Some of Penny's DD from our IBOX can fill out and add details to each of the pieces of that organizational chart. Sooooo much good info in the IBOX Penny put together for us!
Stevia Corp. is a farm management company focused on high value stevia and hemp agronomics from plant breeding and best agricultural practices to post-harvest techniques. Their focus is on implementing quality agribusiness solutions to our partners, contract growers and customers to maximize the production of agri-products and the economic development of stevia and hemp and its extracts.
Stevia Asia Limited ("SAL") is a wholly owned subsidiary of Stevia Corp. registered in Hong Kong. The purpose of SAL is to provide a holding company entity for our planned operations in China and to support our business arrangements regarding the recently announced cooperative agreement with Guangzhou based Tech-New Bio-Technology for the commercialization of stevia supplemented fertilizers and feedstock formulations intended for agricultural and aquaculture applications as well as other stevia related technologies. SAL would also govern and expedite the commitments inherent in the Letter of Intent (LOI) with Fish International Sourcing House Pte Ltd ("FISH") of Singapore for the processing and distribution of stevia fed seafood to its international customers.
The Stevia Technew Limited (“STL”) venture is 70% owned by Stevia Corp. with the remaining 30% held by TechNew. This joint venture started in July of 2012 and at that time marked the execution of Phase One Commercialization Plans for the stevia supplemented fertilizers and feedstock formulations intended for agricultural and aquaculture applications. As part of the agreements, Stevia Technew Limited has further acquired from TechNew all current and future stevia formulation technologies, including eight formulations actively used in feed & fertilizer agriculture and aquaculture applications.
Stevia Ventures International Ltd. ("Ventures") was incorporated on April 11, 2011 under the laws of the Territory of the British Virgin Islands ("BVI"). Stevia Ventures International Ltd. owns certain rights relating to stevia production, including certain assignable exclusive purchase contracts and an assignable supply agreement related to stevia.
SC Brands is 70% owned by Stevia Corp. and 30% owned by SL Group Holdings Pte Ltd which will provide initial capital funding of up to one million dollars in the form of a convertible promissory note with a fixed conversion price of 25 cents, convertible into common shares of Stevia Corp. Brizzles Asia Pacific Pte Ltd will off-take the production and manage the distribution. The products will be manufactured in Asia to Stevia Corp.'s specifications, and initial distribution will focus on Asia and Africa where Brizzles has strong distribution channels.
Real Hemp LLC - With Stevia Corp.’s production base firmly in place, they are focused on developing the US market and increasing margins with higher value added products. Real Hemp LLC, a US subsidiary of Stevia Corp., will play a central role in this effort. They are currently confirming final details of initial products for the US market with the intent to go live with the Real Hemp website in June 2014.
The funniest thing about this particular signature is that by the time you realize it doesn't say anything it's to late to stop reading it.
