HBRM $ 0.0001.
The Company plans to continue increasing market share and revenue from
AcnEase®, the Company’s all botanical acne treatment. While supporting this
objective, in the First Quarter of 2017, the Company:
• Continued establishing relationship with a number of top influencers in the USA,
France, Canada, Spain and Argentina to increase global brand visibility
• Developed a high quality Spanish Website and Social Media platform for AcnEase® to monetize Spanish market opportunities
• Signed an agreement with an Amazon Super Seller to significantly increase sales of AcnEase® on Amazon USA
• Identified and secured the product extension and product line extension opportunities for 2017.
• Initiated several efforts to increase wholesale distribution of AcnEase®, a prime focal point of 2017 marketing efforts
• Is making preparations to deploy AcnEase® on the Amazon International
Marketplace in Europe which has a market potential of more than $85 million • Is pursuing a number of venues to monetize the sexual Botanical Therapeutics
Achievements during the First Quarter of 2017:
• Herborium’s revenue increased almost 18% (approximately by $33,000) to approximately $223,000 in sales, in comparison to Q1 of 2016.
• The Company's gross profit increased 20%, approximately $33,000 over Q1 2016 to $135,500 in 2017.
• Operating income loss decreased 80% in comparison with Q1 of 2016.
• The AcnEase US Facebook page exceeded 75,000 likes and the AcnEase France
Facebook exceeded 55,000 likes.
