Management has completed its preliminary review of May operating results for Ancient Extracts.
✅ April revenue: approx. $12,670
✅ May revenue: approx. $22,344
This represents approximately 76% month-over-month growth.
Please note that operations commenced around the middle of May following the closing of the acquisition. As a result, the reported May revenue reflects only a partial month of operations under BFCH ownership.
These figures are preliminary, unaudited, and subject to further review and reconciliation.
Management is highly encouraged not only by the growth demonstrated, but also by what appears to be a capital-efficient operating model with meaningful opportunities for future expansion.
More updates to follow.
$BFCH | UNLOCKD
$BFCH
The Board approved the mutual rescission of Dr. Jordan Balencic's prior employment agreement. Under the prior agreement, No salary was paid. No equity was issued.
The agreement has been eliminated entirely as the Company transitions to its next phase following the closing of Ancient Extracts and the appointment of John Gorst as CEO.
Future executive compensation arrangements, including those for other executives, will be determined by the Board and are expected to be aligned with the framework established for CEO John Gorst.
This action simplifies the Company's compensation structure, removes potential overhang, preserves flexibility, and reflects management's continued focus on building long-term shareholder value.
$BFCH | UNLOCKD
The market is starting to understand what we’re building.
Real products.
Real revenue.
Real operators.
Real platform strategy.
Ancient Extracts USA is only the beginning.
Appreciate the coverage from biznewsPA: https://t.co/6FN1JIVW7q
$BFCH | UNLOCKD
Less than one week post-close, and execution is already underway.
Ancient Extracts products have now been placed into two high-end retail locations in Florida as we begin expanding physical distribution, consumer reach, and brand visibility, with additional opportunities already developing.
This is exactly why management remains so bullish on the platform being assembled.
Formal updates will follow as milestones are reached.
$BFCH | UNLOCKD
Management believes current valuation levels do not yet reflect the operating platform being assembled.
Our focus remains unchanged:
Close.
Integrate.
Scale.
Build.
$BFCH | UNLOCKD
Follow-up regarding the Yield sign:
The amended Management Certification was filed last night to update Section 11 and reflect certain convertible debt activity that occurred during 2025 PRIOR to the change of control transaction.
As many shareholders already know, those legacy matters and related overhang have since been addressed and RESOLVED.
In addition, while OTCID reporting standards now center around Management Certifications rather than the historical attorney-letter framework for current information, management elected to obtain and file a Non-Shell opinion letter as an extra measure of transparency and support for the Company’s current status.
Management expects the Yield sign matter to be resolved promptly.
The Company received a Yield sign related to a minor adjustment needed within the Management Certification.
An amended certification will be filed promptly to address the matter, and management expects the issue to be resolved quickly.
This is administrative in nature and does not impact the Company’s operations, strategy, or ongoing initiatives.
I look forward to following up with additional updates soon.
$BFCH | UNLOCKD
We said we were focused on closing.
Today, we delivered.
Ancient Extracts USA is now officially part of the UNLOCKD platform.
https://t.co/uBcmwJuoZw
The Company received a Yield sign related to a minor adjustment needed within the Management Certification.
An amended certification will be filed promptly to address the matter, and management expects the issue to be resolved quickly.
This is administrative in nature and does not impact the Company’s operations, strategy, or ongoing initiatives.
I look forward to following up with additional updates soon.
$BFCH shareholders: our Q1 2026 Quarterly Financial Report is live on OTC Markets.
Take a close look at the Management Discussion & Analysis (MD&A) section toward the end of the filing, particularly the discussion surrounding retail transformation opportunities, commercialization initiatives, direct-to-consumer infrastructure, and our broader long-term operating strategy.
$BFCH NEWS
BFCH Appoints Veteran Public Company Operator John P. Gorst as Chief Executive Officer as Company Advances Ancient Extracts USA Acquisition and Platform Expansion
https://t.co/AYVU6apUtj
$BFCH | UNLOCKD
Working hard to get the VerdaGenix / Ancient Extracts USA transaction across the finish line this week.
Definitive documents are being circulated and reviewed.
Appreciate everyone’s patience throughout the process.
Wow. Seeing capital continue to flow into better-for-you beverages only reinforces my conviction that functional wellness is a major secular trend, not a fad.
Daily ritual products with real consumer demand can become meaningful businesses over time.
That’s a category worth building in. $BFCH
$BFCH | UNLOCKD
Ancient Extracts remains on track.
Imagine Ancient Extracts products placed into established retail footprints with recurring customer traffic and built-in community reach.
That kind of opportunity is what gets me excited about where this platform can go.
More to come on this. First step is to announce the closure of this acquisition. We’re working.
Good morning.
I’m pleased to report that we are back on track, and momentum is building again.
I can only report based on the best information available to me at this time. What I can tell you is that Ancient Extracts USA and funding are making progress toward closing.
I’m committed to doing a better job avoiding false starts and only speaking when milestones are more firmly in hand.
There is more being worked on behind the scenes than many realize… additional initiatives, strategic conversations, and opportunities aligned with the broader platform vision.
My mantra is simple: close, fund, build.
More to come. Let’s have a productive quarter.
To clarify, Ancient Extracts USA 🇺🇸 and Ancient Extracts UK 🇬🇧 are distinct operating businesses.
Closing Ancient Extracts USA is a clear priority. Both parties are aligned and working constructively toward that objective.
What’s particularly compelling is the opportunity to apply proven operating insights and best practices from the broader Ancient Extracts ecosystem as we build in the U.S. market.
That kind of knowledge transfer is valuable.
We’re already working on packaging compliance, product refinement, and strengthening the customer experience.
Building something real.
$BFCH
One of management’s top priorities is expanding the team with experienced operators, and strategic partners who can help accelerate growth and execution.
Building something meaningful requires the right people around the table.
$BFCH | UNLOCKD
A few shareholders have asked about my employment agreement, so I’ll address it once.
The agreement was put in place to establish alignment, create real skin in the game, and give $BFCH a framework to recruit serious operators, executives, and strategic partners as we build.
My compensation is overwhelmingly equity-based. If shareholders don’t win, I don’t win. That alignment matters.
Just as important, I’m not married to what was originally written. As new executives, investors, and partners come in, compensation structures and economics can evolve. I’m willing to adjust terms and do what makes sense if it strengthens the business and better aligns long-term interests.
The objective is building something real with fair alignment for the people who create value.
I’m not under pressure to force decisions, chase easy capital, or pursue short-term optics. My focus is on disciplined execution, thoughtful capital formation, and building a company that can endure.
That’s how serious businesses are built.