TQLB provides investors the ability to take part in the major benefits of the sport nutrition industry that is recession-proof. The nutrient supplements sector has a clear consolidation and financial growth trend. The company production strategy has grown from the idea of a food company to include a wide variety of dietary supplement businesses with high profitability. Owing to the need for better nutritional value in daily diets, the global market for food supplements has been growing at a high CAGR around the world. Many dietary supplements are intended to minimize the risk of chronic illness, while others are designed to boost nutritional benefit. Those that serve as nutritional supplements for sporting activities have been on high demand due to the universal acceptance of sport lovers and the hectic lifestyle of sportspersons. With customers worldwide becoming more conscious of the benefits of nutritional supplements coupled with their increasing disposable income, they tend to demand more of our products thus allowing our company to gain traction. The broad customer base and the number of sports people in the USA and across the globe offer lucrative opportunities for the dietary supplement industry with North America projected to have the largest share of the market. Asia, Europe and the United States have recently emerged as leaders in the nutritional supplement market with the global demand for nutrition supplements projected to increase by 6.85% CAGR and hit approximately 158.5 billion dollars by 2025.
CATALYSTS INCLUDE:
- Strong Revenue Growth: Guidance for >$5.5 million in sales in 2021 at a healthy 30-40% targeted gross margin profile through use of contract manufacturers
- Robust Distribution Footprint: Torque products are sold in 700 tier-1 stores such as GNC with an additional 150 store placements expected in the near-term
- Influencer Marketing Platform: Driving aggressive growth leveraging both ‘big name’ brand ambassadors as well as hyper-engaging fitness micro-influencers
- Building a Platform Company: Seeking near-term accretive acquisitions of attractive supplement brands and vertical integration opportunities
- Planned OTCQB Uplisting: Planning to complete an audit in anticipation of filing a Form 10 and transition to an OTCQB listed fully reporting company
Zero Torque Receives $4 Million Purchase Order from GNC Partner and Leading Supplements Brand GLAXON
WHEAT RIDGE, CO, Dec. 01, 2021 (GLOBE NEWSWIRE) — Torque Lifestyle Brands Inc. (OTC Pink: TQLB) (“Torque” or the “Company”), an emerging leader in the active lifestyle sports nutrition and supplements marketplace, is excited to announce that rapidly growing supplements brand GLAXON (www.glaxon.com) has placed a $4 million purchase order with Zero Torque Manufacturing LLC (“Zero Torque”), Torque’s majority-owned Joint Venture.
GLAXON is one of the fastest growing and most innovative brands in the active nutrition space. That growth has been driven by disruptive thought-provoking branding, product education, and transparent supplements that provide lifestyle solutions. GLAXON products have already received multiple industry awards in less than two years since launch.
Zero Torque Manufacturing is the lead manufacturer for GLAXON products. GLAXON has given Zero Torque an initial purchase order to produce and deliver $4 million of GLAXON branded supplement products over the next six (6) months, with the final delivery associated with this order scheduled for May 2022.
This purchase order follows the recent announcement of a partnership between GLAXON and GNC, one of the world’s largest global health and wellness brands. According to related communications, GLAXON will work with GNC to accelerate speed to market of its cutting-edge nutrition solutions and service the health and wellness goals of millions of consumers nationwide.
“This order gets the ball rolling on what we believe will be an enormously lucrative relationship, driving a series of major orders as GLAXON products take the world by storm,” remarked Leonard K. Armenta Jr, President of Torque Lifestyle Brands. “GLAXON is the most disruptive new brand in the space. GNC is an industry powerhouse with the ability to drive mass distribution of GLAXON products at scale, and this puts Zero Torque in place as the exclusive manufacturer tied to that equation.”
Torque Lifestyle Brands JV Expands Production Space with Brand New 20k sq ft Facility on back of $4m Purchase Order
WHEAT RIDGE, CO, Dec. 16, 2021 (GLOBE NEWSWIRE) — Torque Lifestyle Brands Inc. (OTC Pink: TQLB) (“Torque” or the “Company”), an emerging leader in the manufacture of active lifestyle sports nutrition and supplements, is excited to announce it has opened its new Texas manufacturing facility.
Commenting on the development, Chief Operating Officer, Michael Bischoff stated that “the new production facility will have new sachet packing equipment which can service 20,000 packs and stick packs per day early 2022 as well as having a new dual-head powder filling line which will give the facility the capability to fill 10,000 units of product for per day once they come online.” He continued, “outside of the ‘powders’ we are already filling orders for, we have the new ‘capsule’ or ‘pill’ machines which will count and fill 15,000 units per day when we start that line up in the latter half of 2022. Zero Torque is shaping up to be a monster producer of pills and powders for the nutritional supplements industry.”
