ForeverGreen Worldwide Corporation (OTCQB: FVRG), a global direct marketing company and provider of health and wellness products, announces the European Registration for the KetonX Weight Loss System. KetonX is quickly becoming one of the top, leading products at ForeverGreen.
Currently available in over 107 countries via ForeverGreen’s global envelope model, KetonX will now ship locally from ForeverGreen’s European warehouse to all European countries.
European registration now allows local distributors and customers to grow their KetonX business via retail sales, adding a new sales channel for distributors that was previously unavailable. Local shipping for KetonX cuts costs and reduces shipping times from 10-14 business days to 3-4 business days. Potential customs delays are eliminated, creating a seamless order fulfilment to customer receipt experience.
KetonX is a drink product that allows the body to begin converting into a state of nutritional ketosis within a matter of hours, not days. Featuring a patented blend of ingredients, KetonX is a safe and simple way to achieve ketosis without the negative side effects of a typical ketogenic diet. KetonX has been available in multiple markets since its initial launch and is now available in over 107 countries.
“Completing our KetonX European registration was a huge step forward for growing
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ForeverGreen Introduces CareWear Wearable Technology
by Ted Nuyten • • 0 Comments
ForeverGreen Worldwide Corporation (OTCQB: FVRG), a global direct marketing company and provider of health and wellness products, recently announced its new wearable technology called CareWear™.
The presale of the device, with continuous monitoring from the health application GoHeart, is a limited time offer with an unprecedented association of use with the company’s nutrition products.
“ForeverGreen is in a unique position where the CareWear device becomes the catalyst for people to monitor and manage their lives with a health dashboard, and see the results from use of ForeverGreen nutrition products,”
said ForeverGreen CEO Rick Redford.
“Global sales for the wearable technology market is expected to exceed $34 billion in 2020, according to CCS Insight.
The strength of our message is that the device is a piece of a much bigger strategy we are calling the, ‘Total Health Experience.’”
CareWear, in combination with daily use of ForeverGreen nutritional products, is what the company is positioning as the Total Health Experience that completes the periphery of nature, science, products, education and technology formulated in research and development of all the company’s product offerings.
CareWear is available in North America, select countries in Latin America, Europe, Caribbean and Israel.
Members who participate in the presale also may opt-into a case study
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ForeverGreen – FGXpress Sees Improvement In Markets
by Ted Nuyten • • 0 Comments
ForeverGreen™ Worldwide Corporation (OTCBB: FVRG), a global direct marketing company and provider of health and wellness products, continues to reduce costs to streamline its operations and ultimately create shareholder value.
Growth strategies identified and executed include improved shipping methods, new developments and product offerings.
“It’s a new day at ForeverGreen,” said CEO Rick Redford.
“As we closed the books on the first six months and filed our quarterly results, ForeverGreen’s business operations are now starting to see improvement in our markets and overall business model.”
ForeverGreen’s global envelope model, called FGXpress, has broadened to include new product offerings packaged together at discounted rates and new product development.
Additionally, an expeditated delivery option with the company’s new shipping method called, Velocity Shipping, has been introduced for expansion to the global market.
This service is currently in select international markets and offers trackable orders, decreasing the number of lost and replacement shipments, and increasing profitability with faster delivery as quickly as two (2) to five (5) business days. (Click here for video explanation)
“The ForeverGreen Executive Team has worked with logistics partners to arrange for faster, trackable service to many of our international markets,”
said COO, Chris Patterson.
“This optional service – we call Velocity – is for our Members
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ForeverGreen – FGXpress CEO Ron Williams Resigns
by Ted Nuyten • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today the appointment of Rick Redford, as the company’s new CEO.
Ron Williams has resigned as the company’s President and CEO, and will remain as a member of the Board of Directors, as well as continue in a consulting role working directly with the leadership in the field.
Ron Williams commented,
“Finding the right person has been a timely and thorough process for the company. Mr. Redford has the right experience and knowledge to do an outstanding job as the Company’s new CEO.
I am looking forward to continue supporting and growing the company by taking a role that really embodies my talents and passion, which is working with our distributors and leaders of the company and to always keep our
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ForeverGreen – FgXpress Substantial Doubt To Continue As A Company
by Ted Nuyten • • 0 Comments
In an in-depth report, Duane Bair, research Analyst of Seeking Alpha, a not-so-friendly website for Network marketing companies, points out that ForeverGreen is running out of capital:
Duane Bair:
Almost half of the company’s members left in 2016 (45.5%), marking the worst year for member retention in recent company history.
