Stevia
Corp. President Discusses Expansion Plans.
Blankenbaker
Delivers First in Series of 3 Articles Detailing New Revenue Streams
INDIANAPOLIS,
IN--(Marketwired - Sep 10, 2013) - Stevia
Corp. (OTCQB:
STEV) ("Stevia Corp." or the "Company"), a farm
management company focused on the economic development of stevia, the
fastest growing product in the alternative sweetener sector, is
pleased to offer insights regarding key aspects of its planned
expansion plans.
Stevia Corp.
successfully completed the first phase of its commercialization
program achieving its targeted $3million revenue over the six month
period ended June 30, 2013. The company is now focused on
expanding its proven business model and aims to double production by
the spring of 2014.
George
Blankenbaker, Stevia Corp. President, comments, "Following
Stevia Corp's successful harvest during the spring of 2013, our
project was featured in the Vietnam Journal of Finance and a 1/2 hour
nationally televised program. This recognition provided
additional credibility and we are now being approached by
international companies to grow for them as well as discussing
potential joint ventures to operate processing factories in
Vietnam. We have completed test shipments to both South Korea
and Europe proving that we can meet international standards and we
are preparing to enter into long-term supply agreements with buyers
from both South Korea and the Netherlands."
Mr.
Blankenbaker further explains, "Because Stevia Corp's model has
proven to be a win-win for all parties and the farmers who
participated earned higher revenues, we have the full support of the
Vietnamese government and there is a waiting list of farmers who want
to participate in our program. This enables us to select the best
operators and maintain our high quality control standards as we
expand. These key factors provide the foundation and impetus for
us to rapidly expand our production to meet the growing demands of
international buyers."
Blankenbaker
concludes, "To successfully operate in a new market, it
generally takes a few years for a company to establish itself and
become well entrenched in the region while garnering the confidence
and support of all parties, including the local farm communities as
well as the local and national governments. But once achieved,
it creates a strong foundation for rapid development. Stevia
Corp has now attained this milestone and is preparing for the next
phase of rapid expansion."
Further
details of the Company's business, finances, appointments and
agreements can be found as part of the Company's continuous public
disclosure as a reporting issuer under the Securities Exchange Act of
1934 filed with the Securities and Exchange Commission's ("SEC")
EDGAR database. For more information visit: www.steviacorp.us.
Disclosure/Disclaimer:
Stevia is a client and we have been compensated by the company
and/or a third party for research/marketing/advertising services.
Please read the full
disclosure. Thanks
Stevia
Corp (STEV) Provides Profit Guidance
Company
Expects to Generate First Quarterly Profit in 2013
INDIANAPOLIS,
IN--(Marketwire - Dec 13, 2012) - Stevia
Corp.
(
OTCQB : STEV ) ("Stevia Corp" or the "Company"),
a farm management company focused on the economic development of
stevia, the fastest growing product in the alternative sweetener
sector, is pleased to announce the expansion of its commercialization
phase and first major crop harvest expected in Vietnam during first
quarter of 2013.
Stevia Corp expects
crop harvests in Vietnam to top 1,000 tons by March of 2013. Based on
its forecasted sales price and costs, the Company believes this will
produce more than $2 million of revenue and its first quarterly
profit. This follows the first revenue reported by the Company
this year of $112,517 for the quarter ended September 30, 2012.
George Blankenbaker,
Stevia Corp President, comments, "This will again signify
another major milestone achieved well ahead of schedule. This,
together with our joint venture operations in China launched last
quarter, will begin a solid foundation for the company to continue
scaling its business model and target significant revenue and profit
growth during calendar year 2013 provided we also achieve certain
capital requirements."
Mr. Blankenbaker also
added, "Now that we are well into our commercialization phase,
we also have plans to update our website and provide a picture
gallery and possibly a blog so that the public can more easily track
our developments and experience our growth with us. We are
excited about the rapid pace of developments and believe it is
important to involve our shareholders. We expect to complete the
first phase in January, so this is something that our investors can
also be looking forward to for the New Year."
Further details of the
Company's business, finances, appointments and agreements can be
found as part of the Company's continuous public disclosure as a
reporting issuer under the Securities Exchange Act of 1934 filed with
the Securities and Exchange Commission's ("SEC") EDGAR
database. For more information visit: www.steviacorp.us.
About Stevia
Corp. (
OTCQB : STEV )
Stevia Corp. is a farm management company focused
on best practice agronomic competency in order to deliver high-value
stevia through proprietary plant breeding, excellent agricultural
methodologies and innovative post-harvest techniques. To date, the
Company has acquired two grower supply contracts and three nursery
fields in Vietnam. For more information visit: www.steviacorp.us.
About the
Stevia Industry SectorWithin
two years of the USA market opening, Nielsen-based retail consumption
data indicated almost $1 billion of retail sales for the sector. In
2010, stevia products were launched across thirty-five countries and
in 38 categories. Zenith International estimates worldwide sales of
stevia extract reached 3,500 tons in 2010 with an overall market
value of $285 million and forecasts the global market for stevia will
reach 11,000 tons by 2014 requiring the tripling of stevia leaf
production at the farm level to keep pace with consumer demand. For
more information visit: www.steviacorp.us.
