Le Lézard
Classified in: Health
Subjects: PDT, ACC

GLUCODOWNŽ "Enhanced Water" Drink Mixes Successfully Complete Production Trial; New GLUCODOWNŽ Website Unveiled; YTD Gross Profit Margin Doubles


BENTONVILLE, Ark., Nov. 23, 2020 /PRNewswire/ -- Glucose Health, Inc. (OTC: GLUC) is pleased to provide three important corporate updates:

1)  Last week, GLUCODOWNŽ Diabetic Friendly "Enhanced Water" Drink Mixes successfully completed their final step of a year-long development process ? a production trial. The objective of the production trial was to confirm and refine as necessary, production methods and parameters to ensure that new GLUCODOWNŽ Drink Mixes achieve the same category leading standard of quality as GLUCODOWNŽ Tea Mixes ? themselves, the most nutritious, efficacious and at the same time, delicious, diabetic friendly functional beverages in America.

All ingredients comprising GLUCODOWNŽ Drink Mixes were staged and processed utilizing personnel and pilot scale equipment located at the Company's manufacturing partner facility in Fairbault, Minnesota.  The Company is pleased to advise that GLUCODOWNŽ Diabetic Friendly "Enhanced Water" Drink Mixes are ready for market introduction and a first commercial production run is set for January 2021. A total of seven GLUCODOWNŽ Drink Mix flavors have been developed. The first four flavors to be produced are: GLUCODOWNŽ Diabetic Friendly Watermelon, Cherry, Peach-Mango and Strawberry-Banana.

2)  An all-new GLUCODOWNŽ consumer information website has been unveiled (www.glucodown.com). The new website features both GLUCODOWNŽ Diabetic Friendly Tea Mixes and Drink Mixes plus future products such as GLUCODOWNŽ Cappuccino and Horchata. The new website includes high-quality video of the Company's TV commercials and an enhanced "HOW IT WORKS" section detailing ingredients in the GLUCODOWNŽ formula. 

3)  YTD GROSS PROFIT MARGIN DOUBLES:  On April 22, 2020, the Company stated its four strategic goals for fiscal 2020. Strategic Goal number four was:

"Increase Profit Margins. The company expects to increase profit margins through improved production methods and cost-control and selected retailer product price increases."

For the nine-months of fiscal 2020 ended September 30, 2020, gross profit margin was 46% compared to 22% for the same nine-month period in 2019. Demonstrating the pricing power of GLUCODOWNŽ ? prices at Amazon were increased from $12.99 to $13.49 in the first quarter of 2020. Following the price increases, Amazon sales increased by triple-digit multiples. Additionally, in the third quarter, the Company reviewed its accounting policies and adopted industry standard accounting procedures with respect to Amazon's consumer fulfillment, which further increased gross profit margin. 

With its introduction in 2018, GLUCODOWNŽ defined an entirely new and distinct category of functional beverage ? diabetic friendly iced tea. Now, the GLUCODOWNŽ brand has achieved another beverage industry first ? diabetic friendly "enhanced water" drink mixes. The "enhanced water" beverage category is calculated by Fortune Business Insights to grow to $18 billion in annual revenues by 2025.

In summation, by specializing in producing delicious functional beverages nutritionally appropriate1 for the nation's 100+ million pre and Type-2 diabetics, GLUCODOWNŽ is uniquely and strongly positioned among all up & coming beverage companies in America.  

About Glucose Health, Inc. (OTC: GLUC)

Manufactured by Glucose Health, Inc., GLUCODOWNŽ functional beverages are formulated for the diabetic/adult nutrition retail category. More than 100 million Americans are estimated to be diabetic or pre-diabetic, by the Centers for Disease Control and Prevention.2 GLUCODOWNŽ provides these consumers, and increasingly many other health-conscious consumers such as followers of a KETO diet, with a nutritious, efficacious and delicious beverage option. Glucose Health, Inc. is a publicly traded company with the ticker symbol OTC: GLUC.

For more GLUC news visit www.glucosehealthinc.com

1 For citations visit www.glucodown.com/clinical-data  

2 National Diabetes Statistics Review, 2020; Centers for Disease Control and Prevention, Department of Health and Human Services.

3 https://www.globenewswire.com/news-release/2020/05/14/2033658/0/en/Functional-Water-Market-Size-to-Worth-USD-18-24-Billion-by-2025-Advancements-in-Packaging-Technology-to-Augment-Growth-Says-Fortune-Business-Insights.html

Contact:
Murray Fleming
Glucose Health, Inc.
[email protected]
(479) 802-3827

 

 

SOURCE Glucose Health, Inc.


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