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Stevia Corp (OTC PINK:STEV) announced its plans for a new dietary supplement product launch targeted at men’s prostate health, set for early summer 2022. The company aims to leverage a growing $150 billion global dietary supplements market. A provisional patent for its proprietary formula is to be filed shortly. Key strategies include establishing an advisory panel of experts, conducting a regional rollout, and utilizing customer reviews for marketing. Furthermore, Stevia Corp. is developing an organic stevia line, intending to expand its product offerings while addressing past corporate debts.
Stevia Corp (OTC PINK:STEV) announced the purchase of an NFT bitcoin trading bot, enhancing its exploration of cryptocurrency and digital ownership. This NFT includes a trading algorithm, updated weekly, which could lead to a new business segment or future resale profit. Chairman Kenneth Maciora emphasized the potential for evaluating cryptocurrency integration in their business model without fully committing yet. Additionally, Stevia Corp. reported a significant financial gain linked to recent debt settlements, positioning the company for potential shareholder value increase.
Stevia Corp (OTC PINK:STEV) announced a non-binding purchase offer for a California-based consumer products company with existing revenue and favorable online reviews. The deal is subject to extensive due diligence and board approval, with no guarantee of acceptance from the seller. If successful, current shareholders will maintain over 90% ownership of the public company. The Chairman expressed optimism about the potential of the acquisition, emphasizing the alignment with creating shareholder value. The company is also exploring other opportunities to enhance growth.
Stevia Corp (OTC PINK:STEV) announced significant financial restructuring in a letter from Chairman Kenneth Maciora. Key highlights include eliminating $3 million in toxic debt by converting it into 41.5 million restricted shares, and settling payables under $50,000. The company aims to become virtually debt-free while exploring growth opportunities in the U.S. with the active involvement of Dr. Jerry Smartt Jr., a neurologist. Future plans focus on mergers, acquisitions, and internal growth, prioritizing shareholder value.
Stevia Corp (OTC PINK:STEV) announced significant debt settlements totaling over $1.5 million through the issuance of restricted shares. The company settled a toxic senior convertible debenture of $1,250,000 with 37,500,000 restricted shares and additional debts amounting to $250,000 for 4,000,000 shares. Furthermore, Stevia Corp aims to write off older convertible notes totaling $300,000, pending legal opinions. Chairman Kenneth Maciora emphasized that these actions are critical for enhancing shareholder value and reducing burdensome debt, marking a pivotal moment for the company.
Stevia Corp. (OTC PINK:STEV) announced the approval of its OTCIQ application by OTC Markets, enabling the company to upload financial statements and disclosure documents. The company aims to file all necessary documents by August 31, 2021, to regain 'Current Information' status. President Kenneth Maciora emphasized a commitment to enhancing shareholder value and thanked former executives for their contributions. Stevia Corp. focuses on sustainable agribusiness solutions and developing high-nutritional products.
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