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I'll be dumping this POS as soon as it hits breakeven and putting another name on my list of "Loser Visionaries wearing $200 flannel suits"
NICE TRADING ACTION TODAY BOY!BUY AT 0007 SELL AT 0008
POS NEWS RELEASE, MADE SOMEBODY $300 I GUESS.
COMPANY NEEDS NEW STRATEGY- CBD INFUSED HAND WIPES OR SOMETHING. THIS COFFEE NONSENSE AIN'T DOING IT.
the company needs to post some "forward looking" subscription numbers
How about telling us how many orders so far?
News:
New York, New York--(Newsfile Corp. - March 26, 2020) - GenTech Holdings, Inc. (OTC PINK: GTEH) ("GenTech" or the "Company"), an emerging leader in the high-end CBD food and drinks marketplace, is excited to announce the launch of the Company's vast multidimensional marketing campaign, which employs lead generation, a new splash site, social media, Google AdWords, affiliate marketing, direct marketing, and the upcoming establishment of a presence on Amazon.com as an additional distribution channel for sales, all centered around the Company's recently launched "Secret Javas" specialty subscription coffee product.
"The launch has outperformed our initial expectations, possibly in part because of an increased desire by consumers to continue to consume gourmet coffees, but to avoid gourmet coffee houses due to the coronavirus outbreak," commented David Lovatt, CEO of GenTech. "But our strategy is built around an aggressive marketing process to build our brand and drive sales. That is starting now, with a diversified approach employing a range of coordinated processes designed to engage our target market and build a strong relationship with it."
The Company is employing a three-pronged strategy:
1.Using Facebook and Google AdWords to promote a new "Free Gourmet Coffee Samples" website (Wheresmyfreecoffee.com) as a lead generation device to engage consumers interested in gourmet coffee samples. This will help to build a highly relevant list of leads for the Company's sales team to engage, providing sales and further intel about the target market and those on the list, including pricing potential, budgetary assumptions, and other vital data. This website is live now and has begun collecting user information and building a pipeline of interested customers.
2.Working with Amazon.com to establish ecommerce and distribution through its global market-leading platform.
3.Employing affiliate and direct marketing through its own SecretJavas.com website, which is live and servicing current customer orders around the clock.
According to a consumer survey conducted by National Coffee Association of America, the total retail value of the U.S. coffee market is estimated to be $48 billion dollars with specialty comprising approximately 55% value share. In other words, the "Specialty" category in coffee is becoming dominant in both volume and sales. Coffee is also becoming increasingly popular with younger consumers, who are more likely to adopt an online subscription consumer pattern, with the number of 18-24 year-olds who drink specialty coffee rising from 28% to 35% since 2013.
In addition, revenue in food and beverages ecommerce in the US is expected to reach $15bn by 2021, rising from $9bn in 2016. But, inside of that, Payments News reports that the approximate revenue from those who subscribe to products using the Amazon platform, rose from $2.9 billion to $11 billion from 2014 to 2018, with a significant proportion of these purchases in the grocery and gourmet food section. That's a 260% increase over this period, which gives a strong indication of the growth wave in this segment as more and more consumers transition to ecommerce for perishable goods.
Lovatt continued, "We continue to see evidence that this premium coffee subscription market is moving into a period of accelerating boom conditions. Our initial month following launch has been a learning experience, as we knew it would. But we have now fully ironed out any remaining wrinkles in processing and shipping orders. Now is the time to stomp down on the gas pedal!"
About GenTech Holdings, Inc.:
GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The company is creating a national chain of Hemp Centric Coffee Shop Retail Spaces where patrons can relax, drink CBD infused Teas and Coffees, try various own-brand products and experience holistic education and classes. The company is also building an extensive outreach program working with medical practitioners across the country in their own locations to educate their patients and increase awareness of the benefits of THC free CBD Products. All of this is offered under the brand 'The Healthy Leaf'.
You're right! Gotta get some banner ads rolling.
Word of mouth from satisfied customers until revenue is sufficient to buy banner traffic, etc.
But I think the website was put up hastily, still looking half-baked.
That's why Lovatt should have spent an extra $2000 and gotten a site with snazzie graphics- I mean with all the dilution we just saw money shouldn't be a problem.
I drink coffee MAYBE once a month.
It would be meaningless for me to sign up.
Its a GREAT concept, but investor perception plays a role here.
The website looks pretty weak.
My issue is with the quality of the website.
It isnt appealing to the investors because it looks hokey
will we ever see pictures of the Espresso pods on that website?
These last 3 weeks will be remembered as the Mother of All Shakeouts Ever Seen.
Now lets see some clean safe Online Coffee Sales drat nabbit!
Ironic thing is that if Lovatt actually applied himself to this business it would propably fly. Think AMZN
Especially with COVID 19 floating around.
Lavatt,fix your website FCS !!!
Give us some real numbers Lovatt;
Grab a gear
smh.
Good news and bad news: Mar 10/2020
OTC Markets Changes GenTech Status, Company Fields Growing Orders in $26B Specialty Coffee Market
New York, New York--(Newsfile Corp. - March 10, 2020) - GenTech Holdings, Inc. (OTC Pink: GTEH) ("GenTech" or the "Company"), an emerging leader in the high-end Specialty Food and Beverage marketplace, announces that the OTC Markets Group (the "OTC") downgraded the Company's status on OTCmarkets.com. This step took effect on March 5, after markets closed. The OTC has given GenTech 30 days to provide its legal response. The Company has already begun this process, and will keep shareholders abreast of all new developments.
