LAS VEGAS, March 09, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Healthy Extracts Inc. (OTCQB: HYEX) (the “Company”), a leading developer and manufacturer of heart health, brain health and complementary technologies, announces its 2020 year-end results and a list of its key achievements.
The Company recorded an increase in revenues of 71% to $1,276,559 for the 12-month period ended December 31, 2020, compared to revenues of $748,377 reported for the 12-month period ended December 31, 2019, with a net increase in equity of $3.7 million. The Company attributes these increases to the transition to its new health nutrition sales business, which is posting favorable results despite the effects of COVID. The Company has also eliminated its convertible debt.
“I’m extremely excited about 2021 and our ‘Relive the young life‘ strategy. Our name and ticker symbol changes were finalized last week, moving to Healthy Extracts Inc, (OTCQB:HYEX), which aligns us with our corporate goals,” said Duke Pitts, Chairman. “Our 2020 results demonstrate continued momentum for the Company.”
2020 key activities:
Gross revenue grew 71% in 2020, even with some lingering negative effects from COVID.
Renamed Healthy Extracts Inc. (HYEX) from Gray Cloak Tech to better align its businesses.
Full and upgraded reports to OTCQB in October 2020.
Independent report by Trickle Research predicting positive stock growth.
The company has eliminated all convertible debt.
Net increase in shareholders’ equity of $3.7 million.
Acquisition of Ultimate Brain Nutrients for its breakthrough brain products, including six patents (2 issued, 4 pending) and proprietary formulations.
Introducing the revolutionary Clinical Immune, the only clinically proven and formulated immune product focused on cardiac and respiratory immune health.
Key clinical studies on its proprietary product Fuel4Thought Brain Booster, which will begin sales in the second quarter.
Pilot study completed on company’s Fuel4Thought Migraine formulation with excellent results; study was published in the famous World Journal of Advanced Research and Reviews.
Launch of HerHeart, the only cardiovascular product designed just for women; positive clinical trial results published in Annals of Women’s Health. Cardiovascular disease is and will likely remain the number one cause of death in the United States for both women and men.
About Healthy Extracts Inc.
Healthy Extracts Inc. (OTCQB: HYEX), through its two subsidiaries, BergaMet NA and Ultimate Brain Nutrients (“UBN”), is engaged in the proprietary research and development of natural herbal formulations, as well as the sale and distribution of products cardiovascular and neurological based on natural ingredients. For more information, visit the company’s website:
About the Ultimate Brain Nutrients
Ultimate Brain Nutrients (UBN), a subsidiary of Healthy Extracts Inc., is a science-based company that develops unique herbal and superior health technology neuroproducts that improve brain health, including memory, cognition, concentration and neuro-energy. UBN’s proprietary KETONOMICS® formulations – targeting brain activity, headaches and cognitive behavior – offer multiple IP licensing opportunities to monetize the company’s portfolio. Licensing opportunities include multiple beverage formats, individual products, proprietary blends and other food platforms. UBN has five unique formulation patents – two issued and four pending. Learn more about www.ubnutrients.com.
About BergaMet NA
BergaMet NA is a supplier of natural nutraceutical supplements for heart health. Based in Nevada, BergaMet researches and develops proprietary, natural, plant-based formulations. BergaMet NA is the only Citrus Bergamot SuperFruit™ heart health supplement supported by 17 clinical studies. BergaMet brand supplement offers the highest quality and concentration of polyphenols and flavonoids available anywhere in the world. It is also the only bergamot supplement endorsed by Italy’s prestigious Accademia del Bergamotto. BergaMet NA is the only company authorized to manufacture, distribute and sell these products in the United States, Canada and Mexico. BergaMet also sells and distributes natural products with superior health technologies based on clinical evidence and confirmed by doctors to maintain a healthy immune system and improve metabolic syndrome. Learn more about www.bergametna.com.
Forward-Looking Statements and Safe Harbor Notices
All statements other than statements of historical facts included in this press release are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). These forward-looking statements include our expectations and statements that use forward-looking words such as “expected”, “expected”, “possibility” and “anticipate”. The realization or success of the matters covered by these forward-looking statements involve significant risks, uncertainties and assumptions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors set forth in the company’s annual report on Form 10-K, filed with the SEC on February 19, 2021, and future periodic reports filed with the SEC. All of the Company’s forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.
The Company cautions that the statements and assumptions made in this press release constitute forward-looking statements and do not guarantee future performance. Forward-looking statements are based on management’s estimates and opinions at the time the statements are made. The information presented here is valid only as of the date hereof. The Company and its management assume no obligation to revise these statements after the date of this press release.
Healthy Extracts Inc.: