STEVIA CORP (OTC:STEV)

WEB NEWS

Thursday, August 2, 2012

Notable Share Transactions

INDIANAPOLIS, IN--(Marketwire - Aug 2, 2012) -  Stevia Corp. (OTCBBSTEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce that effective August 1, 2012 it has entered into a definitive securities purchase agreement with certain institutional investors to raise $500,000 in a private placement financing. 

Upon closing of the financing, subject to certain closing conditions, which have not yet been satisfied, the Company will issue an aggregate of 1,066,667 shares of the Company's common stock at a price per share of $0.47 and also issue to each investor a warrant to purchase an equal number of shares of the Company's common stock at an exercise price of $0.64 with a term of 5 years. Additionally, the Company has agreed to file a registration statement with the Securities and Exchange Commission to register the resale of the securities sold in the offering.

The proceeds from the offering, net of certain fees and expenses, will be used to advance the Company's ability to execute its growth strategy and will greatly aid in the commercial development of the recently announced launch of its subsidiary, Stevia Technew Limited.

George Blankenbaker, Stevia Corp. President, comments, "Now that we are progressing to our commercialization phase, we are very focused on achieving our EBITDA profit forecasts and look forward to using the proceeds to generate revenue growth over the coming months."


Tuesday, January 31, 2012

Deal Flow

INDIANAPOLIS, IN--(Marketwire - Jan 31, 2012) - Stevia Corp. (OTCBB: STEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce it has entered into an Equity Purchase Agreement of up to $20,000,000 of the Company's registered common stock by Southridge Partners II, LP ("Southridge"), an institutional investor based in Ridgefield, Connecticut. This funding will enable the Company to further accelerate its commercial development of stevia and related markets.

Pursuant to the Agreement, the Company has the right, at its discretion, to sell to Southridge up to $20 million of its common stock from time to time over a 36-month period. The Company will have the right, but is not obligated, to sell stock to Southridge depending on certain conditions as set forth in the Agreement. Both parties have also entered into a Registration Rights Agreement under which, the Company agreed to file a registration statement with the Securities and Exchange Commission with respect to the Shares.

Mr. George Blankenbaker, Stevia Corp. President, comments, "This is an important milestone for Stevia Corp. to have accomplished. We have attracted and won the confidence of a forward-thinking institutional investor which says a lot about their conviction regarding our vision, management approach, and overall market demand. Having a flexible and low cost funding instrument in place allows us to efficiently accelerate our commercialization and acquisition strategies."


Friday, January 13, 2012

Pump and Dump Watch

INDIANAPOLIS, IN--(Marketwire - Jan 11, 2012) - Stevia Corp. (OTCBB: STEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce that commitments from regional and national levels of governments are paving the way for the rapid development of stevia trial cultivation farms aimed at grower adoption on a commercial scale.

In order to effectively demonstrate the economic opportunities represented by stevia cultivation, the National Government of Vietnam is providing financial support for the development of 50 Ha of stevia cultivation. Additionally, the Bac Giang provincial government is also supporting a further 20 Ha of stevia cultivation. Both projects are currently on track for completion in 2012.

Stevia Corp.'s local grower partner, Stevia Ventures Corporation ("SVC") of Hanoi, is managing both projects in conjunction with the appropriate government entities and local community farmers. The Vietnam government is supporting the projects with financial subsidies to the farmers to help introduce stevia as a new crop and provide an incentive for these farmers to trial Stevia and demonstrate it as an economically viable alternative crop.

Stevia Corp. is providing the farm management expertise to ensure a successful outcome. Under the terms of the agreement, Stevia Corp. will supply stevia seedlings and additional products and services utilizing its proprietary systems and will also have rights to off-take any non-stevia crops produced by inter/multi-cropping.

Mr. George Blankenbaker, Stevia Corp. President, comments, "Having government support for our efforts to commercialize stevia is a huge benefit providing credibility to the local farmer communities and affirms our decision to begin efforts in Vietnam. The government and institutes at all levels have been supportive and understand the potential economic viability of stevia and this has resulted in a strong resolve to spur the commercial development and create a major economic stimulus for the rural communities."


Tuesday, October 25, 2011

Comments & Business Outlook

INDIANAPOLIS, IN--(Marketwire - Oct 25, 2011) - Stevia Corp. (OTCBB: STEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of Stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce that as part of its previously announced agreement with Singapore based Agro Genesis Pte. Ltd., the Company has obtained exclusive distribution rights to Micro Suspension (MS) Technology* which produces premium MS fertilizers for use with stevia.

Mr. George Blankenbaker, Stevia Corp. President, states, "Our development agreement with Agro Genesis has provided us with extremely favorable access to new cultivation technologies which we have deemed as a key element of our overall strategy for growth. Increased crop productivity is an important goal that increases the probability of future commercial success. There are many other components to our strategic aims, but this exclusive distribution right sets the stage for our immediate development program and can greatly aid in positioning our company at the forefront of our sector."


Monday, October 10, 2011

Reverse Merger Activity
On June 23, 2011 Stevia became a public entity via a reverse merger transaction.

Company Snapshot:

 Farm management company with a strong focus on stevia agronomics

 Industry Snapshot (from the company)

Mintel New Product Database confirmed that the number of new stevia product launches in 2010 increased by 200% over the previous year with product launches across thirty-five countries. Nielsen data indicates that US stevia-based sales totaled $809 million, an increase of 126% on the $357 million recorded in full-year 2009 and crossed 38 categories of food and beverages.

Euromonitorreported launches of products with stevia increased 87% in 2010, while launches of saccharine declined 41% and launches with aspartame declined 13%, and because stevia has yet to win full regulatory approval across Europe, the market still remains relatively untapped.

After only 12 months on the market in the United States, Nielsen retail data estimates stevia sweeteners surpassed aspartame sales and now comprise 14% of the USA tabletop sugar substitute market. Stevia is also taking market share away from sucralose and high fructose corn syrup.

This market data suggests that consumers are willing to consider stevia as a viable low calorie "natural" ingredient.

Post Merger Share Calculation: TBD (currently has about 60 million shares outstanding).

GeoTeam® best effort calculation of total post reverse merger shares assuming full conversions:  TBD

Financial Snapshot: December Year End

  • No reported revenues

Financial Target Agreements

Per a recent RTO transaction, 6,000,000 of such shares are being held in escrow pending the achievement by Registrant of certain post-Closing business milestones.

Waiting for more details as exhibit A (which was supposed to contain make good details), was omitted from RTO filing.



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