top of page

Evolving Pest Control: SenesTech Resuscitates the industry with Birth Control

Harvest Communications

Aug 1, 2024

Pest control is getting a makeover!

In the lates segment of The Harvest Podcast, Carmel Fisher talks to Mr Joel Fruendt, CEO of Senestech, Inc, a biotech and life sciences company to unveil insights into their mission to improve public health by managing animal pest populations through fertility control, particularly one of the world's oldest issues – rodent control.

Since every 2 rodents will produce 15 000 more in a year, it makes sense to treat the issue at the root cause...

Listen to this informative and insightful interview to get the latest developments on $SNES, available on the NASDAQ exchange, including areas of expansion and the recent reverse stock split.





Unable to listen in right now? Follow below to read the Full transcript:

1

00:00:00,000 --> 00:00:11,840

Hi and welcome to The Harvest with me Carmel Fisher today we're interviewing CEO and President


2

00:00:11,840 --> 00:00:19,760

Joel Fruendt from Senestech, Inc. Hi Joel, welcome. Thank you, glad to be here. As a start just give us


3

00:00:19,760 --> 00:00:24,640

an overview of Senestech, where you're listed, what the ticker is and of course what has inspired


4

00:00:24,640 --> 00:00:30,800

the mission just for all of our viewers out there. Sure, absolutely. So we're a biotech and life


5

00:00:30,800 --> 00:00:40,080

sciences company, we're traded on the NASDAQ ticker symbol SNES. Our mission at Sinestec is to


6

00:00:40,080 --> 00:00:46,800

improve public health by managing animal pest populations through fertility control. So we do


7

00:00:46,800 --> 00:00:51,680

things a little bit different than they do for one of the world's oldest issues and that's rodent


8

00:00:51,680 --> 00:00:59,280

control. Right now we have labels for rats and for mice and so we attack the problem and its root


9

00:00:59,280 --> 00:01:08,080

cause reproduction. So really in essence what we're doing is rodent birth control and it's a very


10

00:01:08,080 --> 00:01:15,040

proactive approach as opposed to what you read a lot about in the news lately and that is cities


11

00:01:15,040 --> 00:01:22,560

and other government agencies that are trying to control rodent problems by poisoning and


12

00:01:22,560 --> 00:01:27,600

killing and trapping and all those things. So we're a little bit different in that respect.


13

00:01:28,160 --> 00:01:32,720

So tell us more about the science behind Sinestec's Contribute Product, how does it work?


14

00:01:34,320 --> 00:01:41,920

So I'll start out with this fact that usually leaves people with their jaw dropping and that is


15

00:01:41,920 --> 00:01:51,280

that two rats in one year can become 15,000. So that is really the basis for our product. That's


16

00:01:51,280 --> 00:02:00,000

our why because when you start doing the numbers is you cannot poison, trap, drown, whatever you


17

00:02:00,000 --> 00:02:05,040

want to do. You cannot do that fast enough without addressing the reproductive rate.


18

00:02:05,040 --> 00:02:11,040

And that is really why our product is in the news a lot right now and why we're getting such success


19

00:02:11,040 --> 00:02:16,320

out in the marketplace. But really so when you look at it's like okay so how did this come to


20

00:02:16,320 --> 00:02:24,240

being? Sinestec started as a research company. They were looking at research that would mimic


21

00:02:24,240 --> 00:02:32,080

menopause or medicinal research and they came across something that they developed into a product


22

00:02:32,080 --> 00:02:40,400

called ContraPest and it's a liquid product. It's patented. It's a technology that really reduces


23

00:02:41,040 --> 00:02:46,880

or eliminates fertility in both females and males. So in males it affects the sperm reproduction


24

00:02:47,440 --> 00:02:57,680

and in females it does pretty much the same only it attacks the follicles. So when this product is


25

00:02:57,680 --> 00:03:02,960

being used out in the marketplace it's like it impacts both male and females and limits the


26

00:03:02,960 --> 00:03:10,080

reproductive rates for both. So the ContraPest product it works. It's proven itself out in the


27

00:03:10,080 --> 00:03:18,800

field and we introduced some different delivery systems in order to be more focused on how rats


28

00:03:18,800 --> 00:03:24,880

are in the marketplace whether they're in their burrows or their roof rats. And we have very loyal


29

00:03:24,880 --> 00:03:30,640

customers that love the product so it's an attractive solution for them. Wonderful. Very


30

00:03:30,640 --> 00:03:38,800

interesting. Is ContraPest your only product? No. In fact we're really excited about our new product


31

00:03:38,800 --> 00:03:47,280

evolve and I'll actually tell you how it evolved. ContraPest liquid product, very good product.


