Stemtech Corporation (OTCQB:STEK), a US-based company announced this past Tuesday its planned merger (“Merger”) with Seacret Direct, LLC (“VIÁGO”) and now announces a proposal for a Reverse Takeover (RTO) of Eevia Health Plc (“Eevia”), a Finnish producer of bioactive organic Arctic plant extracts and nutraceuticals and has its common stock listed on the Swedish Spotlight Stock Market under the symbol “EEVIA”.
This strategic RTO marks a major milestone in the evolution of the combined companies, intending to create a vertically integrated health, wellness, and lifestyle entity that manufactures its own products and is positioned for significant growth in the global marketplace.
Reverse Takeover Structure and Valuation:
Under the proposed RTO, Eevia will acquire the assets and assume the liabilities of Stemtech and, upon completion of the Merger, VIÁGO by Eevia issuing new shares, resulting in Stemtech owning approximately 85% of Eevia, with the remaining 15% of the Eevia shares owned by its existing shareholders. The final valuation, share issuance, and terms are subject to conditions, including the negotiation of the definitive agreements, a third -party valuation, and the completion of the due diligence process.
Synergies and Strategic Rationale:
Stemtech and VIÁGO have identified Eevia’s advanced production facility in Kauhajoki, Finland, as a planned significant resource
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Seacret Direct (VIAGO) and Stemtech Merge
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Stemtech Corporation (OTCQB:STEK) and Seacret Direct, LLC (doing business as VIÁGO) are pleased to announce they have reached an agreement in principle to merge their businesses. This merger represents a transformative step forward for both organizations, aiming to drive significant growth and enhance shareholder value.
Charles S. Arnold, CEO and Chairman of Stemtech, stated,
“This union positions us for accelerated growth and brings substantial value to our shareholders. Together, we are building a stronger future for our combined companies and their subsidiaries.”
Upon finalization of the merger,
Charles S. Arnold will continue as Chairman of the holding company,
VIÁGO’s Izhak Ben Shabat will assume the role of Chief Executive Officer.
The executive leadership team will be further led by Eddie Head (from VIÁGO) as President and Chief Strategy Officer and
John W. Meyer (from Stemtech) as President and Chief Operating Officer.
Arnold further commented,
“The merger creates an exciting future for VIÁGO and Stemtech, uniting our strengths and offering greater opportunities for our members, customers, and affiliates. This is a partnership rooted in mutual growth and shared vision.”
VIÁGO CEO Izhak Ben Shabat added,
“This unites two well-established companies in a public forum, maximizing value for stakeholders-customers, affiliates, and shareholders alike. It also empowers the community to share in the company’s
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Velovita® Acquires Assets of Jeunesse® Global
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Velovita®, a leader in revolutionary biohacking wellness solutions known for its vibrant “Snap” products, has recently acquired certain assets of Jeunesse® Global, a respected leader in the network marketing industry. Both companies have achieved remarkable success worldwide, building an impressive level of global brand awareness.
This acquisition symbolizes a pivotal moment for Velovita®, enhancing its mission to create new opportunities and drive global growth and enabling the company to further its commitment to promoting a healthy lifestyle through innovative biohacking wellness solutions worldwide.
What’s next for Velovita® and Jeunesse®?
“We are thrilled to welcome the Jeunesse® team to our network and to further our mission of delivering top-quality, cutting-edge, and impactful wellness solutions globally.
My life’s purpose has always been and continues to be to give back and open doors for people from all walks of life to reach greater levels of success. We have BIG plans in the works. Stay tuned for what’s coming next!”
Stated Kosta Gara.
CEO Kosta Gara, drawing on his extensive 31+ years of industry experience, meticulously crafted a personalized direct-selling ecosystem that provides a seamless platform for Distributors to cultivate and expand their businesses. Velovita’s in-house team of experts, spanning logistics, marketing, and engineering, is dedicated to spearheading revolutionary
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Amare Global Ranked As Triple AAA+ Opportunity For 2024 And 2025
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Amare Global charted a remarkable path in 2023 and 2024. David C. Chung acquired Amare Global in December 2022. These developments form part of change in the company’s structure and are aimed at enhancing its market standing.
