ForeverGreen Worldwide Corporation (FVRG), a leading direct marketing company and provider of health-centered products, today announced its pre-orders for new product, Prodigy-5, already total more than $1.5M.
Management has also instigated cost cutting measures to reduce overhead and anticipates the November launch of Prodigy-5 will grow revenues.
The Company is also reviewing its entire line of products to determine which may be consolidated or reworked to fit into their exciting global Xpress model.
“We continually manage our systems and logistics centers around the world to support the demand for our products and business opportunity.
We continually challenge ourselves to continue to meet a high standard of quality and customer service and maintain the highest levels of Member satisfaction,” commented COO Rob Ferguson.
The company has experienced an increase in overall sales since the announcement
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ForeverGreen Appoints Dr. Balamurali Ambati To The Scientific Advisory Board
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, today announced Dr. Balamurali Ambati, Ph.D., M.D. will join ForeverGreen’s scientific advisory board.
In 1995, Ambati entered the Guinness Book of World Records as the world’s youngest doctor, at the age of seventeen. He has won numerous awards including the Ludwig von Sallmann Clinician-Scientist Award from the ARVO Foundation in 2014 and the Troutman-Véronneau Prize from the Pan-American Association of Ophthalmology in 2013.
He was also awarded the Fourth IRDS Awards for Medicine for his achievements, awarded by the Lucknow-based Institute for Research and Documentation in Social Sciences (IRDS).
His current areas of expertise are corneal transplants, artificial corneas, LASIK surgery and cataract extraction. Dr. Ambati also donates time to working with the Flying Eye Hospital and has performed surgeries and trained
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ForeverGreen Appoints Rick Redford As Executive Team Leader
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, today announced Rick Redford will join the team as an executive team leader to help drive global sales.
Redford brings over 25 years of successful Direct Selling industry experience, previously working at Unicity International, Genesis Pure and Viz. His extensive experience includes contract manufacturing, sales, marketing and international expansion.
Along with his experience in direct selling, Redford brings his expertise in running several businesses, international sales and public speaking.
“I am delighted to join ForeverGreen at this time, ahead of the Paris event in October. I have had the privilege of serving our members in the past, and I am thrilled to be welcomed home again. I am committed and excited to assist the team in taking the Company to
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ForeverGreen – FgXpress Q2 2016 Revenue Down 32.8% To $10.8 Million
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today financial results for the second quarter ended June 30, 2016.
Second Quarter Financial Highlights
Total revenues decreased 32.8% to $10,798,076 from $16,079,017 during Q2 2015
Sales and Marketing expenses decreased 48.6% to $4,056,821 versus $7,890,203 during the comparable period in 2015
General and administrative expenses decreased 36.3% to $3,387,969 from $5,322,385
Total Operating Expenses decreased 43.7 % to $7,444,790 from $13,212,588 during Q2 2015
Net Operating Income Increased from a loss of $1,173,114 in Q2 2015 to a gain of $338,151
Net Income for the quarter was $189,719 or .01 EPS compared to a loss of $1,446,797 or (.06) EPS during Q2 2015
Second Quarter Highlights
During the second quarter of 2016, the company experienced exciting updates that included:
Continued Cost Cutting. This includes a reduction
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ForeverGreen Reaches Sales In Excess Of 30 Million PowerStrips
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, today announced it has achieved a major milestone and has now sold over 30 million PowerStrips.
“PowerStrips continues to be our number one selling product worldwide. This envelope model product is such an extraordinary product that has the unique ability to reach customers across the globe to over 200 countries and territories,” commented Chief of Sales, Joe Jensen.
PowerStrips are a Class 1 medical device uniquely designed to provide temporary relief of minor aches and pains.
Modern technology, ancient energies and natural elements go into the making of PowerStrips to help provide optimum temporary relief of common ailments. These help to redirect the body’s natural heat and energy onto the areas of the body to which PowerStrips is applied.
