Aug 12, 2020 12:00 PM ET
iCrowd Newswire – Aug 12, 2020
Fresno, Ca. August 11, 2020 – Mealthy Inc., a recently acquired wholly owned subsidiary of MVP Holdings Inc. just reached a monthly record revenue in the company’s short history. Mealthy Inc. finished July 2020 by hitting a record in monthly revenue mark of $2.3 million in sales. Mealthy is already on pace for the month of August to surpass that monthly record mark. Mealthy Inc sales for 2020 got off to a slow start due to the current world pandemic and its effect on the global supply chain. But the new ownership has brought with it a focus on customer service and operational efficiencies that were not apparent with previous ownership. Mealthy Inc is on pace to surpass $15M in sales for 2020.
Mealthy Chief Executive Officer, Casey Musick stated that “a renewed focus on providing value to our customers starts with making sure that we have the appropriate amount of inventory on hand so that when our customers are ready to purchase a Mealthy product they have numerous location options to choose from to buy them from.” Mealthy has made great strides in the 40 days since the acquisition by MVP Holdings Inc was completed. With international distributors set up for South Africa, India, Canada, UK, Mexico and Australia along with agreements being completed weekly that will include, Singapore, Malaysia, Dubai amongst others, the future is extremely bright at Mealthy. “Our mission at Mealthy is to inspire the world to come cook with us, with a focus on providing unparalleled value to our customers, by creating a company built on product and powered by people.”
ABOUT MVP HOLDINGS INC.
MVP Holdings Inc. operates in Fresno, Ca. in multiple industries including real estate, consumer goods, consumer services and web-based services. The immediate focus for the Company is to capitalize on the opportunities coming available over the next 18 months in acquisition of real estate holdings in both multi and single family residential as well as looking at multiple acquisitions of various consumer goods and service brands. Due to the current economic atmosphere across the globe, various opportunities will present themselves and MVP Holdings will look to capitalize on those opportunities to diversify its operations and holdings.
Please continue to look for new filings and press releases as we continue to work towards getting agreements signed and getting current with OTC and as we continue to grow the business and announce new launches and partnerships.
MVPT holds no convertible debt, will not engage in a reverse split, and has no plans for dilution.
Forward-Looking Information: The forward-looking information contained in this press release represents the expectations of the company as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While the company may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable securities legislation.
Investor Contact: Casey Musick – CEO/President
Email: [email protected]
Keywords: Mealthy, MVPT, Small, Kitchen, Appliances, Revenue, Record