Chung is the founder and CEO of iLABS US and iLABS South Korea, state-of-the-art beauty innovation centers that offer R&D, turnkey product development, and exceptional finished goods to independent and leading beauty brands, and Morae Packaging, which offers quality glass, plastic, and sustainable packaging solutions for skincare, cosmetics, and fragrance.
David Chung stated:
“I acquired Amare Global to leave a positive legacy in this world. I see a unique opportunity to bring much-needed solutions that transform mental wellness, and Amare Global is leading this movement.”
In one of his first steps, Chung announced a leadership change with the appointment of Asma Ishaq as Chief Executive Officer, coming from an other midsize Network Marketing company. This strategic change is expected to bring fresh insights and direction to the company’s operations.
Chung stated:
“Asma is a high-achieving leader and visionary innovator. Her entrepreneurial spirit and reputable team-building skills closely align with my vision to transform the growing mental wellness category,”
This article is written by Team Business For Home and is fact
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GOVVI Announces Exciting Acquisition of Alcacor Networks
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GOVVI, a leading global e-commerce company, is thrilled to announce its acquisition of Alcacor Networks, a dynamic force in the tech industry.
This acquisition marks a significant milestone for both companies, bringing together a wealth of talent, innovation, and shared vision for the future.
Uniting Talents and Strengths
In a statement about the acquisition, Lance Conrad, CEO of GOVVI, expressed his enthusiasm:
“We are incredibly excited to welcome the talented team from Alcacor Networks into the GOVVI family. Their expertise and leadership will undoubtedly provide a significant boost to our combined business, and we look forward to achieving great things together.”
This acquisition is more than just a business deal; it’s a union of two innovative companies poised to redefine the e-commerce landscape. Burke Green, President of GOVVI, shared his thoughts:
“The acquisition of Alcacor Networks allows us to enhance our technological capabilities and expand our offerings. Alcaro’s team will benefit from access to GOVVI’s world-class product line and one of the industry’s best compensation plans, enabling them to grow their businesses alongside us.”
Magnus Larsson and Christine Ye, Founders of Alcacor Networks, also expressed their excitement:
“At Alcacor Networks, we are thrilled to join forces with the incredible company GOVVI. Our constant pursuit of the best
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American Giant Jeunesse Global Is Now Part Of The Greenway Global family
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Greenway Global continues its successful worldwide expansion and is recognized as a key player into the MLM industry.
Combining power and influence will allow to consolidate the leading positions in the network industry of those two largest networking companies, accelerate growth, and open new opportunities for partners and clients.
This strategic partnership is the first example of such a large-scale alliance of giants in the market of the entire networking industry. Jeunesse Global is included in all ratings of network companies and operates in more than 100 countries. Greenway Global is a leader in growth in the network marketing business. Both companies have very strong position all over the world.
The main objective of this partnership is to strengthen each other, share best practices and experience, and open new opportunities for partners and customers. Greenway Global and Jeunesse Global together will guarantee a high level of ethics, security and stability to partners and clients all over the world Both companies will continue to work independently while combining their best practices and resources.
“Our goal to reach 1 billion dollars in yearly sales has never been so close”,
stated Leonid Morgunov, Founder & President of Greenway Global.
About Greenway Global
Greenway Global, a green MLM company, has
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Prüvit Founders Buy Back The Company
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Prüvit sales topped $598 Million in 2021, since then sales have been in a steady decline according to the Business For Home data for Prüvit.
In a significant move marking a new chapter for Prüvit, the original founders, Brian Underwood, Chris Harding, and Terry LaCore, have approved the reacquisition of the company.
This strategic decision underscores their commitment to Prüvit’s foundational principles and its continued growth and success in the industry.
“We are thrilled to announce that we are bringing Prüvit back to its roots,” said Brian Underwood, one of the original founders.
“This reacquisition is not just a business decision but a step towards honoring the legacy that Prüvit has created and ensuring its continued impact in the future.”
The reacquisition aims to refocus on the core values and fundamentals that have been instrumental in Prüvit’s journey so far. The founders believe that this move will strengthen the company’s market position and enhance its ability to innovate and deliver value to its customers.
Prüvit will continue to be supported by the LaCore ecosystem, bringing with it capabilities, expertise, and capital to grow Prüvit to its full potential.
“Returning to the fundamentals is key to our future strategy,” stated Chris Harding, co-founder.
“Prüvit has always been
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Zinzino Acquires Zurvita, Letter Of Intent Signed
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Zinzino, has today signed a letter of intent with the shareholders of the North American direct selling company Zurvita Inc.
“Zurvita or the Company” to acquire 100% of the shares in the Company. This is another strategically important step in Zinzino’s growth plans focused on improving personal health and wellness on a global scale with innovative biotechnology and a groundbreaking product portfolio marketed through direct sales.
Zurvita is a direct selling health company with operations in the United States, Canada and Mexico. The brand portfolio offers a range of innovative health and wellness products,
The business has total annual sales of approximately USD 30 million with good gross margins. The collaboration with Zinzino is expected to add growth through the synergies that arise in the joint networks, combined with Zinzino’s test-based product concept.
The profitability of the Company will thus be able to develop well by utilizing Zinzino’s existing technical platform and organization.
According to the letter of intent, Zinzino will pay a fixed debt-regulated purchase price of USD 16.5 million at closing, of which USD 5 million is in newly issued Zinzino shares.
In addition, up to USD 0.5 million in earn-outs will be paid based on future sales development. Zinzino is financing the acquisition
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Zinzino Acquires European Based Xeliss
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Zinzino acquires assets in Xeliss – strategic reinforcement in southern Europe and in the microalgae spirulina.
Zinzino, the global health and wellness brand from Scandinavia, has acquired, through a business asset acquisition, the rights to the distributor database and associated customer register, inventory, and intellectual property of the Luxembourg-based direct sales company Xellis.
This is a further strategically important step in Zinzino’s growth plans, focusing on improving personal health and well-being on a global level with innovative biotechnology and a groundbreaking product portfolio marketed through direct sales. Xelliss is a global direct sales company based in Luxembourg. Its brand portfolio offers a range of natural and innovative products in wellness, nutrition, and cosmetics, based on the microalgae spirulina produced in-house.
A visionary mindset, a tech-first approach, test-based nutrition at the cellular level, and a strong position to take advantage of current trends will shape the foundation of the partnership with Xellis.
Since the acquisition of VMA Life in 2020
Enhanzz in 2022
And the strategic cooperation with ACN at the start of 2024
Zinzino has been looking for additional powerful investments to maintain its sustainable, profitable growth, strengthen its distribution power, expand into new markets, and utilize its product portfolio in new consumer areas.
“Individual advising and customized
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SAVVI Joins Forces With MyDailyChoice
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SAVVI joins forces with MyDailyChoice, the first ever alliance of its kind in the industry. SAVVI is an industry leader that sells premium activewear apparel, advanced skincare, and wellness products.
SAVVI’s mission is to empower individual to reach their fullest potential and they have an impressive track record of over $100 million in sales its first 4 years with over 100,000+ customers.
MyDailyChoice’s newly launched marketplace has led to so many exciting collaborations with high quality brands like SAVVI. Bringing to market hundreds of products spanning various categories, a lucrative compensation plan, and cutting-edge technology, MDC sets the stage for the future of MLM collaborations.
As of March 4th, 2024, SAVVI enters the MDC Marketplace as the exclusive activewear apparel brand. SAVVI Affiliates can not only continue to purchase their favorite products from SAVVI, but they now have access to hundreds of new products and even digital products that can be marketed in 200+ countries.
“We have long believed in the power of co-creation and hold collaboration as one of our personal core values. Upon meeting Josh and seeing our shared goals and visions, we found it impossible to stay apart.
Alignment was a natural and exciting decision for us. We are coming together