For those doing their due diligence and who are curious about the shark tank mystery. Please see the first post that i ever posted on ihub under this account. Straight from Hugo (the CEO of Saavy Naturals) himself.
Repasting it here:
Hey guys - I've been watching TMXN and the posts here for quite some time. I own a lot of shares too. I just opened an account here because i just wanted to clarify something. Over the summer, I was trying to figure out for the life of me whether or not Saavy ended up signing the deal with Barbara. They didn't. Saavy backed out of the deal at the last minute. I know this for a fact because I e-mailed Hugo directly and his reply was the following (you will also see that i asked him about beefing up customer service and distribution in anticipation of potential big orders, as well as financing) :
About Barbara, we pass the offer to work with her, going thru the documentation we found out that she don’t want to build a brand, my wife and I are building a global brand, we really know that we have a jewel in our hands and believe in our vision to bring joy and abundance to people’s lives with the most incredible, pure and luxurious body care with skin care quality available in the market
We still friend of Barbara Corcoran’s office, when we need an advice or question we have access to their resources anytime
About customer services area, we are hiring and training in all areas, production, sales, customer service, management, we know we need to beef up all of those areas to be ready for what is coming
And about the finances I can’t speak freely to protect the public company but in the proper time we are going to disclose what we are doing, stay tune! I wish I can do it right now but I can’t. Thank you for understanding.
Finally, i also expressed my concern about further dilution. this was his reply:
Thanks for understanding my position, we never would dilute a shareholder, we want to have a partnership of trust always, we want to bring joy and abundance to the market place with integrity and innovation going hand to hand, our main goal is to grow our company organically, opening new channels of distribution without compromising quality in our products and always knowing who our partners are in this adventure to create wealth to our shareholders, our employees and for us and our family
Take care and God bless you
I hope this helps to clarify some matters.