With an accumulated deficit of $42.7 million and less than $200,000 of cash on the balance sheet, the company is quickly careening toward complete insolvency.
This year (2017), the company has $1.7 million of debt coming due. Operating cash flow is negative, the balance sheet has $187,000, and the company has been unable to get financing through traditional lenders.
It should not come as a shock that management has finally disclosed that there is substantial doubt regarding their ability to continue as a going concern.
“Through a series of
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ForeverGreen Forecasts 10% Growth For 2017
by Ted Nuyten • • 0 Comments
ForeverGreen Worldwide Corporation (FVRG), a leader in the direct marketing industry and provider of unique health-centered products, announced today that in a series of cost cutting initiatives that began at the end of last year, ForeverGreen has embarked on a restructuring exercise to cut expenses and improve productivity.
The company has lowered its fixed costs by about 30% while revenues remain stable. The company anticipates 10%+ growth during 2017, with improved net margins.
“These were necessary steps as the company focuses on delivering higher levels of earnings growth to investors. To this end we have become much more efficient and believe that we can maintain profitability on a monthly basis moving forward.
We have also moved some key management into positions that better fit their skill sets.
Our growth trends for both revenue and earnings are expected to accelerate. This will be a result of growth
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ForeverGreen Develops Global Delivery System
by Ted Nuyten • • 0 Comments
Previously Limited Products Will now be Available Worldwide.
ForeverGreen Worldwide Corporation (FVRG), a leader in the direct marketing industry and provider of unique health-centered products, announced today that it will begin to transition several existing products into the global Xpress model. FrequenSea, a flag-ship product will be the first product changed to the model, as FrequenSea Pro, which will become available this spring.
The currently bottled formula will be released in a powder format, expanding its customer range globally.
FrequenSea Pro will be an upgraded and improved version from FrequenSea and will be another great product in the revolutionary global Xpress model.
“As a company we have been extremely focused on putting more effort into the research and development of the global Xpress model,” commented ForeverGreen CEO, Ron Williams.
“We could not be more excited about the
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ForeverGreen Appoints New General Counsel And CIO
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today the appointments of Shane Manwaring as General Counsel and Dan Eastman as CIO.
Manwaring most recently served as Vice President of Legal of ForeverGreen. With his years of meticulous and expert work, Manwaring is naturally the best decision to be named as ForeverGreen’s General Counsel. He brings ForeverGreen more than nine years of legal experience on both a domestic and international level, with seven years’ experience in the Direct Selling industry.
Manwaring received his juris doctor from William Mitchell College of Law in St. Paul, Minnesota. He is a licensed attorney in both Idaho and Utah. Manwaring commented, “I am pleased to continue supporting ForeverGreen and its members around the world. The opportunities and challenges that come from the
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ForeverGreen Appoints Chris Patterson As COO
by Ted Nuyten • • 0 Comments
ForeverGreen Worldwide Corporation (FVRG), a leading direct marketing company and provider of health-centered products, announced today the appointment of Chris Patterson as COO.
Patterson brings over 15 years of successful Direct Selling industry experience, previously working in progressive executive positions such as In-House Legal Counsel, Vice President of Strategic Development, General Counsel for three different companies, Chief Operating Officer, and President.
He returns to ForeverGreen after most recently spending four years in the high-tech Aerospace Industry. “I am delighted to rejoin ForeverGreen at this time. Even when I was employed at different companies, I strived to live a ForeverGreen way of life and I cherish my ongoing relationships with ForeverGreen employees and distributors,” commented Patterson.
“We are thrilled with the return of Chris to our team. We missed him during his absence. His expertise
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ForeverGreen Announces New Office In Taiwan
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today the recent ribbon cutting at its new Taiwan office.
This past weekend saw several dignitaries from the MLM Union, and MLM Publications who were all very complimentary of ForeverGreen and impressed with the ForeverGreen vision.
Rick Redford, CSO of ForeverGreen commented, “We believe our new office in Taipei, will support additional growth of up to 6-10 times our current growth. Our GM has been challenged to do more than $1,000,000 a month in Taiwan volume by the end of the next 18 months.”
Ron Williams, ForeverGreen CEO added, “It was exciting to cut the ribbon to our new Taiwan offices. As the Taiwanese business grows it should naturally lend itself to Chinese expansion. Additionally, the Taiwanese meetings were well attended in