Company: Solarvest Bioenergy Inc.
Listing : TSX Venture,Frankfurt
Ticker: SVS.V , 0ZJ:FRA
Market cap at time of publication: $9,96MCAD
Stock price at time of publication: $0.18 CAD
Business: Patented plant based pharmaceuticals from algaes and Clean Energy Hydrogen production
Comparable peers: Else Nutrition market cap : 306 MCAD
Website:http://www.solarvest.ca/ and for the omega 3 products: https://eversea.ca/
Vancouver, B.C. – TheNewswire – October 6th, 2021– Solarvest BioEnergy Inc. (“Solarvest”, or the “Company”) (TSXV:SVS), is pleased to report, that through its wholly owned subsidiary Eversea, the launch of a Chinese social media promotion program and the development of a line of products for distribution in the USA and through OrgHive in China. The products include the company’s proprietary organically produced and FDA NDI #861 approved Omega-3 as the foundation for the entire range of products. The four new blended powder products are Daily Omega, Stamina, Recovery and Vision. All are formulated to supplement the essential daily Omega-3 requirement with added functional organic ingredients. For example, Stamina includes ingredients that are known to dilate blood vessels, an effect that can lower blood pressure and increase exercise time to task failure. Recovery includes ingredients that, in addition to Omega-3, are known to reduce inflammation. The company will also launch its children’s organically certified dried fruit gummy in China. These products are ideal for the approximate 300 million Chinese middle-class consumers who are driven to imported and organically certified products. These products assuage their concerns about locally produced products and food due to soil contamination and overuse of agriculture chemicals.
Orghive uses Blockchain technology to give customers conformation that the certification “organic” have actually been approved by regulators – not counterfeit. In China, the misuse of the qualifying term “organic” has made consumers wary of the classification. This technology will allow them to purchase organic products with instant mobile verification knowing they have been properly approved by reputable organic certifiers. In North America some of the largest platforms do not protect consumers from any company using “organic” as their search terms for their Omega-3 products. The OrgHive platform goes a long way to correct this confidence deficit through blockchain technology for its customers.
Solarvest is conducting a series of strategic partnership and we think it’s very encouraging to see that they are working on their own product line as well with larger clients for bulk orders. We have previously written comments about the HIVE partnership which can be found here.
We are eager to hear more from the company on what they think this partnership can bring in the form of revenues . The potential is clearly massive. A quick calculation by ESGFIRE shows that if Solarvest attracts ONLY 0.1 % of the customer base (23000 customers buying 12 bottles a year at 20 USD per bottle) could equal 5.5 million USD in annual sales.
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