Traders News Source Senior Editor, Mark Roberts Interviews Charles Arnold, CEO Stemtech Corporation (OTCQB: STEK)
CHARLES ARNOLD Chief Executive Officer
Mr. Arnold’s ability to integrate marketing concepts and financial strategies play a pivotal role in the development of his clients’ businesses. In addition to developing start-up companies, he is responsible for placing more than $1 Billion into public companies with as much as $400 Million in a single transaction. Significant mergers and acquisitions have been accomplished through his network of financial specialists and professionals throughout the world. In 1993 Mr. Arnold was one of the original investors in pre-paid legal “PPD” (now Legal Shield). In 2001 he was engaged by Natural Health Trends “LEXXUS” the company grew from under $1.00 to over $40. Traded on the American stock exchange. Mr. Arnold feels that the direct sales marketing is an underserved market that deserves investors’ attention. Mr. Arnold believes that Stemtech has exceptional growth potential and sees this company’s bright future with our innovative stem cell nutrition products and the financial opportunity for our Independent Business Partners.
Over the years, Mr. Arnold has carefully developed worldwide relationships with retail brokerage firms, investment bankers, traders, fund managers, and independent investors. A broad scope of his functions includes public awareness and financial relations campaigns arranged to bring undervalued, little known public companies with significant upside potential to the center of equity markets throughout the world.
For over 35 years, Mr. Arnold traveled extensively serving as a guest speaker for many private and public affairs, including international investment conferences. The investor group’s Mr. Arnold consults have been able to participate in several profitable ventures. Mr. Arnold retired from the lecture circuit 1998. Mr. Arnold was the President and publisher of two financial publications from 1984-1998 (Personal Investing News) a paid circulation of over 500,000 subscribers and (The Sound Money Investor) a geo political Publication with an 80,000 paid circulation. In addition, Mr. Arnold was the host of 4-6 financial conferences a year (Sound Money Investor Conferences). Since 1998 he now concentrates on his primary business, he remains in high demand international as an author and lecturer at seminars on entrepreneurship and business economics and development.
Thank you giving us your time to answer our questions.
Could you give us a brief overview of STEK operations and revenue streams, including subsidiaries?
Stemtech was originally founded in 2005 and is operating under new management since 2018. Stemtech Corporation became a publicly traded company in August 2021 on the OTCQB market under “STEK”, with operations in subsidiary markets in the United Stated States, Canada, Mexico, Ecuador, Taiwan and Malaysia.
STEK has announced its intent to acquire Life Factor Research (LFR), a private company. When do you expect the acquisition to close?
We expect the acquisition to close within ninety (90) days or sooner.
Could you elaborate any synergistic aspects of the acquisition you may have already identified?
Stemtech and Life Factor will be a ‘hand-in-glove’ synergistic impact in that LFR will become the in-house research and development division of Stemtech. LFR will benefit from the existing distribution model of Stemtech plus development of other channels as appropriate and specific to the products developed.
LFR has several interesting conceptual products in development. Does STEK intend to continue the development of most of them and bring them to market, and what might that timeline look like?
Yes, this development will continue and be brought to market via the appropriate, to be determined, distribution channel. The first product is planned for Q4 2022 and beyond.
Can the products being developed at LFR be distributed through the existing marketing structure already in place at STEK?
Yes. Additional opportunities for distribution will be determined to leverage the R & D talent of LFR.
At what point, or when, will you advise investors of the financial details of the acquisition?
After more progress has been made in the due diligence process.
STEK revenues have remained steady over the past four quarters. What plans are in place that may ramp up sales of your existing product line, and has the IBP network grown in 2022?
Acquisition of LFR and their R & D capabilities will be the driving force for new product introductions. The first is planned for Q4 2022. The summer months are typically slower in the network marketing business. Stemtech launched a new marketing program in January 2022 which continues to promote and reach more people. Existing leaders are reaching out to other industry leaders who are disenchanted with their current companies, intending to invite them to join Stemtech. We are going live with the deployment of the VERB Technology mobile application being called “Stemtech Advance Office”, making this very powerful recruiting, ordering, training and live video streaming platform tool available to all existing Independent Business Partners (IBPs).
The Stemtech Life Sciences Advisory Board was joined by Professor Dr. Bankole A. Johnson, a world renowned expert in medicine, psychiatry and business.
Can you describe your future vision for your company?
Stemtech will make available again leading-edge technology products in the stem cell nutrition and beyond products which will be industry disrupters. In addition, Stemtech plans to open marketing and distribution channels in on-line and possibly brick and mortar sales. Further, there is a desire to also elevate the product offerings into a pharma-level availability. Stemtech will focus on expansion of the existing markets as well as international growth in new markets.
The Traders News Team
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