32

00:03:47,280 --> 00:03:55,520

But when we started doing our analysis of the marketplace and what's used and what's not,


33

00:03:56,800 --> 00:04:02,640

asking 95% of all the products that are used out in the pest control industry are some type of solid


34

00:04:02,640 --> 00:04:12,480

product. So easy to use. Price-wise it's very economical products. So asking our customers to


35

00:04:12,480 --> 00:04:19,680

switch over to a liquid had a lot of things that were complicated. And so when we came up with


36

00:04:19,680 --> 00:04:25,760

Evolve we came out with it. It's what's called the soft bait product. So it's almost like cookie


37

00:04:25,760 --> 00:04:34,960

dough that the rats and mice really love. It has similar efficacy meaning it works really well


38

00:04:34,960 --> 00:04:42,880

out in the field to ContraPest. But it had really three things that ContraPest didn't have. The first


39

00:04:42,880 --> 00:04:48,320

one had a shelf life of one year. So this is a great distribution product, even a retail product


40

00:04:48,320 --> 00:04:53,120

because you can put it out on the shelves of distribution and it can be sold to the end users,


41

00:04:53,120 --> 00:04:58,720

homeowners. The other thing is that a solid formulation is everybody was familiar with.


42

00:04:58,720 --> 00:05:03,680

So we're not asking them to do something different out in the field. And then


43

00:05:03,680 --> 00:05:11,600

the third thing was we were now able to offer it at a very competitive price to other rodenticides


44

00:05:11,600 --> 00:05:16,800

that are used out there. ContraPest is a little bit higher price product and we were facing some


45

00:05:16,800 --> 00:05:23,600

feedback there. But the one thing that I also need to mention about Evolve, it's been designated by


46

00:05:23,600 --> 00:05:30,240

the EPA as a minimum risk product. It's all food additive ingredients. So when used according to


47

00:05:30,240 --> 00:05:37,040

the label directions, you can use this with no harm that can be done to humans, animals, or the


48

00:05:37,040 --> 00:05:43,360

environment. So we're really excited about that. And it works in the same way that ContraPest does.


49

00:05:43,360 --> 00:05:52,240

It has active ingredient, which is actually cotton seed oil. And in males, it reduces the sperm count


50

00:05:52,240 --> 00:06:00,240

and motility. And in females, it affects the follicles and disrupts the estrus cycle. So both of


51

00:06:00,240 --> 00:06:05,440

those things show that it really reduces the amount of newborns that the rodents can have.


52

00:06:06,560 --> 00:06:11,200

Wonderful. So, you know, given that there's no poison, that's obviously one way that you would


53

00:06:11,200 --> 00:06:17,440

address environmental impact of your products. Are there any other actions or ways that you


54

00:06:17,440 --> 00:06:23,440

address concerns around environmental impact of your products? Yeah, so I think that, you know,


55

00:06:23,440 --> 00:06:28,800

as I mentioned that the reproductive rate is so high. So how are you going to be able to do this?


56

00:06:28,800 --> 00:06:34,720

Infestations that are out there, they can occur quickly. And everything else is addressing the


57

00:06:34,720 --> 00:06:42,400

death rate. So we're addressing the birth rate and how do we do that? When you're designated as a


58

00:06:42,400 --> 00:06:48,080

minimum risk product by the EPA, you're using materials that they have deemed acceptable that


59

00:06:48,080 --> 00:06:56,320

pose little to no risk out there. So with our, we're, when you add all those things together,


60

00:06:56,320 --> 00:07:02,480

and then you start looking at the fact that, okay, the product has no poison. It's not harmful to


61

00:07:02,480 --> 00:07:11,600

non-target animals and humans, which we've heard numerous stories lately about whether it's eagles


62

00:07:11,600 --> 00:07:19,120

or owls that feed on rats. And the rats have ingested rodenticide and the eagle or owl dies.


