Glucose Health, Inc. ANNUAL REPORT - Revenue Up 89%, Gross Profit Up 17%, Expenses Down 27%.

Date : 04/01/2019 @ 12:00PM
Source :InvestorsHub NewsWire
Stock : Glucose Health, Inc. (PC) (GLUC)
Quote : 0.18  0.0 (0.00%) @ 12:28PM

Glucose Health, Inc. ANNUAL REPORT - Revenue Up 89%, Gross Profit Up 17%, Expenses Down 27%.

Glucose Health, Inc. ANNUAL REPORT – Revenue Up 89%, Gross Profit Up 17%, Expenses Down 27%.

BENTONVILLE AR -- April 1, 2019 -- InvestorsHub NewsWire -- Glucose Health, Inc. (OTC: “GLUC”) confirms the following selected financial data from its ANNUAL REPORT for the fiscal year ended December 31, 2018, posted today on OTCMarkets.com.

Fiscal year ended December 31, 2018:

1)    Fiscal 2018 Revenue of $197,500 compared with $104,522 for Fiscal 2017; an increase of 89%.
2)    Fiscal 2018 Gross Profit of $52,818 compared with $45,112 for Fiscal 2017; an increase of 17%.
3)    Total Operating Expenses of $76,304 vs. $104,522 for Fiscal 2017; a reduction of 27%.

Murray Fleming, CEO of Glucose Health, Inc., stated, “GLUCODOWN® Diabetic Friendly Formula Tea Mix offers consumers more than great taste – it also offers product efficacy, quality ingredients and unparalleled value-for-money:

1.    Product efficacy: The GLUCODOWN® formula includes a unique form of 100% soluble fiber which, 20+ years of clinical studies1 indicate, is associated with beneficial impacts on blood glucose, triglycerides, cholesterol as well as digestive health.  

2.    Quality ingredients: The GLUCODOWN® formula includes Banaba leaf; a plant native to India, where in Ayurvedic medicine, it is considered a treatment for diabetes. The blood sugar lowering effects of Banaba have been attributed in scientific research, to corosolic acid, a substance naturally present in the Banaba leaf.2

3.    Unparalleled value-for-money: GLUCODOWN® Diabetic Friendly Formula Tea Mix combines $49.07 of premium vitamins, minerals, plant extracts and soluble fiber, sold individually by other manufacturers, together in one product for the first time – offering consumers unparalleled value.3 The suggested retail price for all four delicious flavors of GLUCODOWN® Diabetic Friendly Formula Tea Mix (Lemon, Peach, Raspberry & Super Berry) is $12.73 – less than 23 cents per serving.”

About Glucose Health, Inc. (OTC: GLUC)

Manufactured by Glucose Health, Inc. (OTC: GLUC), GLUCODOWN® is the premier functional tea beverage in the diabetic nutritional consumer category, which encompasses the more than 100 million Americans estimated to be diabetic or pre-diabetic, by the Centers for Disease Control and Prevention.4 GLUCODOWN® is a unique and compelling functional beverage and the first tea mix enriched with healthy soluble fiber.  Glucose Health, Inc. is a publicly-traded company with the ticker symbol (OTC: GLUC). GLUCODOWN® is proudly manufactured in the USA in Arkansas and Minnesota.

1,2For citations see www.glucodown.com/clinical-data
3$49.07 = (Amazon Survey 2018-11-15)
4National Diabetes Statistics Review, 2017; Centers for Disease Control and Prevention, Department of Health and Human Services.

Contact:
Murray Fleming
Glucose Health, Inc.
(479) 802-3827
 

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