Day: April 1, 2022

June 2021 Acquisition of Viactiv® Brand and Business Changed Operational Focus of Company and Materially Impacted 2021 Revenues, Operations and Financial Results Viactiv® Generated Net Revenues of approximately $2.4 Million or 92% of Net Revenues for the Quarter Ended December 31, 2021, and approximately $6.5 Million or 90% of Net Revenues for the Year Ended December 31, 2021 HOUSTON, April 01, 2022 (GLOBE NEWSWIRE) — Guardion Health Sciences, Inc. (Nasdaq: GHSI) (“Guardion” or the “Company”), a clinical nutrition company that develops clinically supported nutrition, medical foods, and dietary supplements, announced its financial results for the year ended December 31, 2021. The Company also provided a corporate update to shareholders. The financial highlights presented below were impacted by the Company’s acquisition, effective...

Endexx Q4 Sales Rebounded Increasing 360% Above Q3 Revenues CAVE CREEK, AZ, April 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Endexx Corporation (OTC: EDXC), a provider of innovative Hemp-derived wellness and nutritional products, today announced its audited fiscal 2021 annual report.  Endexx faced multiple challenges associated with the Pandemic and a slowdown in the retail markets during the first three quarters of its fiscal 2021. Ongoing supply chain issues impacted packaging and individual ingredient availability delaying production runs in key product sets during the fiscal year.  Consumer foot-traffic declines and retail store closings affected the revenue growth curve in 2021. Endexx reported its first revenue pullback since entering the Hemp Industry in 2014. The company had a 43% reduction in top line revenue in fiscal...

ANAHEIM, CA, April 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — BioCorRx Inc. (OTCQB: BICX) (the “Company”), a developer and provider of innovative treatment programs for substance abuse and related disorders, today provided a year-end business update for 2021 and reported on recent corporate developments. Lourdes Felix, CEO, CFO and Director of BioCorRx Inc., commented, “In 2021, we achieved a number of important milestones and accomplishments. During the second quarter of 2021, we received clearance from the U.S. Food and Drug Administration (FDA) to proceed to human trials for BICX104, a gradual release implantable pellet for opioid use disorder (OUD) being developed under the Company’s controlled subsidiary, BioCorRx Pharmaceuticals, Inc. BICX104 is being developed with the goal of improving patient compliance to naltrexone...

LAS VEGAS, April 01, 2022 (GLOBE NEWSWIRE) — Healthy Extracts Inc. (OTCQB: HYEX), a leading innovator of clinically proven plant-based products for heart and brain health, reported results for the fourth quarter and full year ended December 31, 2021. Q4 Financial HighlightsNet revenue totaled $672,000, up 77% sequentially and up 394% from the same year-ago quarter. Net income of $535,000, improving from a net loss of $1.6 million in the same year-ago quarter.Full Year 2021 Financial HighlightsNet revenue increased 15% to record $1.5 million. Gross profit was $695,000 or 47.4% of net revenue. Operating expenses reduced by $471,000 to $2.6 million.2021 Operational HighlightsIntroduced breakthrough nutraceutical formulation, Ultimate Brain Nutrients™ (UBN™) ACTIVATE™, clinically shown to increase key brain activity by as...

LAKEWOOD Ranch, Fla., April 01, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Brain Scientific (OTCQB: BRSF), an innovative company focusing on the Medical Technology market, reports its business highlights and financial results for the fourth quarter and full year ended Dec. 31, 2021. Fourth Quarter and Recent HighlightsCompleted merger with Piezo Motion and announced Hassan Kotob as CEO of the combined company Appointed new independent directors Daniel Cloutier, Thomas Olivier, and Donald MacKenzie as to the Brain Scientific board Appointed two senior executives to lead revenue generation efforts Announced global partnership with a global master agent, advancing innovative neurodiagnostic devices Partnered with Benson Engineering to deliver affordable micro-precision motors and motion control solutions to the southern U.S. Hosted...

Company Achieves 360% Increase in Revenue in 2021 through Implementation of Successful Acquisition Strategy Completed Three Material Acquisitions in Last Six Months of the Year Currently Operating at a $20 Million Revenue Run Rate MIAMI, April 01, 2022 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a global leading developer, marketer, and manufacturer of nutritional and related products, today announced financial results and provided a business update for the year ended December 31, 2021. “2021 was a transformational year for the Company as revenue increased more than four-fold mainly as the result of acquisitions that closed in 2021, in addition to significantly expanding our product lines, production capabilities, distribution and marketing capabilities,” stated A.J. Cervantes, Jr.,...

NEW YORK, April 01, 2022 (GLOBE NEWSWIRE) — 1847 Holdings LLC (OTCQB: EFSH) (“1847 Holdings”), a publicly traded holding company platform that combines the attractive attributes of private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced financial results for its fiscal year ended December 31, 2021. 2021 HighlightsGenerated proforma revenue of $51.5 million for the year ended December 31, 2021, up from proforma revenue of $41.7 million in 2020. Completed acquisitions of Wolo, High Mountain, and Innovative Cabinets Declared first quarterly dividend in December 2021 Secured $24.86 million institutional funding at the holding company level Appointed finance and accounting veteran Vernice Howard as CFO and leading lean manufacturing executive Eric VanDam as COO“I...