Richard Mathews
Newport Beach, CA (USA)
Role(s):
VP/SVP/Dept Head
Synterra Health Inc
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Startup
Location:
Newport Beach
Industry:
Manufacturing
Year Founded:
2007
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"S" Corporation
Description:
Synterra health is a young, exciting company that has developed a range of proprietary Health products ready to market that include a unique two drink beverage system called Synterra AM and Synterra PM. The drinks provide increased balanced energy, reduced stress hormones, assistance in weight loss, healthful nutrition, increased longevity in the AM daytime version while the PM evening version provides for replenishment of nutrients used during the day and a more restful sleep.
Developed by physicians and scientists and manufactured under current FDA GMP procedures, Synterra AM™ and Synterra PM™ are so unique they contain formulas that carry 6 FDA allowable Structure Function claims – an industry first!
The Synterra AM and Synterra PM products are in production and currently available for distribution. We also have four additional products that utilize the same distribution channels as AM & PM. They include Healthy Snack Food, Weight-Loss, Anti-Aging, and Anti-Wrinkle Cream products. These products are fully developed and will be produced and distributed according to our Sales and Marketing Plan.
The company’s founders include the former CEO of Leo’s Quality Foods and founding President of Herbalife. Also on the management team is the founder and former CEO/Chairman of the world’s largest functional medicine clinical diagnostic laboratory, and the founder and CEO of one of the United States largest and most innovative specialty contract manufacturing (nutritional and industrial) companies. Our management team also includes the former CEO of Naturade, and a legal team with extensive international experience and a team of internationally recognized scientists.
Our plan achieves sales of over $24 million in the third year with gross margins over 60% and Operating Profit of over $10 million.