Have You Been Looking For The Right Penny Stock To Invest In? Look No Further
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(YorkPedia Editorial):- Colorado Springs, Sep 8, 2020 (Issuewire.com) – ETechJive announced last week that we are going to begin a new section on our news/discussion website. ETechJive has been very much about modern tech and all that it entails. This new section is going to be on stocks, which one could argue still stays in that lane. Trading stocks today is very different than days of old. Technology dominates how stocks are traded today and below is the first company that we want to highlight. Original article found here.
The first stock that we want to take a look at is a penny stock that is completely undervalued in our opinion. This stock ended the week trading at $0.0008 per share. This company is Gentech Holdings Inc (OTCMKTS:GTEH) and they opened Secret Javas last year with the goal, “…to bring quality food & beverage products to market, ethically sourced, professionally packaged and offered in both subscription and ready to go product lines.” – https://www.gentechholdings.com/
They have been selling their premium coffees at different online retailers, their own websites, and on Amazon. If that were the only thing the company had going for it, it wouldn’t have been on our radar. The fact is Gentech Holdings Inc. (OTCMKTS: GTEH) recently acquired Sinfit Nutritional Products brands and its associated products, trade secrets, IP, inventory, and relationships. Sinfit Nutrional Products pulled in over $2.5 million in sales last year, you heard that right $2.5 MILLION in sales last year. That jettisons Gentech Holdings to a $2.5 million in a sales company, on top of their sales from their premium coffees.
The Sinfit acquisition by Gentech Holdings Inc (OTCMKTS:GTEH) represents a top-5 functional food brand currently sold in over 2,500 GNC locations in North America and over 10,000 global physical and e-commerce stores across more than 10 countries around the world.
If that was the only thing going for GTEH it should be enough to consider adding to your portfolio, however, there is more. Recently in a press release, the company announced that it has attained the classification of, “Mass Market Retail Status,” with Europa Sports. So what does this mean? This distributor brings a large US network to the table, with more than 14,000 active wholesale customers receiving products from six (6) major distribution centers, aggregating over a quarter-million square feet of total warehouse space, producing a two-day fulfillment rate of 96% on new orders.
David Lovatt, CEO of GenTech commented on what this means. “We have access to mass retailers and general goods outlets across the country – ie, Costco, BJ’s, Sam’s Club, and many more. As well as with Military Status achievement now, we will be able to sell directly into the Military based stores. This directly opens the door for us to gain access to millions and millions of new browsing end-market customers through Europa.”
This isn’t a pipe dream for this up and comer, the completed contract with Europa provides access to its entire mass market footprint. You say great EtechJive, but what does that look like? It includes large retailers, general goods outlets, military exchange stores, gyms (Golds Gyms, Crunch Fitness, LA Fitness, Dicks Sporting Goods, Academy), FDM accounts (Harris Teeter, HEB, Akins & Chamberlin’s, United Super Market, Kroger, Costco), and grab-n-go food and beverage outlets along 36 major trucking routes across the US.
This is huge!!! Why this isn’t this all over every investment news websites and blogs is beyond us here at ETechJive, maybe some of our readers can answer this question?
Heard enough to peak your interest? How about some more. In a more recent press release GTEH announced that has recently added Fusion Consulting Group as a New International Distributor – here.
“Fusion has become Puerto Rico’s Top Functional Food and Sports Nutrition Distributor, servicing over 1200 locations in Puerto Rico, including Walmart, Sam’s, Costco, CVS, and Walgreens. Fusion also has a distribution footprint that includes the Caribbean Islands and Central America, and is in the process of expanding into parts of South America. Fusion serves supermarkets, mass merchandisers, C-Stores, gyms, health food stores, and pharmacies, as well as other distributors internationally.”
You read that correctly – WALMART! “Based on data from Fusion and GenTech’s own analysis, the Company estimates the Fusion contract to be worth approximately $200,000.00 in new sales in the inaugural partnerships 1st year, with the potential to grow substantially in the years ahead.”
In other words, the company’s recent acquisition, which had pulled in over $2.5 million in sales last year, appears to be moving into a bigger market position under GTEH leadership including an additional $200,000.00 sales internationally and even more clients as described in the below video that was between Sinfits Ceo and MoneyTV with Donald Baillargeon:
GTEH offers a unique opportunity to investors. You can get in on the ground floor of a stock that is trading at $0.0008 per share, that purchased an established company worth over $2.5 million in sales and growing in one of the worse economic crisis’ in modern history.
To fully understand the potential that this stock offers. The Simply Good Food Co. (SMPL currently trading at $23.68 per share), purchased protein-bar company Quest Nutrition LLC for $1 billion in cash last August. Quest is known for its protein bars, but also offers chips, cookies, pizzas and other foods with added protein, as well as protein powder. Sinfit Nutrition (GTEH) could easily become the next functional food company to be considered in one of these type of acquisitions. To our knowledge they haven’t expressed the desire to sell anytime soon, which gives investors the opportunity to ride the wave as the stock climbs in value.