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Herborium® Group Inc, Shareholders Update Letter released today
Herborium® Group Inc, Shareholders Update Letter
Fort Lee, New Jersey, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Herborium® Group, Inc. (OTC Pink: HBRM ), www.Herborium.com , www.acnease.com a Botanical Therapeutics ® Company and the provider of proprietary all botanical medicinal products (Botanical Therapeutics®) and interactive advanced content targeting dermatological issues such as acne and Rosacea, and other health and wellness concerns, is happy to provide a Shareholders Update Letter from Dr. Agnes Olszewski, CEO.
To our Valued Shareholders ,
Happy and Healthy New Year!
By now, when the most difficult year of 21st century can be seen in the rear mirror and we all look with hope to a pandemic free life it’s time to provide an update on the recent milestones we achieved and to discuss our opportunities and vision for 2021 and beyond.
The world has changed and so has Herborium. To survive and to provide shareholder value in this dynamically transforming global and domestic environment we have mapped a number of new roads for the company
2020 In Review
As a first step, I’d like to briefly recap a few noteworthy business milestones from 2020.
Despite the impact of Covid-19 and associated ‘lockdowns’, Herborium® financial results actually where significantly improved. Our revenues grew 13% in comparison to 2019, with gross margin increased 14.75%. We ended 2020 with profitable 3 rd and 4 th quarters and an approximately 2/3rd decrease in our short term debt; all this was achieved without any changes to the capitalization table (i.e. no dilution) or other outside resources.
Our major European distribution partner THG (LON), a British e-commerce company went public on London Stock Exchange and is fast becoming one of the world’s leading beauty and wellbeing online retailer. We are prepared to participate in this growth through our ongoing commercial relationship which we hope to expand in the coming year.
2020 also saw a increased focus on the ‘environmental, social, and governance’ (“ESG”) movement, though this far from new to us here at Herborium. As a woman-led company offering natural, environmentally sustainable solutions that provides value for a diverse group of stakeholders, ‘ESG’ has always been part of our ‘DNA’
New Partners
As the global dietary supplements market is poised to grow by $26.7 billion during the period spanning 2020-2024, the major shift lies in where this growth will come from. In 2017, 31% of the world’s consumer disposable income originates from Asia. By 2030, Asia is expected to add an additional USD12 trillion in disposable income, which is almost 55% of the global increment. The Asian skincare market is expected to grow by 6% by 2022.
To harness this opportunity, in November 2020 Herborium ®signed a master distribution agreement with Phinix Global Pte. Ltd. (“Phinix”). Phinix Global Pte. Ltd. is a part of GPS Alliance Holdings Limited (AU:GPS) which is listed on the Sydney Stock Exchange. GPS has extensive reach throughout South East Asia . In addition to marketing and distributing Herborium’s products Herborium and GPS are presently discussing additional near term partnerships to foster growth in the US and Asia. Phinix is presently in the process of registering Herborium’s products in Singapore to make them ready for a rollout in Asian markets in the second quarter of 2021.
Other new partnerships and alliances are in different stages of discussion.
New Products
Our unique botanicals based acne, Rosacea and oily skin treatment AcnEase® has helped over three quarter of a million women and men of every age and skin tone to achieve healthy skin and healthy self–perception. However, one product is not enough to justify the growth we want to secure for the company.
In December 2020 Herborium launched the first product line extension which is complementary to our Botanical Therpeutic®- AcnEase® . This product focused on acne scars, marks and other cosmetic imperfections of the skin. The product line utilizes plant based stem cell technology developed by NASA. The product series is already a part of the Asian expansion plan and is the f irst module in introducing the AcnEase Skin Management System.
Additional products in the space are already being reviewed. To keep up with new technological and regulatory opportunities in the US and globally we intend to capitalize on new ingredients such as terpenes and cannabinoids as critical ingredients in the development of these new products.
