Higher Gross Profit, Net Income & Lower Liabilities - Glucose Health, Inc. Fiscal Update
November 14 2017 - 6:00AM
InvestorsHub NewsWire
Bentonville, AR -- November 14, 2017 -- InvestorsHub NewsWire --
This morning, Glucose Health, Inc. (OTC: “GLUC”)
filed the following selected financial data for the 9-month fiscal
year-to-date period ended September 30, 2017, on Form 10-Q, with
the Securities and Exchange Commission:
1) Gross profit of $57,240; a
305% increase compared to $18,781, for the prior 2016 period.
2) Net income of $39,018 or
$0.01 per share compared to a net loss of ($286,363) or ($0.11) per
share, for the prior 2016 period.
3) Total liabilities of $452,585
at September 30, 2017; a $76,007 year-to-date reduction of total
liabilities from $528,592, at December 31, 2016.
4) 4,545,310 issued and
outstanding shares of common stock (3,550,511 in public float) as
of today, November 14, 2017.
Murray Fleming, CEO said, “our customers have enjoyed more than 2
million servings of Glucose Health® Blueberry Tea Mix since
launch. With cumulative sales of $391,444 through September 30,
2017, the genuine consumer interest in our first-ever product,
is validation of our strategy of creating innovative products
to serve the over-the-counter, diabetes nutritionals category. But,
what is most promising for the Company’s future growth and
expansion, is new Glucose Health® iced tea mixes are better
than the original, in every respect:
1. NO CAFFEINE: The volume of
customer requests for no caffeine was significant. New Glucose
Health® iced tea mixes are made with 100% decaffeinated black
teas.
2. NEW HIGH BIOAVAILBILITY ZINC and
MANGANESE: High bioavailability Zinc Picolinate and Manganese
Citrate have been added to new Glucose Health® iced tea mixes,
along with high bioavailability Chromium Picolinate from our
original formula. High bioavailability trace minerals are more
effective because they are more easily absorbed in the body. High
bioavailability trace minerals in Picolinate or Citrate form can
generally be purchased only at specialty nutrition retailers
and pharmacies and often at much higher cost per serving, when
compared to Glucose Health®.
3. NEW MICRO-NUTRIENTS: A
targeted micro-nutrient mix of “B” vitamins, B6, B12 and Biotin
(B7), has been added to new Glucose Health® iced tea mixes. All
three vitamins are important for the unique nutritional needs
of persons with pre-diabetes and Type-2 diabetes.
4. NEW BANABA LEAF: Banaba Leaf
is the single most compelling alternative or traditional remedy for
diabetes. For thousands of years in India, Banaba Leaf has
been used in Ayurvedic medicine, one of the world’s oldest medical
systems, for the management of diabetes. In 1940, the first
clinical research observing the hypoglycemic and
anti-hyperlipidemic properties of the naturally occurring corosolic
acid in Banaba Leaf, was published.
5. FIBERSOL®-2: Glucose Health,
Inc. has received valuable support from Archer Daniels Midland
(ADM) in bringing our new Glucose Health® iced tea mixes to
market. Fibersol®-2 is a 100% soluble fiber first developed by
scientists at the Matsutani company of Japan. Clinical data,
now spanning two decades, supports the beneficial impacts of
Fibersol®-2, in maintaining healthy blood sugar and regular
digestive health. All Fibersol®-2 used in Glucose Health® products,
is manufactured by ADM in Clinton, Iowa.”
To view the Supplement Facts nutrition label for new Glucose
Health® iced tea mixes in mixed berry, lemon and peach, please
visit www.tryglucosehealth.com
About Glucose Health, Inc. (OTC:
GLUC)
Glucose Health, Inc. manufactures functional beverages which serve
the fast-growing, over-the-counter, diabetic nutritionals category.
Today, original Glucose Health® Blueberry Tea Mix is available
nationwide at Walmart in the pharmacy "Diabetic Supplies" aisle and
beginning this month, is available at Amazon. New Glucose
Health® iced tea mixes in lemon, peach and mixed berry flavors are
coming soon. Glucose Health® products are made in America and
support jobs in Arkansas. Glucose Health, Inc. is a publicly-traded
company with ticker symbol (OTC: GLUC).
Contact:
Glucose Health, Inc.
Murray Fleming
(888) 987-6315
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