{"id":453657,"date":"2021-03-09T08:33:14","date_gmt":"2021-03-09T13:33:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=453657"},"modified":"2021-03-09T08:33:14","modified_gmt":"2021-03-09T13:33:14","slug":"healthy-extracts-inc-announces-2020-year-end-accomplishments-annual-revenue-up-71","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/healthy-extracts-inc-announces-2020-year-end-accomplishments-annual-revenue-up-71\/","title":{"rendered":"Healthy Extracts Inc. Announces 2020 Year-End Accomplishments, Annual Revenue Up 71%"},"content":{"rendered":"<div class=\"mw_release\">\n<p>LAS VEGAS, March  09, 2021  (GLOBE NEWSWIRE) &#8212; via InvestorWire \u2013 Healthy Extracts Inc. (OTCQB: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=mJp8bWUoW7ZAmj1b53bba1V7IXMB9HqS2FidLZ157W8vm-jfRKFUkLKaE75DB_xBPAD3674qlY4_8xMHTrnp5Q==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>HYEX<\/u><\/a>) (the \u201cCompany\u201d), a leading developer and manufacturer of heart health, brain health and supplementary technologies, announces its year-end results for 2020 and a list of key accomplishments.<\/p>\n<p>The Company reported revenue increases of 71% to $1,276,559 for the 12 months ended Dec. 31, 2020, compared to revenues of $748,377 reported for the 12-month period ended Dec. 31, 2019, with a net shareholder equity increase of $3.7 million. The Company attributes the increases to the transition to its new business selling health nutrition products, seeing favorable results despite the effects of COVID. The Company also eliminated its convertible debt.<\/p>\n<p>\u201cI am extremely excited about 2021 and our \u2018<strong>Live Life Young Again<\/strong>\u2019 strategy. Our name and ticker symbol changes were finalized last week, transitioning to Healthy Extracts Inc, (OTCQB:<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tL0PjGg7kdcpax7S5P73PR6UwIz1wO5Rg6ic1K8TZ9JcvJ-EzWbv0F4MBJ0KnE3vD3zrU8247vyRS_3Zn_QCqQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">HYEX<\/a>), which aligns us with our corporate objectives,\u201d stated Duke Pitts, president. \u201cOur 2020 results demonstrate continued momentum for the Company.\u201d<\/p>\n<p>Key 2020 Activities:<\/p>\n<ul type=\"disc\">\n<li>Gross revenue was up 71% in 2020, even with some continued negative effects of COVID.<\/li>\n<li>Healthy Extracts Inc. (HYEX) name change from Grey Cloak Tech to better align its companies.<\/li>\n<li>Full reporting and upgraded to the OTCQB in October 2020.<\/li>\n<li>Independent report conducted by Trickle Research projecting positive stock growth.<\/li>\n<li>Company eliminated all convertible debt.<\/li>\n<li>Net shareholder equity increase of $3.7 million.<\/li>\n<li>Acquired Ultimate Brain Nutrients for its breakthrough brain products, including six patents (2 issued, 4 pending) and its proprietary formulations.<\/li>\n<li>Introduction of the revolutionary Clinical Immune, the only immune product formulated and clinically proven focusing on heart and respiratory immune health.<\/li>\n<li>Key clinical studies on its proprietary unique Fuel4Thought Brain Booster product, with sales beginning in Q2.<\/li>\n<li>Pilot study completed on the Company\u2019s Fuel4Thought Migraine formulation with great results; study was published in the renowned World Journal of Advanced Research and Reviews.<\/li>\n<li>Release of HerHeart, the only cardiovascular product designed just for women; positive clinical trial results published in Annals of Women&#8217;s Health. Cardiovascular disease is and will likely remain the No. 1 cause of death in the U.S. for women and men.