63

00:07:20,560 --> 00:07:25,680

Not a good situation for anyone. So you really can't, you can't have that with our product.


64

00:07:25,680 --> 00:07:33,360

And when you start looking at the formulation, it is specifically designed for the body mass


65

00:07:33,360 --> 00:07:40,000

of rats or mice in case of our mouse product. And so larger mammals would need to ingest


66

00:07:41,280 --> 00:07:47,680

a substantial amount over several weeks to see any effects. And then those effects would be


67

00:07:47,680 --> 00:07:53,760

concerned about reproduction and not death. So, and birds, you know, birds, there's a lot of


68

00:07:53,760 --> 00:08:00,320

to be said for that. And birds are more tolerant than any of the other mammals as they have


69

00:08:00,320 --> 00:08:12,000

different intestinal tracks and modes. So very unique product that minimum risk and no effect on non-targets.


70

00:08:13,200 --> 00:08:18,880

I imagine they were, you know, giving everything you're saying to prove the efficacy and the


71

00:08:18,880 --> 00:08:24,880

lack of risk through many other, you know, species and humans, et cetera, that there were challenges


72

00:08:24,880 --> 00:08:30,640

in bringing this to market to evolve and counterpaste perhaps as well. Can you speak more about


73

00:08:30,640 --> 00:08:38,800

those challenges and how you overcame them? Yeah. So naturally with any, well, let's just start


74

00:08:38,800 --> 00:08:44,320

backwards. Poisons and traps have been around for 50 years. So they got a 50 year head start.


75

00:08:44,320 --> 00:08:48,960

And that's the mentality that's out there. It's like, well, if you have an issue with,


76

00:08:48,960 --> 00:08:56,240

with animal pests, in this case rodents, that you will do something to work on the death rate of them.


77

00:08:57,120 --> 00:09:03,920

So a new product, there's a lot of skepticism. So what we've had to do is be able to go out into


78

00:09:03,920 --> 00:09:11,200

the field and work with customers on field trials of the product to prove the efficacy or to prove


79

00:09:11,200 --> 00:09:17,680

that it works. And once we started doing that, then we started gaining some repeat customers.


80

00:09:18,480 --> 00:09:25,920

The other part of it is we really focused on the customers and their groups out there


81

00:09:25,920 --> 00:09:32,000

that were environmentally conscious. And we started to see a lot of zoos start to use our


82

00:09:32,000 --> 00:09:38,000

products simply because there's no place in zoos for any type of poisons. And they keep coming back


83

00:09:38,000 --> 00:09:44,720

because it works. So in this day and age of immediate results, ours is a long term solution.


84

00:09:44,720 --> 00:09:51,120

So we have to show that, okay, you start using this and over the long term, you'll be much better


85

00:09:51,120 --> 00:09:57,600

off lack of infestations that occur. And that's what we're seeing is that we're starting to get


86

00:09:57,600 --> 00:10:02,400

more and more of the pest control companies that are out there, the agriculture companies


87

00:10:02,400 --> 00:10:07,280

that want to do things a little bit differently now. And so we're starting to see a lot of


88

00:10:07,280 --> 00:10:12,000

things that are different now because doing the same old thing, doing the same old results is not


89

00:10:12,800 --> 00:10:19,680

very advantageous for anyone. 100%. And you know, I think it's a testament to itself that zoos or


90

00:10:19,680 --> 00:10:25,360

its main mission is to protect animals, wildlife and the entire ecosystem that they are return


91

00:10:25,360 --> 00:10:33,440

customers. That says quite a lot about the product. Yeah, we are in 10 out of the largest 20 zoos


92

00:10:33,440 --> 00:10:38,160

in the United States. And we think that by the end of the year, we'll probably be used in over


93

00:10:38,160 --> 00:10:45,360

three quarters of them. And that's one of our continual focuses is on wildlife and on animals


94

00:10:45,360 --> 00:10:50,960

and how are we going to protect their lives. Excellent. More about recent advancements or


95

00:10:50,960 --> 00:10:56,800

innovations to your product lineup in particular, can you add some light to any of those?