Because Covid-19 became such an integral part of our lives and because Herborium feels a clear responsibility to get involved in fighting the pandemic even in our modest way, We have decided to venture into the Covid-19 space through the introduction of a unique, proprietary masks that Herborium obtained exclusive rights to market in the US and select other regions. The ME–Mask® that actually protects the user while providing exceptional comfort and environmental sustainability utilizes patented Japanese technology to prevent air aerosol containing the COVID virus from entering the wearers respiratory system. In addition the ME-Mask® will also prevent the spread of Covid from individuals that may be infected with the virus but asymptomatic. The ME-Mask® is ready for market and is expected to be launched in the next 30 days. President Elect Biden clearly indicated his plan to make first 100 days of his presidency marked by national mask mandate. (The more detail news forthcoming).
Herborium is also poised to become a part of a distribution network for Covid-19 testing products.
Communication and Investors Relations
Last by not least I want to share with you the forthcoming change in our communication strategy. We plan to update Herborium’s website and its news feed in the first quarter of 2021. We are committed to provide more frequent shareholders communication through traditional channels and we are also launching a Twitter account for Herborium that I hope to start using within next 30 days.
As the closing remark let me thank you for your interest and loyalty to Herborium and share with you my excitement and enthusiasm for the future
Looking Forward
The new partnerships, new products and new markets are a foundation for Herborium’s future growth only if they fit the new world as it emerges from the Covid-19 Pandemic and the resultant shift in global demographics and economics. This is why Herborium is announcing a transition from merely selling products into becoming the destination point for a total integrated natural solution in the area of troubled skin (first step) and potentially other wellness spaces such as sexual health. 2021 will see the unveiling of the new content and content platform utilizing artificial intelligence and cross industry partnerships that will make Herborium attractive not only to the global consumers and customers but also to major social media and medical and wellness services providers.
I hope you will join us on this journey.
As the closing remark let me thank you for your interest and loyalty to Herborium and share with you my excitement and enthusiasm for the future
About Herborium Group, Inc.
Herborium Group, Inc. is a botanical therapeutics® company that develops, licenses and markets proprietary, botanical based medicinal products to consumers and healthcare professionals. The Company’s business model focuses on emerging market opportunities spearheaded by the growth of a new market sector located between high-cost, high-risk, ethical pharmaceuticals and commoditized classic nutraceuticals (supplements). The Company uses clinical validation and a proactive regulatory strategy based to establish and maintain a differential advantage. Herborium has secured a pipeline of botanical ingredients based products Herborium Group sells its products in the United States, the United Kingdom, and continental Europe through a network of distributors, specialty retailers, and e-commerce. For more information, please visit www.herborium.com , www.acnease.com , www.acnease.fr , and www.acnease.eu
Safe Harbor Statement: This release contains forward-looking statements with respect to the results of operations and business of Herborium Group, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.
Contact Information:
Herborium Group, Inc.
Email: InvestorRelations @Herborium.com or DrAgnes@Herborium.com
Dr Agnes P. Olszewski
Dragnes@herborium.com
201.647.3757
news will probably be after hours which either we will want the weekend to go buy real quick for Monday to come OR we'll be really pissed cause we can't dump our shares cause the marked will be closed and the weekend will be one of the worst we've ever had.
I still think some one will buy HBRM mostly for the stock access of the stock market and then maybe do a name change if it just wanted the stock access and I'm wondering that HBRM is buying back shares and retiring them to make the company look better for the buy out and maybe the 30 cent thing is the clue
HERBORIUM GROUP INC. (HBRM:PNK )
0.0072 +0.0004 | +5.1095% Volume: 197,698,833
HERBORIUM GROUP INC. (HBRM:PNK )
0.0073 +0.0005 | +6.5693% Volume: 133,996,386
HERBORIUM GROUP INC. (HBRM:PNK )
0.0071 +0.0003 | +3.6496% Volume: 124,113,903
Recent Trades - All 4 today
Time ET Ex Price Change Volume
08:45:49 Q 0.007 0.00015 10,000
08:27:23 Q 0.0074 0.00055 19,000
08:03:17 Q 0.007 0.00015 15,000
08:00:10 Q 0.007 0.00015 10,000
Recent Trades - All 1 today
Time ET Ex Price Change Volume
08:00:10 Q 0.007 0.00015 10,000
trading has started
Just to give everyone a heads up this came out the other day..
