InvestorsHub Logo
Followers 166
Posts 11457
Boards Moderated 0
Alias Born 01/14/2012

Re: None

Saturday, 05/30/2020 8:17:36 AM

Saturday, May 30, 2020 8:17:36 AM

Post# of 112198
Riddle me this..$teh .... Look familiar?

"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.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IGEX News