96

00:10:58,000 --> 00:11:02,320

Well, we started out with, so we had Count your pest, we're doing that, we came to the


97

00:11:02,320 --> 00:11:08,240

came to the soft bait and we've got a great product development team at Cinez Tech. And they set out


98

00:11:08,240 --> 00:11:15,200

to find some type of hard bait. We ended up on a soft bait because it's one thing we found is that


99

00:11:15,200 --> 00:11:21,200

it's very palatable to the animal pests that are out there. And when we did our field trials on


100

00:11:21,200 --> 00:11:27,440

palatability, people were amazed that they said, well, we're used to not getting any rats or mice


101

00:11:27,440 --> 00:11:33,280

to go near something for three to four days. And in two days, they had destroyed all this. So we


102

00:11:33,280 --> 00:11:41,120

knew we were on to something. When we started doing that, we said, okay, how can we launch this?


103

00:11:41,120 --> 00:11:47,760

We found the right way to manufacture it, launch the product on January 1st of this year. Then


104

00:11:47,760 --> 00:11:53,360

we're like, okay, what is next? Evolve mouse. And so even though people


105

00:11:53,360 --> 00:12:00,080

interact, intertrace the rats and mice together, they're really different. They have different


106

00:12:00,080 --> 00:12:07,280

metabolisms, different body structures, and those types of things. So we launched Evolve mouse on May


107

00:12:07,280 --> 00:12:15,520

1st of this year. Right now, we've got approval in over 32 states for that over 43 states with Evolve.


108

00:12:15,520 --> 00:12:20,800

And so that's on a fast track forward. And then we started looking at, well, how do we


109

00:12:20,800 --> 00:12:29,440

package the product? Sustainability is one of the key concepts of our company and something


110

00:12:29,440 --> 00:12:35,920

that we talk about a lot. And so we started putting the product in pouches instead of these big


111

00:12:35,920 --> 00:12:41,280

plastic pails. So we're making that transition over there. I would say that the next thing with


112

00:12:42,560 --> 00:12:49,120

what we're going to be able to do with our innovation is that look at other animal pests.


113

00:12:49,120 --> 00:12:52,720

And we've got some things that are going on right now that look at things like


114

00:12:53,360 --> 00:12:58,160

squirrels. And interesting thing is when we go to some of these international trade shows,


115

00:12:58,160 --> 00:13:03,360

we get requests for what can you do for wallabies and kangaroos and those things. So


116

00:13:03,360 --> 00:13:09,680

we're constantly looking, okay, what's the next animal pest that we can create a fertility control


117

00:13:09,680 --> 00:13:16,320

product for? Very interesting indeed. And so speaking about, you know, branching out to various


118

00:13:16,320 --> 00:13:22,400

different animals, what markets and industries will stick target or are you currently targeting?


119

00:13:23,120 --> 00:13:31,200

Well, if you look at our business and we're really focused on seven different markets. And,


120

00:13:31,920 --> 00:13:38,320

you know, the big one is pest control, pest management. And that entails residential pest


121

00:13:38,320 --> 00:13:44,640

control as well as commercial pest control. So we're really focused on that market.


122

00:13:44,640 --> 00:13:52,160

Agriculture is a great big market for us simply because agriculture, you can really see the


123

00:13:52,160 --> 00:14:00,000

economics of having damage that's done by by rats and mice, whether it's contamination or


124

00:14:00,000 --> 00:14:08,160

consumption or lower outputs and like an egg and poultry production because of rats in their eating


125

00:14:08,160 --> 00:14:16,320

eggs. We're really focused on that and that's that's been one of the key markets for us in


126

00:14:16,320 --> 00:14:21,760

launching Evolve. And then we're on the, you know, the municipal site and cities and governments.


