Hello Members and Readers,
You all remember last Tuesday’s +265% multi-day trading winner. (From our alert price of $0.49) We plan on continuing in the plus for July, we want to bring your attention to PSNX.
PSNX is no stranger to huge climbs. The stock currently sits about half way below its 50-Day Moving Average. We could see a 50% climb towards it’s 30-day high or beyond.
Pure Snax International, Inc. or PSNX manufactures and sells healthy snacks and foods in the United States and internationally. Its products include popcorn, candied popcorn, marshmallow squares, jams, ketchups and sauces, hemp and hemp related products, protein bars, mints, gums, and various condiments, as well as Wow its Not Sugar! Xylitol, a natural sweetener. The company was formerly known as B-Maven, Inc. and changed its name to Pure Snax International, Inc. in July 2015.
PSNX recently reported delivery of a product shipment with the largest distributor of vitamins, supplements, personal care items and sports nutrition in North America. Currently, the distributor offers select PSNX products for sale to its network of over 7,000 retailers across North America.
"We are very pleased to have achieved another milestone after we fulfilled and delivered on the first purchase orders for Wow! Rice Delites," commented Pat Gosselin, President of PureSnax. "With the completion of these initial purchase orders, we are setting the stage for a gradual roll out into several stores throughout the country. PureSnax is now in a position to continue fulfilling outstanding orders for all their customers.”
Wow! Rice Delites are a healthy snack alternative that delivers great taste. They are sugar free, gluten free, nut and peanut free, gelatin free, low in fat, and low in sodium.
More on that press release here.
http://finance.yahoo.com/news/puresnax-international-fulfills-initial-purchase-130000911.html
Just last month PSNX was at the 2-day 2016 United Natural Foods, Inc. convention exhibiting their product line. United Natural Foods, Inc. carries and distributes more than 85,000 products to more than 40,000 customer locations throughout the United States and Canada.
"The annual UNFI Portland Table Top Show is an important trade-only event for us because it's specifically targeted to buyers from both UNFI and Select Nutrition's customer lineups. These buyers are actively looking to find new and innovative products to offer their customers," commented Pat Gosselin, President of PureSnax. "We look forward to meeting face-to-face for the first time with many of these potential new buyers and introducing them to our delicious healthy snacks lineup, including several flavors of our tasty WOW Rice Delites.”
More on that press release here.
http://finance.yahoo.com/news/puresnax-showcase-product-lineup-west-130000312.html
BUSINESS SUMMARY
(PSNX - Pure Snax International, Inc.)
http://www.puresnax.com
Pure Snax International is a wellness brand focused on bringing healthy snacks and foods to consumers. PSI offers a wide assortment of sugar free, peanut free, Kosher, low fat, low sodium and Non GMO certified products. With the tough new nutritional standards being rolled out through schools in the United States, we are poised to capitalize on these regulations by offering good for you, functional foods and snacks that meet these new regulatory standards.
Pure Snax International, Inc. manufactures and sells healthy snacks and foods in the United States and internationally. Its products include popcorn, candied popcorn, marshmallow squares, jams, ketchups and sauces, hemp and hemp related products, protein bars, mints, gums, and various condiments, as well as Wow its Not Sugar! Xylitol, a natural sweetener. The company was formerly known as B-Maven, Inc. and changed its name to Pure Snax International, Inc. in July 2015. Pure Snax International, Inc. was founded in 2011 and is based in Woodbridge, New Jersey.
MARKET OUTLOOK
According to a report conducted by HexaResearch, the functional food market is estimated to reach about $3 billion by 2020. The major driving factor of the market is augmented chronic diseases, like diabetes, rickets, obesity and high blood pressure.
Functional foods have multiple benefits. This, coupled with their cheap price and abundant availability has convinced consumers to opt out of normally available groceries and stick to functional foods. Functional foods are a feasible option for battling nutritional deficiencies and satisfying the demands of consumers. The functional food market is divided into two segments. These include foods and regions.
The market provides foods according to the health benefits to different parts of the body. Some of these body parts are gut, bones and immunity and nutrition pertinent organs. Functional foods offer proteins, vitamins, minerals, phytochemicals, hydrocolloid, fatty acids, carotenoids, omega 3 and 6 fatty acids, essential oils, etc. They provide nutrition for effective metabolism and normal functioning of the body.
The functional food market is also sliced on the basis of regions into North America, Europe, Asia-Pacific (APAC), Latin America and Rest of the World (RoW). North America remains the largest buyer in the world. The United States of America is the largest consumer of this region, accounting for more than 75% of its consumption. Enhanced demand for functional foods in North America contributes a major portion in the worldwide income.
Japan has an already existing functional food market. The developing economies of China, Australia and India in the APAC region are estimated to hold great potential for growth in 2020. The minimal presence of functional foods in Europe owes to strict health regulations in the region. The region demands scientific evidence to back up any health claims made by functional food products.
Inability of these products in doing the same restricts the flow of the European functional food market. However, Italy and France in Europe; and Brazil in Latin America display bright futures. Countries in the Gulf Cooperation Council (GCC) of the RoW region have showed growing interest in the functional food market.
This is owing to multiple health concerns, boosting chronic illnesses and escalating novel food products in the region. Saudi Arabia has the biggest market size and is followed by the United Arab Emirates (UAE), Kuwait, Qatar and Bahrain.
Read more on that report here:
http://www.cbs8.com/story/32220292/functional-food-market-is-estimated-to-reach-about-usd-3-billion-by-2020-market-research-report-by-hexa-research
There you have it folks, get started on your research now! Always remember to use sound money management and trading discipline when investing in any of the exchanges. Never risk more than you can afford to lose and always book a profit when you can.