On January 11, 2021, prohibitions arising from Executive Order 13959 (“the Order”) related to investments in certain Chinese companies become effective. Pursuant to these prohibitions U.S. persons, and entities that are deemed U.S. Persons for purposes of the Order, may not transact in the publicly traded securities of certain Chinese companies identified by the Secretary of Defense and the Secretary of the Treasury, or any securities that are derivative of, or are designed to provide investment exposure to such securities. Derivatives include ETF’s that contain any of the prohibited companies as a component. As such, the below securities will be halted from trading and there may be no ability to sell these shares after market close on January 7th.
Ticker EXCH_CODE CNTRY_OF_DOMICILE LONG_COMP_NAME
AVITF OTC US HK AVIC International Holding HK Ltd
AVIJF OTC US CN AviChina Industry & Technology Co Ltd
CGEGF OTC US HK CGN New Energy Holdings Co Ltd
CGNWF OTC US CN CGN Power Co Ltd
CHAEF OTC US HK China Aerospace International Holdings Ltd
CCCGF OTC US CN China Communications Construction Co Ltd
CCCGY OTC US CN China Communications Construction Co Ltd
CJNHF OTC US HK China Jinmao Holdings Group Ltd
FRSHY OTC US HK China Jinmao Holdings Group Ltd
CHL New York HK China Mobile Ltd
CHLKF OTC US HK China Mobile Ltd
CAOVY OTC US HK China Overseas Land & Investment Ltd
CHA New York CN China Telecom Corp Ltd
CHJHF OTC US CN China Telecom Corp Ltd
CHU New York HK China Unicom Hong Kong Ltd
CHUFF OTC US HK China Unicom Hong Kong Ltd
CEO New York CN CNOOC Ltd
CRCCY OTC US CN CRRC Corp Ltd
CRRRF OTC US CN CRRC Corp Ltd
DIPGF OTC US CN Datang International Power Generation Co Ltd
DIPGY OTC US CN Datang International Power Generation Co Ltd
ELKEF OTC US NO Elkem ASA
FEHZY OTC US HK Far East Horizon Ltd
FEZHF OTC US HK Far East Horizon Ltd
INPRF OTC US HK Inspur International Ltd
KHDHF OTC US DE KHD Humboldt Wedag International AG
NJGPF OTC US CN Nanjing Panda Electronics Co Ltd
PLLIF OTC US IT Pirelli & C SpA
PRLLY OTC US IT Pirelli & C SpA
DEIPY OTC US BR Rio Paranapanema Energia SA
DEIWY OTC US BR Rio Paranapanema Energia SA
SIUIF OTC US CN Semiconductor Manufacturing International Corp
SMICY OTC US CN Semiconductor Manufacturing International Corp
SNFRF OTC US HK Sinofert Holdings Ltd
SNFRY OTC US HK Sinofert Holdings Ltd
HERBORIUM GROUP INC. (HBRM:PNK )
0.007 +0.0024 | +52.1739% Volume: 405,488,797
007
HERBORIUM GROUP INC. (HBRM:PNK )
0.0069 +0.0023 | +50.00% Volume: 398,995,946
HERBORIUM GROUP INC. (HBRM:PNK )
0.0068 +0.0022 | +47.8261% Volume: 396,370,602
0068
HERBORIUM GROUP INC. (HBRM:PNK )
0.0067 +0.002 | +45.4348% Volume: 388,892,516
.0067
HERBORIUM GROUP INC. (HBRM:PNK )
0.0065 +0.0019 | +41.3043% Volume: 372,013,289
.oo65
HERBORIUM GROUP INC. (HBRM:PNK )
0.0064 +0.0018 | +39.1304% Volume: 369,013,899
.064
HERBORIUM GROUP INC. (HBRM:PNK )
0.0063 +0.0017 | +36.9565% Volume: 356,818,998
HERBORIUM GROUP INC. (HBRM:PNK )
0.0063 +0.0017 | +36.9565% Volume: 347,843,202
HERBORIUM GROUP INC. (HBRM:PNK )
0.0062 +0.0016 | +34.7826% Volume: 342,514,359
HERBORIUM GROUP INC. (HBRM:PNK )
0.006 +0.0014 | +30.4348% Volume: 324,652,013
HERBORIUM GROUP INC. (HBRM:PNK )
0.0059 +0.0013 | +27.1739% Volume: 303,076,174
been away from my pc...any emails or update or twitter from the Dr.