127

00:14:22,400 --> 00:14:27,040

We're really focused on that. That's probably where you hear the most about rat problems,


128

00:14:27,040 --> 00:14:34,080

New York, Chicago, Los Angeles. They're all involved in that. And then we're really excited


129

00:14:34,080 --> 00:14:38,640

about a couple of things that have happened, a couple of markets. So with Evolve, and I mentioned


130

00:14:38,640 --> 00:14:46,720

the shelf life that it has and the success rate it has on the efficacy of the product,


131

00:14:46,720 --> 00:14:55,200

is moving into retail. And so right now we are, we're on Amazon.com. We're talking to a lot of


132

00:14:55,200 --> 00:15:01,600

other big retailers. We're going to be at the Ace Hardware Show in August, their marketplace,


133

00:15:01,600 --> 00:15:08,640

where they have all of their stores come in and purchase. So we're excited about that. The other


134

00:15:08,640 --> 00:15:13,760

one I'm really excited about is international. This has opened up the world to us. And we've got


135

00:15:13,760 --> 00:15:19,760

product that's in Hong Kong, in Singapore, in the Maldives and a bunch of other places. So we


136

00:15:19,760 --> 00:15:24,640

know that that's going to be a big marketplace going forward. And we're in the process of getting


137

00:15:24,640 --> 00:15:30,480

registered in all those countries. So you may have touched on one or two elements of this next


138

00:15:30,480 --> 00:15:36,800

question, but is there a complex landscape of pest control regulations out there? How does


139

00:15:36,800 --> 00:15:43,440

anistic stay on top of that, stay ahead of it, and navigate it just to obviously get ahead in


140

00:15:43,440 --> 00:15:48,560

what your mission is? Yeah, it's certainly a lot more complicated than just making a product and


141

00:15:48,560 --> 00:15:58,640

going out and selling it. Our regulating body is the EPA. And so we're in contact with the EPA on


142

00:15:58,640 --> 00:16:06,080

registering products like a contra pest, or to take advantage of the 25B exemption from the


143

00:16:06,080 --> 00:16:10,800

registration process by using those active ingredients and inert ingredients that have


144

00:16:10,800 --> 00:16:17,600

already been approved by the EPA back in 1996. So we were able to launch this under the 25B


145

00:16:17,600 --> 00:16:25,120

exemption simply because we complied with all of those. And being a minimum risk product has


146

00:16:25,120 --> 00:16:31,360

a lot of great attributes to it. And we were able to do this in a shorter amount of time


147

00:16:31,360 --> 00:16:38,960

simply because of complying with all those. Some of the other things that we do is we're


148

00:16:38,960 --> 00:16:45,040

actively involved in trade associations in the pesticide category because there's certainly


149

00:16:45,680 --> 00:16:52,880

a lot of conflicts that arise with pesticides from public perception, right, to the regulatory


150

00:16:52,880 --> 00:16:59,840

environment that we have out there. And so we are constantly working with our group of regulatory


151

00:16:59,840 --> 00:17:07,520

consultants that we have. And we also have some really good in-house expertise that guide us along


152

00:17:07,520 --> 00:17:13,040

that I call it the minefield because it changes the times and we got to be able to adjust accordingly.


153

00:17:13,040 --> 00:17:20,480

So on one hand, it's fantastic that there is regulations out there that watch us. And then


154

00:17:20,480 --> 00:17:28,640

certainly we have to navigate those. 100%. And I touched on educating communities because people


155

00:17:28,640 --> 00:17:34,240

have these preconceived ideas about pest controls. And part of that is obviously going to help you


156

00:17:34,240 --> 00:17:40,080

to infiltrate the market. So how do you go about engaging communities about the benefits of your


157

00:17:40,080 --> 00:17:50,800

products? Well, so we have a lot of good things that we're doing. So our marketing group and


158

00:17:50,800 --> 00:17:58,240

public relations is we're really focused on being good corporate citizens, right? And so we want


159

00:17:58,240 --> 00:18:02,720

everybody to know that, okay, this is different than what you see in pest control. This is not


160

00:18:04,000 --> 00:18:08,240

poisons that we're using. And then we like to engage a lot of civic groups. And I'll give you


161

00:18:08,240 --> 00:18:13,040

an example of one of them is we had a Girl Scout group in New York City, in of course New York


162

00:18:13,040 --> 00:18:17,680

City with the rat problem. They were really concerned because they were saying is that what


163

00:18:17,680 --> 00:18:24,640

are those black boxes you see on the streets? And then why do they put poison in them? And so


164

00:18:24,640 --> 00:18:30,720

they designed an underground bait station that uses our product. And they like it because it's


165

00:18:30,720 --> 00:18:39,680

not a poison. And it's a natural and food additive product. And they designed this bait station


166

00:18:39,680 --> 00:18:44,160

underground that uses our product. So that was just an example of reaching out to some of those


