PHNOM PENH, Cambodia--()--Stevia Nutra Corporation (OTCQB: STNT)– (The Company), an Agro-Management company focused on stevia agronomics, is pleased to report that independent test results on its stevia leaf has confirmed a high level of Reb ‘A’ and total steviol glycosides (TSG).
“Management will now move forward with its plans to secure and develop additional acreage and ramp up production to meet increasing global demand.”
Stevia Nutra Corp. is very pleased to inform that stevia leaf samples from its initial harvest have been tested at the Institute of Botany, a division of The Chinese Academy of Sciences in Beijing, with test results yielding very high levels of Reb ‘A’ and TSG. This represents the first testing of the Company’s leaf since its Stevia Propagation Center (SPC), located in Kampong Speu Province, Cambodia, was established in 2012. These positive results validate the Company's plan to drive revenue streams through rapid expansion and production of high quality stevia leaves to satisfy growing demand.
Stevia Nutra’s Chief Agronomist, Dr. Ahmed El Sheikh, noted that, “Cultivation conditions in Cambodia combined with our choice of seed variety and the protocols we initiated have proven to be very effective. With this confirmation of leaf quality we can continue our planned plantation expansion with confidence.”
“I am extremely encouraged with this test result,” noted Stevia Nutra’s President, Brian Dicks. “The combined efforts of Dr. El Sheikh and his team on the ground in Cambodia along with our local partner, Ecologica Co. Ltd., have resulted in our establishing a high grade, commercially viable, stevia plant.” Dicks went on to say, “Management will now move forward with its plans to secure and develop additional acreage and ramp up production to meet increasing global demand.”
Dr. Hilary Rodrigues, CEO, commented, “This is indeed excellent news. With confirmation of our high quality leaf we can expect a high value harvest. With demand rising and approval of stevia for use as an ingredient in more and more food and beverage products expanding, Stevia Nutra is positioning itself to carve out a piece of the over $50 billion sweetener market as a significant producer in the stevia sector.”
Stevia Nutra is an Agro-Management company focused on stevia agronomics which includes plant breeding, proprietary agricultural practices and post-harvest techniques. Stevia Nutra intends to invest heavily in R&D and IP acquisition and manage large-scale plantations for the production of high value stevia products.
Stevia Nutra is dedicated to utilizing best agronomic and business practices to demonstrate the sustainability and profitability of stevia production. By subscribing to, and implementing the performance standards published by the World Bank, Stevia Nutra is committed to becoming the premier producer of the highest quality stevia. Stevia Nutra recognizes the potential this remarkable plant has to reduce the global epidemic of obesity and diabetes and promote general good health. The Company's priority will be to embrace sustainability for smarter innovation and profitable growth.
Stevia and the stevia sector:
Stevia is the world’s only all natural zero calorie sweetener. Since being approved by the United States Food and Drug Administration late in 2008, stevia can now be found in over 6,000 food, beverage and medicine products, with many more new products to follow as globally consumers are making healthier food choices.
Stevia is the fastest growing sweetener product in the world. The World Health Organization estimates that stevia will replace up to 20% of the global sweetener market valued at over $10 Billion USD. Zenith International expects that stevia agriculture production will have to triple within two years to keep up with the strong demand. Only one year after FDA approval in the U.S., stevia sales surged past both aspartame and saccharin in the tabletop sugar market.
Safe Harbor Statement
Some statements in this news release contain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, but are not limited to, statements with respect to the ability of the Company to become the world’s largest producer of the highest quality stevia. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the timing and completion of contemplated financings, the actual use of proceeds, receipt of regulatory approvals and the ability to secure sufficient land for cultivation. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the assumptions that: (1) the proposed corporate development and expansion plans will proceed as planned; (2) market fundamentals will result in sustained commodities pricing and (3) any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements. These risks and uncertainties include those relating to: lack of operating history, transitioning from a development company to an operating company, market acceptance of our products and services; operational difficulties relating to international operations; our ability to form and maintain mutually beneficial relationships with customers and strategic partners; changes in economic, political or regulatory conditions or other trends affecting the food sector, and our ability to attract and retain qualified personnel. Further information about these matters can be found in our Securities and Exchange Commission filings. We expressly disclaim any intent or obligation to update these forward-looking statements.