Emerging Markets Report: Change is in the Air
Grey Cloak Tech Inc. (OTC: GRCK) has announced a strategic name change to Healthy Extracts Inc., reflecting its focus on proprietary natural plant-based formulations. The company has seen significant revenue growth over the past 18 months while reducing debt and acquiring two nutraceutical subsidiaries. They introduced Clinical IMMUNE™, a new product aimed at enhancing immune defense against respiratory symptoms, marketed as a cost-effective alternative to other immune products available. The trading symbol will also change to a new symbol soon.
- Significant year-over-year revenue growth reported in Q1 and Q2 filings.
- Successful debt reduction alongside business expansion.
- Launch of Clinical IMMUNE™, offering potential for strong future sales.
- None.
An Emerging Markets News Commentary
ORLANDO, Fla., Oct. 14, 2020 (GLOBE NEWSWIRE) -- A series of announcements from Grey Cloak Tech Inc., (OTC: GRCK) are the subject of this week’s issue of the Emerging Markets Report.
After the national news headlines of this week and perhaps because of this new world we all live in, the Company’s business model is at the very least, timely. Change is indeed in the air.
First off, the Company has spent the last 18 months quietly building a foundation with Q1 and Q2 filings showing large increases in year over year revenues while dramatically retiring huge debt, all while acquiring two nutraceutical subsidiaries. The Company recently announced it has filed to change its name to Healthy Extracts Inc. to better align with its science-based, proprietary exclusive products and intellectual properties. The name change better reflects the Company’s focus as it engages in the proprietary development of natural plant-based formulations, along with the sale and distribution of cardiovascular and neuro products. The trading symbol will also change to an as-yet undetermined new symbol.
That’s the first release that caught my eye. But the second one is the one that gives us reason to dig a little deeper.
As we now go through the common practice of wearing masks to prevent contraction of airborne diseases as a pandemic rages on and as flu season descends upon us, Grey Cloak/Healthy Extracts’ business model appears timely, if not well-positioned.
Here’s why, as explained with an excerpt from the most recent press release:
Grey Cloak Tech Inc. Introduces ‘Clinical IMMUNE™’ to Combat Respiratory Symptoms
“We are excited to introduce Clinical IMMUNE™, a truly unique product among all the immune products available in the market today. Consumers would have to take up to 22 pills a day to accomplish what Clinical IMMUNE™ does with just two pills. In addition, people could be spending up to
It’s a bold statement from Gley Cloak’s president. But it’s also very, very clear that we are more conscious than ever about our immune health as well. And its obvious by the onboarding of masks by most in public spaces that not getting sick is a paramount concern.
These masks, you see, are meant to prevent pathogens from entering our lungs.
Grey Cloak/Healthy Extracts appears to have developed a product that may help deal with some of those pathogens should they get inside a person.
About Grey Cloak Tech, Inc.
The Company now has two distinct business lines. The Company is still engaged in the sale of cloud-based software to detect advertising fraud on the internet, and through the acquisition of its wholly-owned subsidiary, Eqova Life Sciences, the Company entered the business of distributing a full spectrum of hemp oil products.
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Must Read OTC Markets/SEC policies on stock promotion and investor protection
- https://www.otcmarkets.com/learn/policy-on-stock-promotion
- https://www.otcmarkets.com/learn/investor-protection
- https://www.sec.gov/news/press-release/2017-79
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FAQ
What is the recent announcement from Grey Cloak Tech Inc. (GRCK)?
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What is Clinical IMMUNE™ and how does it benefit consumers?
