Stevia Corp (OTCMKTS:STEV) announced that the group had published a letter to its shareholders. The letter is from Kenneth Maciora, who serves as Chairman and President of Stevia Corp.
The letter begins with the President of the group thanking the shareholders for the commitment that they have shown towards the business. He expressed hope that the company will be in a position to reward its shareholders this year. Next, Maciora thanked the new and first-time shareholders of the group for the decision to associate with Stevia Corp.
Moving the focus to his association with the company, Maciora, in the letter, mentioned that on June 1 2021, he took over as Chairman and President of Stevia Corp. in the letter, he made a mention of his nearly 35 years experience that he has financial services industry. He assured me that he would make the best use of his knowledge, skills, experience, and expertise to ensure that the corporate house grows from one stage of development to another.
Stating that restructuring the company’s debt, especially the toxic debt was on top of his priority list, the Chairman and President of the group shared that it was paramount to safeguard the equity for shareholders of the organization.
Market Reaction:
On Friday, STEV stock surged 32% at $0.0249 with more than 5.92 million shares, compared to its average volume of 7.24 million shares. The stock has moved within a range of $0.0167 – 0.0250 after opening the trade at $0.0182.