Recent Trades - All 4 today
Time ET Ex Price Change Volume
08:00:02 Q 0.0046 45,000
08:00:02 Q 0.00455 -0.00005 140,000
08:00:02 Q 0.00475 0.00015 125,000
08:00:02 Q 0.00475 0.00015 35,000
I'll bet the share price drop was because of what's happening in the US with Trump and his followers and tomorrow might be a disaster for the markets and maybe the exchange may call a halt of trading.
HERBORIUM GROUP INC. (HBRM:PNK )
0.0059 +0.0017 | +38.8235% Volume: 319,658,290
.006 soon
HERBORIUM GROUP INC. (HBRM:PNK )
0.0052 +0.0010 | +22.3529% Volume: 198,627,131
HERBORIUM GROUP INC. (HBRM:PNK )
0.0052 +0.0009 | +21.1765% Volume: 143,161,181
and volume picking up...is news coming
HERBORIUM GROUP INC. (HBRM:PNK )
0.0052 +0.0010 | +22.3529% Volume: 136,029,921
.0052 now
HERBORIUM GROUP INC. (HBRM:PNK )
0.0046 +0.0004 | +8.2353% Volume: 94,823,299
HERBORIUM GROUP INC. (HBRM:PNK )
0.0044 +0.0002 | +3.5294% Volume: 40,594,796
I believe traders are waiting for news before she goes higher
HERBORIUM GROUP INC. (HBRM:PNK )
0.0044 +0.0002 | +3.5294% Volume: 21,203,544
didn't see any after hours trades today
HERBORIUM GROUP INC. (HBRM:PNK )
0.0043 +0.0008 | +21.4286% Volume: 403,017,021
I'll have to check after hours to see if there's action there today.
any thing from the DR. on twitter yet
HERBORIUM GROUP INC. (HBRM:PNK )
0.0043 +0.0008 | +22.8571% Volume: 129,083,133
HERBORIUM GROUP INC. (HBRM:PNK )
0.0044 +0.0009 | +25.7143% Volume: 17,174,614
Recent Trades - All 2 today
Time ET Ex Price Change Volume
08:23:00 Q 0.004 0.0005 25,400
08:00:05 Q 0.0036 0.0001 5,000
better change the share price to 004
Recent Trades - All 1 today
Time ET Ex Price Change Volume
08:00:05 Q 0.0036 0.0001 5,000
https://www.otcmarkets.com/stock/HBRM/overview
notice the colour pink
this explains the after hours trade...
Recent Trades - Last 10 of 1895
Time ET Ex Price Change Volume
16:08:17 Q 0.004035 0.000635 6,456,678
16:00:02 Q 0.0035 0.0001 300,000
15:59:50 Q 0.0035 0.0001 5,714
15:59:42 Q 0.0035 0.0001 562,240
15:59:40 Q 0.00344 0.00004 12,900
15:59:38 Q 0.0035 0.0001 163,172
15:59:37 Q 0.0035 0.0001 274,588
15:59:35 Q 0.0035 0.0001 700,000
15:59:14 Q 0.0034 10,000
15:59:03 Q 0.0035 0.0001 280,000
because of this...
Recent Trades - Last 10 of 1895
Time ET Ex Price Change Volume
16:08:17 Q 0.004035 0.000635 6,456,678
16:00:02 Q 0.0035 0.0001 300,000
15:59:50 Q 0.0035 0.0001 5,714
15:59:42 Q 0.0035 0.0001 562,240
15:59:40 Q 0.00344 0.00004 12,900
15:59:38 Q 0.0035 0.0001 163,172
15:59:37 Q 0.0035 0.0001 274,588
15:59:35 Q 0.0035 0.0001 700,000
15:59:14 Q 0.0034 10,000
15:59:03 Q 0.0035 0.0001 280,000
yeah that's what I thought...I know on some exchanges after hours trades happen as well as share swaps so does someone know something we don't yet????