167

00:18:44,160 --> 00:18:49,120

groups. And of course, there's a lot on social media these days. And we're really starting to get


168

00:18:49,120 --> 00:18:54,240

more and more engaged with the activists that are on social media and trying to do better


169

00:18:54,240 --> 00:19:02,160

for the environment and for people in pest control space. Wonderful. So let's look at some


170

00:19:02,160 --> 00:19:06,960

partnerships or collaborations that you're currently involved with and shed some light on those


171

00:19:06,960 --> 00:19:13,680

for us, please. Yeah, so I mentioned our international, which has been one big thing. We've


172

00:19:13,680 --> 00:19:20,080

have a number of distributors that are out there that cover countries for us. We have it in Hong


173

00:19:20,080 --> 00:19:26,960

Kong and Singapore and South Africa and New Zealand and Australia and the Netherlands.


174

00:19:28,080 --> 00:19:34,480

We're really working with them to take evolve down the same path in their countries to get the


175

00:19:34,480 --> 00:19:43,200

approvals and the regulatory concerns alleviated that may be there. So that's one good thing.


176

00:19:43,200 --> 00:19:50,480

The retail space has been big for us with ACE hardware. We'll be on Walmart.com soon because


177

00:19:50,480 --> 00:19:55,680

we've had a number of them that reach out to us and say, this is unique pest control. And one of the


178

00:19:55,680 --> 00:20:02,640

things that you see from the retail space is when they say, well, you're not going to replace


179

00:20:02,640 --> 00:20:08,480

anything on here because being the same product, you're going to give us an additional


180

00:20:08,480 --> 00:20:14,560

product that can be used that's more environmentally friendly and they really like that. So


181

00:20:16,080 --> 00:20:22,560

our e-commerce expansion has been going, well, I mentioned we were on amazon.com. And so just


182

00:20:22,560 --> 00:20:30,160

getting into those gives us a whole new group of people and companies and other groups that we


183

00:20:30,160 --> 00:20:36,800

can interact with. And we're really excited about that. Wonderful. Well, let's touch a little bit


184

00:20:36,800 --> 00:20:42,880

more on you, CEO and President, Mr. Fruendt. What's your background? Just touch ever so


185

00:20:42,880 --> 00:20:48,400

slightly on that for those who don't know you and what led you to join this company and


186

00:20:48,400 --> 00:20:55,600

why do you support the mission so strongly? Well, I spent my career, I spent over 15 years


187

00:20:56,800 --> 00:21:03,840

in some areas that were immediately relevant to this. And that was in the regulated pest control


188

00:21:03,840 --> 00:21:12,800

and vector control space. So I know that the challenges of that controlling pests to protect


189

00:21:12,800 --> 00:21:19,440

public health and maintain a higher standard of living, I really know what those challenges are.


190

00:21:19,440 --> 00:21:26,240

And that really came to be something that when the opportunity at Senestech came about,


191

00:21:26,240 --> 00:21:32,080

that really kind of led me to that opportunity and made me really interested in it. I know


192

00:21:32,080 --> 00:21:38,720

and understand the players within the pest control industry and the vector control industry.


193

00:21:38,720 --> 00:21:44,640

And really the vital role that they play in protecting and preventing against


194

00:21:45,840 --> 00:21:53,840

disease outbreaks. So that was my, you know, I love the industry and that kind of drew me towards it.


195

00:21:53,840 --> 00:22:02,720

I also have extensive experience as a leader of large organizations and how to grow organizations,


196

00:22:02,720 --> 00:22:08,720

which is where we're at right now, a smaller size company, but about to become a large organization.


197

00:22:08,720 --> 00:22:14,400

And I will do the same thing at Senestech, is grow the business, do it in a way that we


198

00:22:15,200 --> 00:22:22,080

interact with our customers on a daily basis in a positive way. And I really believe in the mission


199

00:22:22,080 --> 00:22:29,440

and the people in Senestech. So when I put it all together, it was the right opportunity and I


200

00:22:29,440 --> 00:22:34,640

jumped at the opportunity. I'm sure they're really lucky to have you. Touching on this,


201

00:22:34,640 --> 00:22:39,520

the most recent news update yesterday, there's a reverse stock split for Senestech. Do you want to