<\/li>\n<\/ul>\n<p>\n        <strong>About Healthy Extracts Inc. <\/strong><br \/>\n        <br \/>Healthy Extracts Inc. (OTCQB: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZRZtnjFlitWJW6-h3UqAKdVtP3oD2e2_3gO9LBr9MxA0XCcUph-QP1D_qRrBeU_vkWnO4qxQUX_QwuLy3ia3bA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>HYEX<\/u><\/a>), through its two subsidiaries, BergaMet NA and Ultimate Brain Nutrients (\u201cUBN\u201d), is engaged in proprietary research and development of natural plant-based formulations, as well as sales and distribution of natural-ingredient cardiovascular and neuro products. For more information, visit the company\u2019s website:<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=V2QviogFABuTUMFzYBZLFjJTMZTKmiuQyvRFQn27vmUDXIRDKSGdHmCRUhkZFrazP6ixIQBBTlImON61Qr4ogsa_jcs0k_erQnVzoK9NIeINJn6YsdHUN_wPs5OSNCf6\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.healthyextractsinc.com<\/u><\/a><\/p>\n<p>\n        <strong>About Ultimate Brain Nutrients<\/strong><br \/>\n        <br \/>Ultimate Brain Nutrients (UBN), a subsidiary of Healthy Extracts Inc., is a science-based company that develops unique, plant-based superior health technology neuro-products that improve brain health, including memory, cognition, focus and neuro-energy. UBN\u2019s KETONOMICS\u00ae proprietary formulations \u2013 targeting brain activity, headache and cognitive behavior \u2013 provide multiple intellectual property license opportunities for monetizing the company\u2019s portfolio. License opportunities include multiple beverage formats, individual products, proprietary mixtures and other food platforms. UBN has five unique formulation patents \u2013 two issued and four pending. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uK3L5Pp9iaelN1ziLi7mYAmyuPQ-YeuWafI5rczGYSsjBejKYd5TsgGCRhswwQbvoq2c6VlmRILHnTP5EYpbow==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.ubnutrients.com<\/u><\/a>.<\/p>\n<p>\n        <strong>About BergaMet NA<\/strong><br \/>\n        <br \/>BergaMet NA is a provider of nutraceutical natural heart health supplements. Based in Nevada, BergaMet researches and develops proprietary, natural, plant-based formulations. BergaMet NA is the only <strong>Citrus Bergamot SuperFruit\u2122<\/strong> heart health supplement\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=W2OrO20eIJgQ5OW5tr_-wJu9RWJMaJrseVeqJ_ccJZlsJFuODkr3tAu9JeOrO04byRwcn8u1DbySl7WrcyDXMHJEQsenL-3uGe04GATPcj8McdJQMNLVH9Sy2mk3ojEV03_4EzhCKH7Jm-pHrglyYw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><strong>backed by 17 clinical studies<\/strong><\/a>. The BergaMet brand supplement boasts the highest quality and concentration of polyphenols and flavonoids available anywhere in the world. It is also the only bergamot supplement approved by the prestigious Accademia del Bergamotto of Italy. BergaMet NA is the only company authorized to manufacture, distribute and sell these products in the United States, Canada and Mexico. BergaMet also provides sales and distribution of natural products that feature superior health technologies based on clinical and doctor-supported evidence for maintaining a healthy immune system and improving metabolic syndrome. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=NmNUw8CUzzbME3zurkaq6XQk0uavvpq06QA8oQYr_BkfYELDfxHtWl49bYMWetwkrDVQH0T-BlKbgwiYdWGMjg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.bergametna.com<\/a>.<\/p>\n<p>\n        <strong>Forward-Looking Statements and Safe Harbor Notice<\/strong><br \/>\n        <br \/>All statements other than statements of historical facts included in this press release are &#8220;forward-looking statements&#8221; (as defined in the Private Securities Litigation Reform Act of 1995). Such forward-looking statements include our expectations and those statements that use forward-looking words such as &#8220;projected,&#8221; &#8220;expect,&#8221; &#8220;possibility&#8221; and &#8220;anticipate.&#8221; The achievement or success of the matters covered by such 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&#8217;s Annual Report on Form 10-K, filed with the SEC on Feb 19, 2021, and future periodic reports filed with the SEC. All of the Company&#8217;s forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.<\/p>\n<p>The Company cautions that statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management undertake no obligation to revise these statements following the date of this news release.