GenTech's
SINFIT Nutrition Kicks Off 2021
with New Relationships and Multiple
Significant Purchase Orders as GenTech Cancels Reverse Stock
Split
New
York, NY --
January 26, 2021 -- InvestorsHub NewsWire
-- GenTech Holdings, Inc. (OTC
PINK:
GTEH) ("GenTech" or the "Company"),
an emerging leader
in the high-end Premium Coffee and Functional Foods
marketplaces, is excited to announce
that its
SINFIT
Nutrition brand
("SINFIT") www.sinfitnutrition.com has already booked
multiple
new
significant
international
purchase
orders and a
material domestic co-marketing agreement to begin 2021
as growth picks up
for the emerging sports nutrition brand.
SINFIT CEO, Leonard
K. Armenta Jr, commented, "Things are really starting to
happen for SINFIT. We were the main sponsor of the
Mr. Olympia
Wheelchair division at the Mr. Olympia event late
last year, and a key venue sponsor of the whole event. That was a
tremendous gamble, and it has started to pay off in a big way. We
have been incredibly busy since that time, and new relationships
have materialized as a result of the spike in interest in SINFIT
products that came in the wake of the event. Now, Netflix is poised
to release a documentary on the event, and SINFIT alongside our industry influencer, Johnny
Quinn, who finished as a top-5 contestant,
appear in that
showcase, and we're extremely excited about that."
Recent
orders 720
cases of SINFIT products paid for by and being delivered to
Whey King
Supplements ("Whey
King"),
based in the Philippines with 17 major locations across
the country, and 1,152 cases of SINFIT products paid for by
and being delivered to Goodlife, based in Costa
Rica,
serving Costa Rican
fitness enthusiasts at 22 prime locations throughout the
country.
In both
arrangements, the Company believes the orders represent initial
orders in a newly established and
ongoing
supply
relationship.
In addition,
the Company has
launched an exclusive co-marketing strategy with
WheelPay,
a provider of affordable,
powerful, and intuitive payment
solutions
for
MicroGyms, targeting Cross Fit gyms
throughout the US domestic fitness market.
Armenta
added, "We
have seen exciting follow-through momentum so far
this year as
our branding and distribution positioning within the sports
nutrition space continues to establish strong traction. These new
relationships represent an opportunity to further
nail down our
international footprint while we
target new opportunities to expand the SINFIT brand here in the
US."
GenTech Holdings,
Inc. CEO, David Lovatt, added also that "the SINFIT team continue
to deliver and, at a time when we cancelled a recently filed
reverse split of the stock, their continued success comes with perfect
timing."
About GenTech Holdings, Inc.
GenTech Holdings,
Inc. is a publicly traded company under the symbol GTEH. The
Company launched a high-end Coffee Subscription service in early
2020 called Secret Javas and has recently closed on its acquisition
of Sinfit Nutrition, which offers
a range of high-end
Functional Foods.
Forward-Looking Statements
This
press
release may
contain forward-looking statements, including information about
management's view of GenTech, Inc.'s future expectations, plans and
prospects. In particular, when used in the preceding discussion,
the words "believes," "expects," "intends," "plans," "anticipates,"
or "may," and similar conditional expressions are intended to
identify forward-looking statements. Any statements made in this
news release other than those of historical fact, about an action,
event or development, are forward-looking statements. These
statements involve known and unknown risks, uncertainties and other
factors, which may cause the results of GenTech, its subsidiaries
and concepts to be materially different than those expressed or
implied in such statements. Unknown or unpredictable factors also
could have material adverse effects on GenTech's future results.
The forward-looking statements included in this press release are
made only as of the date hereof. GenTech cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, GenTech undertakes no
obligation to update these statements after the date of this
release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are
not paid for by GenTech.
Corporate
Contact:
invest@gentech.group
www.gentechholdings.com
Public Relations:
EDM Media,
LLC
https://edm.media
(800)
301-7883
