−Removed: are a consumer health care company that is in the process of building a portfolio of best-in-class consumer product brands.
−Removed: strategy is to grow both organically and by further acquisition.
+Added: are a consumer health care and beauty company that is in the process of building a portfolio of best-in-class consumer
+Added: product brands.
+Added: Our strategy is to grow both organically and by further acquisition.
were organized as a corporation under the laws of the State of Nevada on December 29, 2010 under the name “Oro Capital Corporation”.
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Fiscal Year Developments
−Removed: 2016 we created a new Canadian subsidiary, Synergy CHC Inc., for the purpose of operating a technology center in Halifax, Nova
−Removed: The new center is an online marketing arm of the company, called The Synergy Effect.
−Removed: We created another new subsidiary,
−Removed: Sneaky Vaunt Corp., for the purpose of developing, marketing and selling specialty products.
−Removed: We also focused on executing our
−Removed: current brands and creating line extensions that will launch in 2017.
+Added: 2017 we created a new subsidiary, The Queen Pegasus, for the purpose of developing, marketing and selling specialty cosmetic products.
+Added: We also purchased a cosmetic line, Per-fekt Beauty, and we also focused on executing our current brands and creating line extensions
+Added: that we expect to launch in 2018.
of the Business
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Tummy Tea is a uniquely formulated two-step herbal detox tea that works to naturally help speed metabolism, boost energy and reduce
−Removed: Flat Tummy Tea is sold exclusively online at www.flattummytea.com.
−Removed: Flat Tummy Tea is a material product to our revenue
−Removed: base, representing 60% of revenue.
+Added: Flat Tummy Tea is sold online at www.flattummyco.com and at The Vitamin Shoppe.
+Added: Flat Tummy Tea is a material
+Added: product to our revenue base, representing 36% of revenue.
MD is the world’s first anti-aging skincare line formulated specifically for the hands.
Hand MD is sold exclusively online
−Removed: at www.buyhandmd.com.
+Added: at www.handmd.com.
is a topical product that works directly at the site of pain as opposed to oral products.
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headaches, aches and pains, heartburn and upset stomach.
−Removed: UrgentRx can be found at convenience stores and drugstores across the
−Removed: United States.
+Added: Vaunt is a backless, strapless, stick on, push up bra.
+Added: Sneaky Vaunt is sold exclusively online at www.sneakyvaunt.com .
+Added: Queen Pegasus is a two step eyelash elixir kit for longer and fuller looking natural eyelashes.
+Added: The Queen Pegasus is sold
+Added: exclusively online at www.thequeenpegasus.com .
+Added: Beauty is a line of cosmetics that merges advanced skincare formulations with color.
+Added: Per-fekt Beauty products are sold in retailers
+Added: across the country such as Ulta, Beauty Brands and online at www.perfektbeauty.com .
and Commercialization Strategy
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by Capstone Nutrition.
+Added: Sneaky Vaunt is manufactured by Dongguan Jingrui.
+Added: The Queen Pegasus is manufactured by Skin Actives and
+Added: Ningbo Beautiful Day Cosmetics.
Commercialization
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Inc./Walmart (a/k/a Sam’s Club), which comprise 88% of our net revenue for FOCUSfactor.
−Removed: We intend to diversify our sales
−Removed: network and generate revenue by selling our consumer-ready products to retailers across North America, which retailers may then
−Removed: sell to end consumers through retail distribution channels.
−Removed: We also sell direct to wholesalers and distributors at a reduced cost
−Removed: to grow our revenue base quickly and to penetrate the market more effectively.
+Added: We intend to diversify our
+Added: sales network and generate revenue by selling our consumer-ready products to retailers across North America, which retailers may
+Added: then sell to end consumers through retail distribution channels.
+Added: We also sell direct to wholesalers and distributors at a reduced
+Added: cost as a means to grow our revenue base quickly and to penetrate the market more effectively.
success depends in part upon our ability to protect our core technology and intellectual property.
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and Marketing
−Removed: plan to focus on selling to retailers and distributors who currently are active in the consumer product space to expedite the
−Removed: penetration of market acceptance of the product.
−Removed: We are currently conducting research with focus groups to find out what the best
−Removed: approach for marketing efforts is and how to do so on the most cost-effective manner.
−Removed: We also plan to develop an online sales
+Added: plan to focus on selling to retailers and distributors who currently are active in the consumer product space with the aim
+Added: to expedite the penetration of market acceptance of the product.
+Added: We are currently conducting research with focus groups to
+Added: find out what the best approach for marketing efforts is and how to do so in the most cost-effective manner.
+Added: to develop an online sales channel.
sell our products in mostly American retail locations along with other developed countries with similar retail landscapes to North
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category with both a patent and clinical study to support its claims.
−Removed: These competitors include a wide range of products, from
−Removed: targeted brain-enhancement supplements to indirect competitors such as energy drinks that claim to improve concentration.
+Added: FOCUSFactor’s competitors include a wide range
+Added: of products, from targeted brain-enhancement supplements to indirect competitors such as energy drinks that claim to improve concentration.
products that we sell, and those that we are developing for future sale, may be subject to U.S.
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With respect to the products we currently sell, our regulatory counsel has reviewed all of
−Removed: our products and we are compliant with the current rules.
−Removed: Since the current products sold are considered nutraceuticals, cosmeceuticals
−Removed: and over the counter products, minimal regulations are placed on the product with the exception of the appropriate labeling and
−Removed: warnings on the packaging.
−Removed: Company will rely on legal and operational compliance programs, as well as local counsel, to guide its businesses in complying
−Removed: with applicable laws and regulations of the jurisdictions in which it does business.
−Removed: Company does not anticipate, at this time, that the cost of compliance with U.S.
−Removed: and foreign laws will have a material financial
−Removed: impact on its operations, business or financial condition.
−Removed: There are however no guarantees that new regulatory and tariff legislation
−Removed: may not have a material negative effect on its business in the future.
+Added: our products and we believe we are compliant with the current rules.
+Added: Since the current products sold are considered nutraceuticals,
+Added: cosmeceuticals and over the counter products, minimal regulations are placed on the product with the exception of the appropriate
+Added: labeling and warnings on the packaging.
+Added: will rely on legal and operational compliance programs, as
+Added: well as local counsel, to guide its businesses in complying with applicable laws and regulations of the jurisdictions in which
+Added: we do business.
+Added: do not anticipate, at
+Added: this time, that the cost of compliance with U.S.
+Added: and foreign laws will have a material financial impact on operations, business
+Added: or financial condition.
+Added: There are however no guarantees that new regulatory and tariff legislation may not have a material negative
+Added: effect on business in the future.
of March 30, 2018, we had 66 full-time employees and no part-time employees.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.