NetworkNewsBreaks – Healthy Extracts Inc. (HYEX)
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Posted On: 03/09/2021 4:15:12 PM
NetworkNewsBreaks – Healthy Extracts Inc. (HYEX) Releases FY 2020 Revenue Results, Year-End Accomplishments
Healthy Extracts (OTCQB: HYEX), a leading developer and manufacturer of heart health, brain health and supplementary technologies, has announced its year-end financial numbers and business updates for the 12-month period ending Dec. 31, 2020. Financial highlights of the report include revenue increases of 71% to $1,276,559 compared to 2019 revenues of $748,377 and a net shareholder equity increase of $3.7 million. In addition, the company eliminated all convertible debt. The report attributes the increases to Healthy Extracts transition to its new business of selling health-nutrition products. Business highlights for the year include a company name change, full reporting and upgrade to the OTCQB, the acquisition of Ultimate Brain Nutrients and the introduction of two key products: Clinical Immune and HerHeart. In addition, the company reported key progress on clinical studies and pilot studies focusing on its proprietary Fuel4Thought Brain Booster product, which is slated for release in Q2. “I am extremely excited about 2021 and our Live Life Young Again strategy,” said Healthy Extracts president Duke Pitts in the press release. “Our name and ticker symbol changes were finalized last week, transitioning to Healthy Extracts Inc., which aligns us with our corporate objectives. Our 2020 results demonstrate continued momentum for the company.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Healthy Extracts (OTCQB: HYEX), a leading developer and manufacturer of heart health, brain health and supplementary technologies, has announced its year-end financial numbers and business updates for the 12-month period ending Dec. 31, 2020. Financial highlights of the report include revenue increases of 71% to $1,276,559 compared to 2019 revenues of $748,377 and a net shareholder equity increase of $3.7 million. In addition, the company eliminated all convertible debt. The report attributes the increases to Healthy Extracts transition to its new business of selling health-nutrition products. Business highlights for the year include a company name change, full reporting and upgrade to the OTCQB, the acquisition of Ultimate Brain Nutrients and the introduction of two key products: Clinical Immune and HerHeart. In addition, the company reported key progress on clinical studies and pilot studies focusing on its proprietary Fuel4Thought Brain Booster product, which is slated for release in Q2. “I am extremely excited about 2021 and our Live Life Young Again strategy,” said Healthy Extracts president Duke Pitts in the press release. “Our name and ticker symbol changes were finalized last week, transitioning to Healthy Extracts Inc., which aligns us with our corporate objectives. Our 2020 results demonstrate continued momentum for the company.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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