"We look forward to working closely with the terrific team at the OTC to get this sorted out as quickly as possible," noted David Lovatt, CEO of GenTech. "In the meantime, we want our shareholders to know that business continues to pick up steam. We are seeing the early stages of revenue growth as a groundswell of new orders come in daily for Secret Javas subscriptions."
The Company launched the Secret Javas specialty coffee subscription service last week. Since that launch, management notes that customer orders have been steadily increasing to impressive levels.
The specialty coffee subscription market is a large and rapidly growing opportunity. According to Forbes, the subscription market for household goods grew by 890% between 2014 and 2018. Additional analysis suggests the same trend has been accelerating since 2018. But the largest gains from a mainstreaming shift have yet to occur. According to YouGov, only 7% of US households currently subscribe to a food or beverage product online leaving massive growth ahead.
"We continue to be convinced that the specialty coffee subscription market is ripe for transformative growth as consumer behavior continues to evolve into the niche of 21st century technological and logistical trends," continued Lovatt. "One might also stretch a case that fears related to the coronavirus will impact consumer behavior patterns, driving more consumers into ecommerce and subscription delivery services such as Secret Javas."
About GenTech Holdings, Inc.
GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The company is creating a national chain of Hemp Centric Coffee Shop Retail Spaces where patrons can relax, drink CBD infused Teas and Coffees, try various own-brand products and experience holistic education and classes. The company is also building an extensive outreach program working with medical practitioners across the country in their own locations to educate their patients and increase awareness of the benefits of THC free CBD Products. All of this is offered under the brand 'The Healthy Leaf'
Why aren't there videos of the employees welding these things together, putting in the wires and tanks etc?
Only if they quickly re-do the website!.
It looks very hokey.
try clicking on the pink arrows, click on the boxes.
Nothing happens,right?
What you you see when you click on "Pod Coffee"?
There are not even any photographs of the pods, which are what this whole "play" is about.
Really !!??
smh at Lovatt.
If he does this right it could have a great run.
i thought it was a 1:1,000,000 share rollback ??
Lets see if he can make this into something- he'd better re-do the website.Its pretty hokey.
All those dead arrows(pink).
Clownshow.
MemberMarked you all the same.
Rver
That explains why there are no pods.
The website is a sad joke- NO PODS.
https://www.secretjavas.com/subscription/
Half the links (or prompts) are dead.
Website was probably built by the Grade 5 computer class at Watonga Naru Elementary School,Kenya.
Very true, I remember Diedrich Coffee about 17 years back on the Nasdaq QB at $1.30 It got rolled into another junior coffee company, then into Green Mountain Coffee Growers which peaked around $400 per share. It took about four years.
Who knew?
SEE THE PODS?
JUST LOOK AT THE SELECTION OF NICELY COLORED PODS!
https://www.secretjavas.com/product/pod-coffee-box/
WHOOPS !!
"...The Company has timed this launch to accommodate both the inclusion of a fully-vetted, state-of-the-art "coffee capsule" version of its premium and CBD-infused subscription coffee package product offering as well as the full execution of a partnership agreement with a large provisioning partner that will remove up-front balance sheet risk for GenTech shareholders during the initial scaling-up process as subscribership grows, even if the initial market response dramatically surpasses aggressive estimates for incoming orders, supplies, and shipping over coming months... "
This kind of shifty "book keeping" reminds me of that game with three styrofoam cups and a peanut and you have to keep track of the peanut.
.. "The company just announced it is about to cut authorized shares, retire debt, and eliminate conversion risk for noted due 1-2 years out. ..."
See the "accidental" spelling mistake?
Made you think the notes were getting shut off,huh?
Well,surprise!!
After market closed today a 27,000,000 share T-Trade hit the tape at .0011.
Just a coincidence.
wink wink
depends on the progressive PRs that roll out.
10 years Bud- no deviation in 10 years.They could have hopped onto the MMJ craze or Energy Drink craze or the Bitcoin craze but they are still here, focused on this Hydrogen Generation project.
Why would they even bother signing agreements with entities interested in this,then?
You think they're just stubborn?
HaHa to you too.
Hyper-Hyper
I love this nick you came up with,btw- its very catchy!
Rver
Don't laugh- it's coming.
Hyper-Hyper is one of the few that makes the transition from Nasdaq Pinks to Nasdaq Main.
(Maybe you secretly know this) ?
We've got patience.
And so does Hyper-Hyper.
They've been working on this for quite a few years now-never deviating.
Many companies switch from Hot concept to Hot concept. (for example from Hydrogen Generation to Y2K Solution to Energy Drinks to MMJ to CBD Oil to Rejuvenating Face Cream to Corona Virus Therapy etc etc...)
But Hyper-Hyper hasn't done that.
HYSR
Any word from WALMART yet?
if the right partner came along...
maybe .50 then a 10:1 rollback($5) to get it on the Nasdaq main board?
"...global rollout of our new technologies.”
; )
if AMZN jumps in = .50
ya never know! ; ) .50 ??
I thought AMZN is putting up the money for the plant.
The confetti machine went back on today.
Nice to see the conversions have stopped- I wonder why?
Maybe they'd rather sell for $2.75 ??
; )
Rver
Hey thanks SlamD,good post. HyperSolar has done so much work, (engineers etc) I think it's legit.
I Member Marked you!
Rver