Glucose Health Inc (OTC:GLUC) Stock Soars 55%: Surges 260% In a Week

Considering the announcement from Glucose Health Inc (OTC:GLUC) last Friday it is quite likely the stock would be in strong focus among investors this morning. On December 8 the company revealed that its new product, the innovative prebiotic soluble fiber infused drink mixes FIBER UP, had a successful launch on Amazon during the month of November 2023.

The company revealed that during the first month on Amazon the brand had managed to garner significant sales success. It sold hundreds of units and went on to earn positive feedback from customers for its taste as well as fiber functionality. It was a significant new announcement from Glucose Health regarding the product.

In this regard, it ought to be noted that the launch of FIBER UP was the second successful launch of a prebiotic soluble fiber drink mix brand on the e-commerce platform Amazon. In 2018 the company had successfully launched the product GLUCODOWN, a fiber drink mix meant for maintaining healthy glucose levels. Glucose Health noted that one of the encouraging signs was that the sales generated by FIBER UP in November 2023 had been higher than the sales generated by GLUCODOWN at the time of its launch.  

The FIBER UP product had been initially made available in two main flavors, ‘Strawberry’ and ‘Very Berry Tea’. Each flavor is meant for providing the consumers with an easy and tasty way of keeping up their fiber intake on a daily basis.

The company noted that it was committed to the growth of the brand and to that end it had managed to secure a fifth round of working capital from its core investors. Since the fiscal year 2019, the company had been successful in the raising of fresh capital through the issuance of convertible preferred shares. It could be a good time to add the stock to your watch lists.