million in topline revenues next year, taking us to well over $7 million in 2022,” added Lovatt. “But my feeling is that Fizzique will do significantly more than that, as will the other brands, giving me the firm belief that we should be looking at $10m for 2022. And we haven’t even started talking about the STORM set of products yet.” 

The Company recently reported one of its fledgling brands “Nature Soothie” who has sold out each production run to Sprouts and Whole Foods to date has shown 600% growth in Q4 2021 when compared with Q4 2020 unit sales. Nature Soothie™ suckers sold around 90,000 individual units between Oct 1 2021 and Dec 31st 2021, showing an approximate 600% growth over the 13,000 individual units sold between Oct 1 2021 and Dec 31st 2021. The brand is quickly being picked up by many major supermarkets and independent chain stores across the country including as Giant Eagle, Wegmans, Raley’s, Safeway, Vitacost and Harmony’s to name a few. 

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The American Metabolix, Inc., acquisition was a September 1st closing and accounted for c.$300k in its first three full months of operations at GenTech, translating to at least a $1.2m revenue brand on its own in the future. 

Gentech Holdings also recently reported the first retail orders for its carbonated protein drink IZZIQUE™ during the opening two weeks of 2022 from UNFI, North America’s largest publicly traded wholesale distributor of health and specialty foods, for its brand Fizzique™ Fizzique was also accepted and setup was completed on the VitaCost / Kroger Digital platform. Management recently commented Fizzique could take the Company to over $7 millioin in revenues in 2022. And they haven’t even started talking about the STORM set of products yet.” 

Fizzique recently announced that it has signed Megan Olivi  as brand ambassador. Mrs. Olivi serves as a host and lead reporter for the UFC™ on ESPN™ as well as commenting on NFL™ for Fox™. During the fight broadcasts, Megan can be seen live reporting through the night, conducting interviews, and hosting from the desk. She also serves as a sideline and feature reporter during football season for NFL on Fox. Mrs. Olivi gets 1.25 million views on the UFC prelim fight and almost 2 million on the UFC pay per views per fight. As well as over 1m followers on various social media platforms and achieves exceptional engagement across all channels which are all essential metrics when choosing a Brand Ambassador. 

Inventory for Fizzique will start to arrive before the end of January with the full 2m initial order for product expected to be complete before mid-February. A further 2m cans have been reserve orders pending the value of initial orders for the product and expect to be on-hand towards the middle of the year at the latest. 

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GTEH has been heating up in recent trading and nudging northbound on a surge of trading volume. The stock has quickly attracted a significant shareholder base including some big players in small caps who are heavily accumulating at current levels. The stock has a history of explosive moves running from current levels to highs of $0.0189 per share starting around this time last year. Speculators are looking for a break over $0.019 for confirmation of the next leg up. To more accurately reflect its business, the Company recently applied to FINRA for approval on a Change of Corporation Name to Supplement Group (USA), Inc. GTEH owns a number of brands that are experiencing rapid growth including Fizzique in the booming beverage space and penny stock speculators are all too aware of the explosive history of penny stock beverage stocks. The Company has seen explosive revenue growth recently reporting “for the calendar year (2021), the business expects a full calendar year revenue figure to top $1.35m, exceeding expectations and 400% up on 2020’s $250k revenue year. David Lovatt, CEO of GenTech Holdings, recently stated: “We conservatively estimate it alone can bring in over $3.5 million in topline revenues next year, taking us to well over $7 million in 2022, but my feeling is that Fizzique will do significantly more than that, as will the other brands, giving me the firm belief that we should be looking at $10m for 2022. Management continues to work hard behind the scenes recently cutting the authorized shares to 33bn signaling an end to significant further dilution as management lays out a plan to further reduce the authorized share capital. They also announced a share buyback program and enacted a no reverse split policy. According to their last filing the Company has $4.175 million in the treasury and is well funded moving forward. We will be updating on GTEH when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with GTEH.

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Disclosure: we hold no position in GTEH either long or short and we have not been compensated for this article.

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