Glaxon is a brand that really made some headway during the year of 2020. Not only did the brand make a huge impact during the year, they made an impact under some not so perfect circumstances.
Really, by now you should all know about Glaxon, if you follow us that is. Be ready to hear a lot more from them, because while 2020 was already a great and busy year for them, word on the street is that they have no intentions of stopping. So here is our spotlight, and get ready for more from them.
Why They Won Breakout Brand of the Year
While there were many great brands that really broke out in 2020, we have to admit, Glaxon was the clear winner. Maybe not by a mile, but by a good margin to put it lightly. Not only did they come with cool looking products and funny comics, they also made some noise with how effective their products are.
While there are a few other brands that grew immensely during 2020, Glaxon seemed to get more attention by simply being different. No big name bodybuilder signed, no basic formulas, no product, not even a protein powder. They simply come out with cool products with some awesome formulas. They will certainly be a brand to watch out for not just in 2Zero Torque Manufacturing LLC curreave huge market pull. Glaxon was recently picked up by GNC as part of a new GNC partnership and Storm is launching in January and ramping up production of the Storm ‘Focus’ and ‘Pre-Workout’ products to accommodate for inventory requirements will begin in the coming days and weeks. Outside of those two initial partners, Zero Torque will be opening up capacity throughout 2022 to further brands requiring significant inventory production and expects to carve out a niche for itself, especially during COVID, by ensuring it has raw material inventory sufficient to run continuous operations and fill very large orders very fast.
The manufacturing facility, which occupies 20k sq foot near critical infrastructure in Austin, TX and is being setup so as to support existing orders and operations and will not only fulfil the $4m orders already received from Glaxon, but also fulfil orders expected over the coming weeks from American Metabolix Inc’s “Storm Lifestyles”.
The Company divested of its American Metabolix, Inc. subsidiary in August 2021, including Storm, and that brought in $500,000 of non-dilutive cash onto the balance sheet upon closing.ntly supports the production of both Glaxon (www.glaxon.com) for GNC and Storm Lifestyles (www.stormlifestyles.com) both of which are brands that will h
Torque recently announced that Zero Torque, the company’s majority owned JV subsidiary, had secured a $4m purchase order from GNC Partner ‘Glaxon’ (www.glaxon.com) as well as Torque already showing invoiced revenues on its P&L in excess of $1m. GLAXON is one of the fastest growing and most innovative brands in the active nutrition space. That growth has been driven by disruptive thought-provoking branding, product education, and transparent supplements that provide lifestyle solutions. GLAXON products have already received multiple industry awards in less than two years since launch and will now be manufactured at the Zero Torque Facility in Texas.
Torque Lifestyle Brands on Pace for $5.5 Million in 2021 Booked Sales on Strong Performance of JV “Zero Torque Manufacturing”
WHEAT RIDGE, CO, Dec. 13, 2021 (GLOBE NEWSWIRE) — Torque Lifestyle Brands Inc. (OTC Pink: TQLB) (“Torque” or the “Company”), an emerging leader in the manufacture of active lifestyle sports nutrition and supplements, is pleased to provide an update of the Company’s performance in 2021.
“We have achieved clear traction with our recent joint venture ‘Zero Torque Manufacturing LLC’, and we wanted to update shareholders as we continue to build on that momentum,” noted David Lovatt, CEO of Torque. “In our first two months of operations since completing this deal, we have seen not only significant purchase orders, but also impressive revenue being generated from operations throughout 2021.”
Since closing on the JV with Zero Day Nutrition, Zero Torque has completed three months of operations under the new structure, has received orders in excess of $5m and so far in 2021 has revenues well in excess of $1m. It recently divested of its American Metabolix, Inc. subsidiary and that brought in $500,000 of non-dilutive cash onto the balance sheet upon closing. Purchase orders are invoiced as end product leaves the production line at Zero Torque.
Torque recently announced that Zero Torque, the company’s majority owned JV subsidiary, had secured a $4m purchase order from GNC Partner ‘Glaxon’ (www.glaxon.com). GLAXON is one of the fastest growing and most innovative brands in the active nutrition space. That growth has been driven by disruptive thought-provoking branding, product education, and transparent supplements that provide lifestyle solutions. GLAXON products have already received multiple industry awards in less than two years since launch and will now be manufactured at the Zero Torque Facility in Texas.
