Glucose Health, Inc. Board Members Confirm Participation in Preferred Share Conversion at 85% Premium to Market and Introduce New Revenue Growth Strategy
Rhea-AI Summary
Glucose Health (OTC: GLUC) announced that all preferred shareholders, including board members, converted preferred shares into common stock at an 85% premium to market, removing the related liability and simplifying the capital structure. The company reported a 2019–2022 revenue CAGR of 38.54%, national retail placement at CVS and Walgreens, the launch of new brand Fiber Up, and cited nearly 12,000 Amazon reviews and > 100 clinical studies supporting its soluble-fiber products.
The release also notes a stock move from $0.14 on Dec 22 to a recent close of $0.215 and a capital structure of 27,309,271 issued and 10,524,984 public float.
Positive
- Preferred conversion at 85% premium to market
- Revenue CAGR 38.54% from 2019 to 2022
- National retail placement at CVS and Walgreens
- Stock price rose ~54% from $0.14 to $0.215
- 27,309,271 issued shares with 10,524,984 public float
- ~12,000 Amazon reviews for GlucoDown
Negative
- Public float of 10,524,984 shares may limit liquidity
- Distribution concentration historically relied on Amazon
BENTONVILLE, Ark., Jan. 07, 2026 (GLOBE NEWSWIRE) -- Glucose Health, Inc. (OTC: GLUC), a consumer-health company specializing in soluble-fiber nutrition products for metabolic support, today confirmed that all members of the Board of Directors holding preferred shares elected to convert their shares, along with all other preferred shareholders, at a shareholder-friendly
Glucose Health, Inc. Board Member, Chris Jemapete stated: “Some of the preferred series carried dividends with quarterly cash payments to shareholders. In one of our first actions as new Board members, we concluded that cash on hand should be prioritized to finance the future growth of the Company and its national soluble fiber nutrition brands, rather than paying dividends to shareholders, ourselves included.”
Mr. Jemapete further noted: “By converting the preferred shares into common stock, we were able to eliminate a major liability on the Company’s balance sheet and streamline the cap table into a now straightforward structure for financing our planned strategic growth initiatives.”
Glucose Health, Inc. Board Member, Ned Burke added: “We intend to focus our efforts on three main areas: financing growth, increasing the number of distribution channels, and reaching profitability. It is the Board’s clear intention to build a company with strong corporate governance and a complete business structure.”
Mr. Burke further noted: “From 2019 to 2022, Glucose Health, Inc.’s revenues rapidly increased from
Glucose Health Inc. CEO, Mark Schaftlein, stated: “Following the Board’s bold actions related to converting the Company’s preferred shares at a premium to market, GLUC’s stock price appreciated from
Mr. Schaftlein further commented: “Glucose Health, Inc. now maintains a capital structure of 27,309,271 issued and outstanding common shares, and just 10,524,984 shares in the public float (shares trading in the open market). In part, due to the high profile of the Company’s fiber nutrition brands at Amazon and leading retailers, the Company estimates its shareholder base now exceeds more than 1,000 individual investors.”
Strategic Revenue Growth
The Company’s strategic revenue growth plan centers on increasing national awareness of its flagship brand for glucose metabolism support, GlucoDown. To date, GlucoDown has garnered nearly 12,000 reviews at Amazon and importantly, the brand has earned top ratings from consumers across every flavor. The Company’s newly launched brand, Fiber Up, positions the Company in the expanding soluble fiber supplement market segment. Fiber Up offers health-conscious consumers both nutritional and taste improvements over traditional fiber supplements. To date, more than 100 clinical studies support the efficacy of the special form of soluble fiber found in both GlucoDown and Fiber Up.
Glucose Health, Inc.’s consumer-healthcare focus on soluble fiber nutrition is fully aligned with national public-health priorities. Dietary fiber has been formally designated a “nutrient of public health concern” by the U.S. Department of Health & Human Services (HHS) and the U.S. Department of Agriculture (USDA)—due to widespread under-consumption across the American population.
Glucose Health, Inc.’s strategic growth plan includes expanding its portfolio of soluble-fiber drink mixes and developing other dietary fiber formats including sodas, waters and nutrition bars. The growth plan aligns the Company fully with the goals of a national public-health initiative and places it at the forefront of consumer demand for metabolic-wellness solutions.
About Glucose Health, Inc.
Glucose Health, Inc. (OTC: GLUC) formulates, manufactures and distributes soluble-fiber nutrition products supporting healthy glucose metabolism and broader metabolic wellness. The Company’s brands—GlucoDown and Fiber Up—are manufactured in the United States and distributed through major national retailers and leading online marketplaces. Glucose Health, Inc. is headquartered in Bentonville, Arkansas.

Contact: Investor Relations 888-987-6315 info@glucosehealthinc.com www.glucodown.com www.fiberup.com OTC: GLUC