GenTech Holdings, Inc. acquired a top 5 functional food company this year named SINFIT Nutrition, Inc. Since then, SINFIT who sold over $2.5 million in sales in 2019, has continued to grow their customer base and sales are pouring in.
Colorado Springs, Sep 17, 2020 (Issuewire.com) - ETechJive is a company just getting started in the tech news market. One of the passions of the company owners is the stock market. Due to this passion, ETechJive recently opened a new section on its website highlighting different stock companies like the one below. These articles are going to become more and more frequent and can be found at - https://etechjive.com/category/stocks/.
The stock that we are focusing on today is one that we have recently put out a press release on, however, they continue to get more and more new orders. We felt the need to highlight them again today.
GenTech Holdings, Inc. (www.gentechholdings.com), a Holding Company in the high-end Premium Coffee and Functional Foods marketplaces for Secret Javas (www.secretjavas.com) Inc. & SINFIT Nutrition, Inc. (www.sinfitnutrition.com) are making big strides in the Functional Foods marketplace.
It is hard to know where to start with the number of orders that SINFIT Nutrition has received recently. ETechJive has recently featured GenTech Holdings in two articles on our website and one press release. We are doing another press release due to the orders continuing to pile in.
One of the many orders that SINFIT Nutrition, Inc. has released recently is for Fusion Consulting Group our of Puerto Rico. Fusion services over 1200 locations in Puerto Rico, including Walmart, Sam's, Costco, CVS, and Walgreens. Fusion also has a distribution footprint that includes the Caribbean Islands and Central America and is in the process of expanding into parts of South America.
This contract is worth approximately $200,000 for year one (this year) and holds the potential to grow substantially in the years ahead.
SINFIT Nutrition, Inc, also announced this year that they received a contract with Europa Sports. This distributor brings a large US network to the table, with more than 14,000 active wholesale customers receiving products from six (6) major distribution centers, aggregating over a quarter-million square feet of total warehouse space, producing a two-day fulfillment rate of 96% on new orders.
David Lovatt, CEO of GenTech commented on what this means. "We have access to mass retailers and general goods outlets across the country - ie, Costco, BJ's, Sam's Club, and many more. As well as with Military Status achievement now, we will be able to sell directly into the Military based stores. This directly opens the door for us to gain access to millions and millions of new browsing end-market customers through Europa."
Another recent press release from GTEH showed that SINFIT Nutrition has signed another agreement with GNC to be in over 2,500 storefronts and also is now going to be included in their 'Drop Ship' program. This will allow customers to order directly from www.GNC.com.
On Tuesday, 9/15/2020, GTEH came out with another press release about an order of over $80,000 to One Global, who has stores across Singapore, Taiwan, the Philippines and Malaysia.
On Wednesday, 9/16/2020, the most impressive press release so far was circulated. SINFIT Nutrition completed its first shipment to the United Arab Emirates of over $100,000, but that isn't the impressive part. "SINFIT is taking establishing itself as a key player there seriously and is negotiating an exclusive contract worth over $1m in sales per year in minimum order guarantees."
If you are wondering if you read that correctly you did, that is $1 million in minimum order guarantees. From the press release:
"CEO of SINFIT Nutrition, Leonard K Armenta Jr., recently commented that "we see ourselves as becoming the household name in this region in 2021 and the partners that we establish now will not only be with us for the long term but are willing to commit to serious numbers as they know this is a territory ripe for massive growth in sales over the next three years."
In a region that is expected to be worth over $500 million in functional foods by 2023, this is a huge deal. This should be all over investment blogs and news sites everywhere.
GTEH is starting to set itself apart from other functional food companies and will quickly become the leader in the market. If you have not added this company to your investment portfolio now is the time. They are coming out with more and more orders every week and here at ETechJive we feel like they aren't slowing down anytime soon.
This stock is very undervalued at the moment and the possibility for 100%, 250%, 500%, 1000% gains and above are definitely there. As always do your due diligence, but with this stock, it will all point to the fact that it is going to have a meteoric rise very soon.
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