<\/p>\n<p>\n        <strong>Healthy Extracts Inc.:<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=v9gqLQWDmew526rkw6ThKe9agMTLtfUZxZ9JlK6S9ZefvxCTW62coRqrNEEXO44w7pn2oj6rNSmQ10TAvb1ogCEkg4rLBVVzUWOqzYqzC_kKRXfN2X9THnhYaqp7C-8x\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <u>Info@healthyextractsinc.com<\/u><br \/>\n        <\/a>\n      <\/p>\n<p>\n        <strong>Corporate Communications:<\/strong><br \/>\n        <br \/>InvestorBrandNetwork (IBN)<br \/>Los Angeles, California<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Rg6aW-uE_eWbn7-CBS5z2H-PtaqQNh5W95aC_59S1rDGcD1Re6qq6C1DpL_bJnp_v35Kc5J8ro3mTTSA2CMQpWvNMgzJi_a7T-YZ8OpexFUVlXG55-OANeb7B_LK7IxG\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.InvestorBrandNetwork.com<\/a><br \/>310.299.1717 Office<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Rtcm4zQY1KDFnLZD1ITDvcaCvEfV5464X6ivJ_XiUoSHvMlycYHwNX0QmDXoWiZfSNvY0IcDAx40IqTbKLLnug_KdLjgE_BrO8pgDGS-WNw9eaDZlCL_zx2YMr7RsHok\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Editor@InvestorBrandNetwork.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NjY4NiM0MDU0Nzg4IzUwMDA3ODM4OQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/2ae869bc-a45c-467a-9a15-9fe9d0ee9799\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LAS VEGAS, March 09, 2021 (GLOBE NEWSWIRE) &#8212; via InvestorWire \u2013 Healthy Extracts Inc. (OTCQB: HYEX) (the \u201cCompany\u201d), a leading developer and manufacturer of heart health, brain health and supplementary technologies, announces its year-end results for 2020 and a list of key accomplishments. The Company reported revenue increases of 71% to $1,276,559 for the 12 months ended Dec. 31, 2020, compared to revenues of $748,377 reported for the 12-month period ended Dec. 31, 2019, with a net shareholder equity increase of $3.7 million. The Company attributes the increases to the transition to its new business selling health nutrition products, seeing favorable results despite the effects of COVID. The Company also eliminated its convertible debt. \u201cI am extremely excited about 2021 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/healthy-extracts-inc-announces-2020-year-end-accomplishments-annual-revenue-up-71\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Healthy Extracts Inc. Announces 2020 Year-End Accomplishments, Annual Revenue Up 71%&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-453657","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Healthy Extracts Inc. Announces 2020 Year-End Accomplishments, Annual Revenue Up 71% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/healthy-extracts-inc-announces-2020-year-end-accomplishments-annual-revenue-up-71\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Healthy Extracts Inc. Announces 2020 Year-End Accomplishments, Annual Revenue Up 71% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"LAS VEGAS, March 09, 2021 (GLOBE NEWSWIRE) &#8212; via InvestorWire \u2013 Healthy Extracts Inc. (OTCQB: HYEX) (the \u201cCompany\u201d), a leading developer and manufacturer of heart health, brain health and supplementary technologies, announces its year-end results for 2020 and a list of key accomplishments. The Company reported revenue increases of 71% to $1,276,559 for the 12 months ended Dec. 31, 2020, compared to revenues of $748,377 reported for the 12-month period ended Dec. 31, 2019, with a net shareholder equity increase of $3.7 million. The Company attributes the increases to the transition to its new business selling health nutrition products, seeing favorable results despite the effects of COVID. The Company also eliminated its convertible debt. \u201cI am extremely excited about 2021 &hellip; Continue reading &quot;Healthy Extracts Inc. 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The Company reported revenue increases of 71% to $1,276,559 for the 12 months ended Dec. 31, 2020, compared to revenues of $748,377 reported for the 12-month period ended Dec. 31, 2019, with a net shareholder equity increase of $3.7 million. The Company attributes the increases to the transition to its new business selling health nutrition products, seeing favorable results despite the effects of COVID. The Company also eliminated its convertible debt. \u201cI am extremely excited about 2021 &hellip; Continue reading \"Healthy Extracts Inc. 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