UNLOCKD Inc. Completes Corporate Reset, Positions as Public Platform for Consumer Brand Growth

UNLOCKD Inc., operating under OTCID: BFCH, has completed a comprehensive corporate restructuring and is now advancing its strategy to establish a next-generation public platform for scaling high-growth consumer brands. The company formally transitioned from its temporary operational name "EVERMIND Holdings, Inc." to UNLOCKD Inc. following approval by the Wyoming Secretary of State on September 29, 2025, marking the completion of its structural transformation.

The third quarter of 2025 represented a disciplined reset period where UNLOCKD transformed from a distressed micro-cap issuer into a structured, investible public platform. Key achievements included the elimination of convertible debt through restructuring variable-rate notes into fixed-rate instruments at $0.01 per share, representing a 2,400% premium to market prices at the time. This move permanently removed the dilution mechanism that typically limits OTC issuers and restored predictability to the company's equity base. The company anticipates liability reduction exceeding 85% pending CPA review, significantly improving balance-sheet strength for future acquisition financing. Additionally, over 235 million unsupported or non-beneficial shares were invalidated, aligning ownership with genuine corporate value creation.

Chairman and CEO Dr. Jordan P. Balencic stated that Q3 was about earning back trust through discipline, eliminating structural risk, and positioning UNLOCKD to fund growth through responsible equity. The company has initiated a $150,000 common-equity seed fundraising round, holding firm against convertible or toxic funding to protect long-term shareholder value.

Entering the fourth quarter of 2025, UNLOCKD is executing on several key milestones. Management is finalizing the equity seed round while prioritizing strategic investors and valuation discipline. The company is re-establishing operations for the EVERMIND™ acquisition, described as a physician-formulated, commercial-ready cognitive-health beverage platform that management believes represents "the next CELH of brain health." UNLOCKD is also evaluating multiple high-potential consumer brands with established revenue streams and distribution footprints for potential acquisition under letter of intent.

The company has received preliminary, non-binding expressions of interest totaling approximately $2 million from prospective investors for a planned Regulation A offering. Management is finalizing legal counsel selection and will determine timing, structure, and valuation to ensure responsible execution aligned with long-term shareholder interests. Each milestone reinforces the company's principle of executing first and capitalizing later, allowing valuation growth before raising additional funds.

UNLOCKD's focus on consumer health and functional wellness products stems from the category's demonstrated resilience across market cycles, sustaining demand even during economic slowdowns. The company's model targets post-proof-of-concept brands acquired at less than one times revenue and scales them using shared infrastructure. Most consumer packaged goods exits occur between four and ten times revenue, creating clear arbitrage opportunities for disciplined operators. The platform aggregates manufacturing, compliance, marketing, and finance functions to convert fragmented startups into efficient, margin-positive divisions.

The broader market context appears favorable for UNLOCKD's strategy. According to Reuters reporting from September 17, 2025, the Federal Reserve's rate-cut cycle is reducing the cost of capital. Private-market valuations in wellness and beverage remain 20-40 percent below 2021 peaks, as noted in Reuters coverage from August 25, 2025. Strategic acquirers are redirecting portfolios toward functional categories, creating additional tailwinds for UNLOCKD's acquisition strategy.

Looking toward future innovation, UNLOCKD is evaluating alignment initiatives including tokenized-equity frameworks and profit-linked share-buyback programs. Tokenization represents a potential pathway to make ownership more inclusive and dynamic, potentially enabling global retail access, fractional participation, and integration of consumer-based rewards. The company is also exploring cash-flow-driven share-buyback programs that would activate once sustainable positive cash flow is achieved, linking operational performance directly to shareholder alignment.

UNLOCKD has engaged a creative agency to develop its full brand ecosystem, including a new corporate website at https://www.UNLOCKDinc.com, investor pitch deck, and communications platform scheduled to debut in Q4 2025. These initiatives will modernize the company's public presence and support investor engagement as it scales its portfolio of consumer brands.