202

00:22:39,520 --> 00:22:46,480

touch on that and how you see that benefiting your existing shareholders? Yeah, so we did a reverse


203

00:22:46,480 --> 00:22:52,160

stock split is, you know, our share price hasn't really reflected the value in the company. And


204

00:22:52,160 --> 00:22:59,680

in order to keep the price above the dollar per share on the NASDAQ as per the regulations there,


205

00:22:59,680 --> 00:23:04,400

we decided to do a reverse stock split. And we think that over the long term, this will be great


206

00:23:04,400 --> 00:23:11,680

for the company because it keeps us as listed on the NASDAQ. And as we move forward, you're going


207

00:23:11,680 --> 00:23:17,280

to start to see some real value that's generated there. 100%. Let's touch on some future goals


208

00:23:17,280 --> 00:23:25,440

and milestones. What are you aiming to achieve in the coming years? Well, I think that when we


209

00:23:25,440 --> 00:23:30,480

look at, you know, Evalve being such a key driver here. So really, when you look at it, it's like


210

00:23:30,480 --> 00:23:36,960

we're only seven months into launch and we've done a lot and we've identified these key channels for


211

00:23:36,960 --> 00:23:45,840

us. As we move forward and with our exclusive distribution agreements and the channels that


212

00:23:45,840 --> 00:23:52,880

we've identified and the stocking orders that we've had already in not only the United States,


213

00:23:52,880 --> 00:24:00,560

but around the world, we expect to have many more of those approvals come along. So we're going to


214

00:24:00,560 --> 00:24:07,680

be growing the markets that we serve in North America, but we're also going to be growing those


215

00:24:07,680 --> 00:24:15,360

markets globally. And we're skilled at, okay, how do we get the products approved for use?


216

00:24:15,360 --> 00:24:21,440

And we're in the process of doing that. And when you look at it, it's like adding those to our


217

00:24:22,400 --> 00:24:28,240

lineup, those distribution channels to our lineup and focusing and having strategies for each.


218

00:24:28,240 --> 00:24:35,120

We're going to see a ramp up in sales like we haven't ever seen before. Any final closing statements?


219

00:24:35,120 --> 00:24:38,880

I always love ending with about three key takeaways that you'd like our audience to


220

00:24:38,880 --> 00:24:44,640

remember as they close off this, as we close off this conversation. Yeah, I think the key takeaways


221

00:24:44,640 --> 00:24:51,360

are there are alternatives out there in the pest control industry that don't deal with death. They


222

00:24:51,360 --> 00:24:59,760

deal with how do you stop the reproductive rate environmentally friendly. And I think the most


223

00:24:59,760 --> 00:25:05,760

important thing is that you don't have to have poisons in order to control your pests. And we


224

00:25:05,760 --> 00:25:13,200

can do this in a way that is good for everyone out there. Excellent. That's the next CEO and


225

00:25:13,200 --> 00:25:18,720

President, Mr. Joel Fruendt. He's here helping the next to improve the health of our world,


226

00:25:18,720 --> 00:25:26,240

but you're mainly managing animal pest populations through fertility control. On the NASDAQ as


227

00:25:26,240 --> 00:25:34,160

SNES. This is Carmel Fisher. That's it for the harvest. Remember to like or subscribe


228

00:25:34,160 --> 00:25:50,080

anywhere you listen to podcasts. Stay tuned for more.



Disclaimer:

The Harvest podcast is for informational and educational purposes only. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any company or institution mentioned.

The content of this podcast does not constitute investment, legal, or tax advice. Any strategies or investment ideas discussed may not be suitable for all investors. Listeners should conduct their own research and consult with professional advisors before making any investment decisions.

Past performance is not indicative of future results. The host, guests, and producers of this podcast may hold positions in the securities discussed. This podcast may contain forward-looking statements that are subject to risks and uncertainties. Actual results may differ materially from those projected in these forward-looking statements.

Investing in securities involves risk, including the potential loss of principal. Please be aware that the stock market can be volatile and investment values can fluctuate.

By listening to this podcast, you agree to not hold the host, guests, producers, or any affiliated companies liable for any investment decisions you make.

Always do your own due diligence and invest responsibly.

© 2024 Harvest Communications. All rights reserved.

bottom of page