is lit up like the 4th of Jooooo Laii!
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Great PR we had on the 2th: https://finance.yahoo.com/news/gentech-increases-sales-channels-leading-123000889.html
GNC food brand acquisition deal realy put a match to the powder this week. $GTEH
BOOM! Explosive run in the making for $GTEH this week. Lets have more of the same today.
Obviously the market is just beginning to comprehend all the upside potential we have here and how undervalued this is. Million Dollar Baby right here $GTEH
Phenomenal close for $GTEH This could be heading for an uplist soon.
Absolutely right. .0038 up 223% on almost 900% times the average volume. By all defintions we've got BLUE SKY BREAKOUT here. $GTEH
20,000 shares already going through in premarket. $GTEH
Lots of premarket action here $GTEH
$GTEH sales channel buzzing for this acquisition $GTEH
"The product lines that GenTech are acquiring, which have consistently received industry leading reviews and feedback; range from caffeinated flavored spreads, protein infused cookies, powders, bars, pancakes, sugar-free syrups and more." $GTEH
The product is distributed in over 10,000 stores worldwide. $GTEH
GNC deal here with $GTEH is totally rocking this sector.
If we keep it up, we will be at .002 in no time flat.
Its strong news we've had here lately. $GTEH worth the wait.
$GTEH looking like we are building towards a long term upward trend.
Bid support is solid now.
Smart move to focus on the sales channels. $GTEH
You've gotta love this news. $GTEH
Someone showed up with some more .0013 time to clean it up $GTEH
Grab what you can down here before we clear out these shortsighted profit takers and this zips up to .0015 $GTEH
More ASK hits printing even as we speak. $GTEH
.0014 x .0015 nice tight spread. ASK looking thinner to .0016 if you ask me. $GTEH
BOOM! 32 million shares traded right off the bat!
About GenTech Holdings, Inc.:
GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The Company launched a high end Coffee Subscription service in early 2020 called Secret Javas and is now making acquisitions to support the further growth of the company.
PR: GenTech Increases Sales Channels of Leading High Protein Foods Brand It Is Acquiring with over +$2m Revenues in 2019 Inclusive of Their Products Already Being Sold at GNC
Newsfile
Newsfile Corp.
,Newsfile•May 27, 2020
New York, New York--(Newsfile Corp. - May 27, 2020) - GenTech Holdings, Inc. (OTC Pink: GTEH) ("GenTech" or the "Company"), an emerging leader in the high-end food and drinks marketplace, announces that the Company has started aggressively working sales channels for all of the food line items it is acquiring.
GenTech Holdings Inc. logo
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6713/56602_f67facdf74f258a6_001full.jpg
GenTech Recently announced that it was acquiring all of the assets, including inventory, revenues, goodwill, intellectual property, trade secrets, and trading relationships of this Top-5 functional food brand currently sold in GNC stores, distributed by Europa Sports, and available in more than 10 countries worldwide.
The acquisition target produced over $2.2 million in revenues in 2019.
The Purchase Agreement (the "Agreement") represents a comprehensive asset acquisition for primarily cash with an equity component. Further details of the transaction are under embargo until early June, where full details will be released. Although the Company intends to update the market as further details are available prior to the pending closing.
"This acquisition has a tremendous synergistic element that enhances our current business model right now, with substantial revenues and a brand that vertically integrates perfectly in the GenTech growth model," commented David Lovatt, CEO of GenTech. "Since the outbreak of Covid-19, their business has done a great job of maintaining market positioning and brand momentum. Most of the business has been converted to an online model, which is driving a huge jump in Amazon and Direct to Consumer sales of their products. And we are now actively engaging our sales team in acquiring orders from physical store locations again."
The products the acquisition target produce are widely available across North America and are being distributed domestically to over 10,000 stores and websites of one of the largest supplemental distributors in the world.
The product lines that GenTech are acquiring, which have consistently received industry leading reviews and feedback; range from caffeinated flavored spreads, protein infused cookies, powders, bars, pancakes, sugar-free syrups and more.
$IMIMF Great day here. Expecting a nice climb this week. $IMIMF
$IMIMF loving the latest updates on the 2 properties.
$GTEH back on the radar too. hanging tight and green near close.
$GTEH great developments, keep this on your radar
Functional Food acquisition sees top 5 sales in its category in GNC and finalizes formula on a new protein bar flavor. Can not wait for it to hit the shelves worldwide and share more details with shareholders. $GTEH DL.
— Supplement Group (USA), Inc. (@GenTechHoldings) May 26, 2020
$GTEH great update:
Functional Food acquisition sees top 5 sales in its category in GNC and finalizes formula on a new protein bar flavor. Can not wait for it to hit the shelves worldwide and share more details with shareholders. $GTEH DL.
— Supplement Group (USA), Inc. (@GenTechHoldings) May 26, 2020
$GTEH great update:
Functional Food acquisition sees top 5 sales in its category in GNC and finalizes formula on a new protein bar flavor. Can not wait for it to hit the shelves worldwide and share more details with shareholders. $GTEH DL.
— Supplement Group (USA), Inc. (@GenTechHoldings) May 26, 2020
$GTEH great update:
Functional Food acquisition sees top 5 sales in its category in GNC and finalizes formula on a new protein bar flavor. Can not wait for it to hit the shelves worldwide and share more details with shareholders. $GTEH DL.
— Supplement Group (USA), Inc. (@GenTechHoldings) May 26, 2020
.0014 $GTEH breaking green up 17% heading for blue sky territory!
I'm loving the diversification here with the 2 properties. $IMIMF
$IMIMF ready for a great open.
$IMIMF chart is ripe.
The diversification of the Thane Property and the Bullard Pass Property is very attractive for a savvy investor. $IMIMF
I love getting in on these preawareness plays. $IMIMF