GLUCODOWN® DRINK MIXES
COMPLETE PRODUCTION TRIAL; NEW GLUCODOWN®
WEBSITE UNVEILED; YTD GROSS
PROFIT MARGIN
DOUBLES
BENTONVILLE, AR
-- November
23, 2020 --
InvestorsHub NewsWire -- Glucose Health, Inc. (OTC:
GLUC) ("Company") is pleased to provide
three important
corporate
updates:
1)
Last
week, GLUCODOWN® 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
GLUCODOWN® Drink
Mixes achieve the same category leading standard
of quality as
GLUCODOWN® Tea Mixes
– themselves,
the
most
nutritious, efficacious
and at
the same time, delicious, diabetic
friendly functional
beverages
in
America.
All
ingredients comprising GLUCODOWN® Drink Mixes were staged and
processed utilizing personnel and pilot
scale equipment
located
at
Glucose Health, Inc.'s manufacturing
partner's
facility
in
Fairbault,
Minnesota. The Company is pleased to advise that a
first commercial
production run
of GLUCODOWN®
Diabetic Friendly "Enhanced
Water" Drink Mixes is planned for
January 2021. A total of seven GLUCODOWN® Drink
Mix flavors
have
been developed.
The first four flavors to be produced
are:
GLUCODOWN® Diabetic
Friendly Watermelon, Cherry,
Peach-Mango and Strawberry-Banana.
2)
An
all-new
GLUCODOWN®
consumer
information website
has been
unveiled www.glucodown.com. The
new
website
features
both
GLUCODOWN® Diabetic
Friendly Tea Mixes and Drink
Mixes plus future
products
such as GLUCODOWN® 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 GLUCODOWN®
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 GLUCODOWN®
– 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,
GLUCODOWN® defined an entirely new and distinct
category
of functional
beverage
– diabetic
friendly
iced tea. Now,
the
GLUCODOWN® 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 2025.3
In
summation, by specializing in producing delicious
functional
beverages
nutritionally
appropriate1
for the
nation's 100+ million pre and Type-2 diabetics, GLUCODOWN® is
uniquely and strongly
positioned among all
up & coming beverage companies in
America.
About Glucose Health, Inc. (OTC:
GLUC)
Manufactured
by Glucose Health, Inc., GLUCODOWN® 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
GLUCODOWN®
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.
info@glucosehealthinc.com
(479)
802-3827