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ForeverGreen – FgXpress Q1 Sales Down 32% To $12 Million
by Ted Nuyten • • 0 Comments
Sales drops down from $17.8 Million in Q1 – 2015 to approx. $12 Million in Q1 – 2016.
Advanced efforts have begun and cut over $500K on a monthly basis.
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced the company has continued to make profitability a priority in 2016 with several advances in its business operations, some of which include cost cutting, trimming markets, staff reorganization among other changes to make operations more efficient.
“During the first quarter of 2016, our sales reached approximately $12 million,” said Jack Eldridge, CFO.
Our recent cost cutting measures have cut over $500,000 a month in overheard.
With these efforts, including staff and region reorganization, and anticipating the launch of several new products in the next few weeks, we anticipate second quarter revenues
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ForeverGreen Experiencing 20% Growth In French West Indies
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, recently announced the company has experienced 15%-20% rapid sales growth per month in the French West Indies in 2015 and the start of 2016.
ForeverGreen opened the French West Indies, French Overseas Departments in French Guiana, Martinique and Guadeloupe in 2014.
2015 marked rapid sales growth of 15-20% per month since enrolling its first distributor. 2016 continues that growth trend with month over month growth of 20% in the first two months of 2016.
Referring to the French West Indies, Joe Jensen, President, MEA, India, Oceania and the Caribbean said, “This is an incredibly dynamic growth region for ForeverGreen. Month over month sales continue to grow, new enrollments are at an all-time high in the region and support from a strong
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ForeverGreen 20% Growth In French West Indies
by Ted Nuyten • • 0 Comments
ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, today announced the company has experienced 15%-20% rapid sales growth per month in the French West Indies in 2015 and the start of 2016.
ForeverGreen opened the French West Indies, French Overseas Departments in French Guiana, Martinique and Guadeloupe in 2014. 2015 marked rapid sales growth of 15-20% per month since enrolling its first distributor. 2016 continues that growth trend with month over month growth of 20% in the first two months of 2016.
Referring to the French West Indies, Joe Jensen, President, MEA, India, Oceania and the Caribbean said, “This is an incredibly dynamic growth region for ForeverGreen. Month over month sales continue to grow, new enrollments are at an all-time high in the region and support from a
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ForeverGreen Introduces Ketopia Digestive Enzymes To Product Line
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, today announced the company has introduced a new product to its line, Ketopia Digestive Enzymes, as a part of the Ketopia weight loss system.
Most enzyme supplements fall short of supporting the body’s digestive system and its necessary detoxification process, but ForeverGreen’s Ketopia Digestive Enzymes are designed to help break down foods and maximize key nutrients.
Enzymes help to build new cells and tissues as needed while removing waste as required, especially during weight loss and detoxification. Enzymes are the foundation of energy and life force in all living things. The product was introduced this past weekend at the ForeverGreen February Fly-In event.
The event also consisted of guest speaker Dominic D’Agostino, PhD, who spoke on the advantages of Ketogenic diets. The
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ForeverGreen Recaps 2015 Highlights and 2016 Growth Strategy
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, recently announced key accomplishments made in 2015 and provides an outlook for an aggressive approach to profitability in 2016.
“In 2015, ForeverGreen grew approximately 14%. We did experience several non-recurring costs to solidify our brand that we do not anticipate having in 2016. We will continue our growth in 2016 while focusing efforts to be more efficient and increase profitability,” commented CFO Jack Eldridge.
Business highlights from 2015:
Official pre-launch of new product, Ketopia, in North America, Mexico, Australia and Japan
Global launch of the Farmer’s Market products
Received coveted BSCG (Banned Substance Control Group) anti-doping certification for PowerStrips
Sold its 20 millionth PowerStrip
European growth – expanded and enhanced operations in Europe by fulfilling orders from the European warehouse, improving delivery times and lowering delivery costs as well as introducing new products Fixx and Pulse-8