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Med-X Company Updates

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Nick Phillips

Nick Phillips

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2019 Year-End Review and Outlook for 2020

Posted by Nick Phillips on Dec 30, 2019 10:32:00 AM
2019 Year-End Review and Outlook for 2020 Happy New Year! As we close out the end of this amazing year I wanted to take some time and reflect back on a few important milestones the company was able to accomplish in 2019 and then cover some important items as we start 2020. It was a very productive year and we are set up nicely to have an even more productive year in 2020. A year in review: Nature-Cide products were introduced and sold to the professional turf grass industry for the first time. Nature-Cide’s international footprint grew with Rentokil in several new countries. Nature-Cide committed to a larger strategic marketing plan with the largest pest control distributors and industry publications. The company launched its Acquisition Company Roll-Up Strategy and entered into talks with several targets in the pest control service arena. The company signed a letter of intent and is working to close its first pest control service acquisition. The company reserved the Nasdaq Symbol “MXRX”. Malibu Brands Pacific Pain Relief Cream was launched. The company successfully closed its first Regulation A+ offering on StartEngine in June of 2019 capping the round off in the neighborhood of $7 million raised since 2016. The company signed with broker-dealer NMS Capital to partner on its new Regulation A+ capital raise. The company launched the National Investor Network. The Marijuana Times helped break the story on contaminated cannabis oil being sold on the black market. Thermal-Aid products saw growth from Cardinal Health Distribution and direct-to-consumers. Nature-Cide delivered hundreds of samples of products to professionals in 2019 as the word spread around the world. The company launched its own investment platform for its new Regulation A+ offering. The company surpassed its 2018 revenue in Q4 and reached its 2019 revenue goals. It was a challenging but satisfying year for our company. All of the support from our shareholders and partners allowed us to keep this movement going in a positive direction. The brands themselves, especially Nature-Cide, has become globally known as a premier Green Pest Control product line.
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Topics: Med-X

 

Med-X, Inc. Surpasses 2018 Revenue During the 4th Quarter of 2019 While in Final Stages of it’s First Pest Control Service Acquisition

Posted by Nick Phillips on Nov 7, 2019 9:56:00 AM
Med-X, Inc. Surpasses 2018 Revenue During the 4th Quarter of 2019 While in Final Stages of it’s First Pest Control Service Acquisition In this update, Matthew reports on how 2019 revenues have already surpassed 2018 revenues across multiple divisions as well as how its potential acquisition could lead to engagements with large scale investors. This progress has motivated Med-X Management to prepare the company accordingly, as they meet with the potential sponsors to list the company. Our largest Over The Counter or “OTC” Pharmacy distributor Cardinal Health / RGH just placed an order to continue to distribute the Thermal-Aid product line throughout “OTC” pharmacies which are performing well and selling-through. We anticipate these orders to continue to increase in frequency and volume.
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Topics: Med-X

 

Nature-Cide Shines at PestWorld 2019

Posted by Nick Phillips on Oct 17, 2019 10:00:00 AM
In this update, COO, Matthew Mills reports from the TradeShow floor at PestWorld 2019. At the show, the team has been meeting with hundreds of business owners who are all interested in learning more about adding green options to their product offerings. Owners of pest control companies from all over the world have all met in one place to get educated and to network. “We have been doing this show for a few years now and this year is by far the most attention we have had around the company,” says Matthew Mills. “When we first started doing this a few years ago people would come up to us and not recognize the need for green pest control products, as well as believing that Nature-Cide couldn’t possibly be a viable solution. Now the word has spread and people from all over the country and the world are waiting in line to talk to us. The market is changing really fast. Those same people are coming back to learn more because their customers are asking for green options. We are in a really great place,” says Matthew.
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Topics: Med-X

 

Strict International Regulations on Pesticides Continue to Fuel Nature-Cide Expansion and Growth Outlook

Posted by Nick Phillips on Sep 24, 2019 10:03:00 AM
In this update, COO, Matthew Mills takes you inside the Med-X facility for a look at the day's preparations for several existing customers and a few new international Nature-Cide orders. The international interest in Nature-Cide is a clear indicator of the growing trend of the professional pesticide industry moving to include safer green options. The team is making final preparations for what we hope to be our most important and successful appearance at the largest pest control trade show in the world, PestWorld 2019. This year’s trade show is taking place in San Diego from October 15th to October 18th. If you want to meet with Matthew Mills and see the action for yourself let us know so we can make arrangements in advance for your visit. Our distributors are all excited to showcase the Nature-Cide brand and we would love the opportunity for any shareholder to actually see the excitement around Nature-Cide in the broad scope of the international community.
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Topics: Med-X

 

REGULATION A+ Offering is now closed

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