GenTech's
SINFIT Featured in a New CEO Interview on
MoneyTV with Donald
Baillargeon
NEW YORK, NY --
March 19, 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 Leonard K. Armenta Jr., CEO of GenTech's
SINFIT
Nutrition brand (www.sinfitnutrition.com) ("SINFIT"), was just featured
in a new interview on MoneyTV with Donald
Baillargeon.
The interview can be
found here.
Interview Highlights
In the interview,
Armenta
focused on a range
of topics including:
- the
positive topline momentum the Company is seeing
this quarter,
- the impact of
its heightened focus on marketing and gaining wide visibility for
the SINFIT brand,
- new influencers
helping to drive brand awareness,
- how the Company
is dealing with lingering supply chain issues,
- its recent
expansion in products and end markets,
- the Company's
move to bring Secret Javas, which is seeing "exploding" sales,
under the SINFIT umbrella,
- its
other strategies to boost sales
including setting up a gym and bringing in top chefs to demonstrate
preparation with SINFIT products, and
- the Company's
strong focus on making additional value-add acquisitions
in the near
future.
Armenta noted that
2021 is off to a
great start. Q4 is a predictable seasonal soft
spot, but the Company was able to use that period to gear up for
maximizing its opportunities in the new year. This has included
supply chain adjustments, a major marketing push, product
expansion, reorganization, and other value-add adjustments. So far,
this is working extremely well, with revenues for the month
of February 2021 topping revenues for the entire
fourth
quarter
2020.
According to Armenta, this is
largely attributable to the Company's extra investment in marketing
and brand visibility, including its use of Clickly to drive ecommerce foot traffic
and its addition of a number of new star-level social media
influencers. The latest such addition is pro
boxer, Ashton Sylve, an up-and-coming star with a
massive social media following. Ashton has signed with the Company
to help drive SINFIT brand awareness through organic exposure over
his social media platform.
Armenta also discussed how some
products are still being impacted by Covid-19 through disruptions
in supply chains. However, he noted that
the Company has
managed to pivot in terms of packaging options to work around those
issues. He also noted that these would appear to be temporary
obstacles that should fade over the intermediate term.
In addition, Armenta talked
about the Company's recent hard launch of "SINFIT
Seasonings", and how that product seems to be poised to really take
off. He also discussed SINFIT's expansion into the vegan market with plant-based and
vegan bars and cookies.
Armenta followed by noting that
the Company has made a number of key moves recently, settling a
key judgement to clean up the books, building a gym, adding a
kitchen, bringing in chefs to create content segments to market,
new key hires, and the Company's reorganization to bring its Secret
Javas segment under the SINFIT umbrella. Armenta added that Secret
Javas has recently started to see a strong upward trend in
sales.
Finally, he closed with a note
about the Company's strong focus on making new value-add
acquisitions within its purview of expertise in the supplements and
functional foods space, and that there is a specific potential
acquisition now under consideration, but further details could
not be discussed at this
time.
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
