Monthly Archives: March 2015

ForeverGreen Reports 229% Increase In 2014 Revenues To $58.3 Million

 
ForeverGreen Worldwide Corporation (FVRG), a leading direct marketing company and provider of health-centered products, announced today financial results for the quarter and twelve month period ended December 31, 2014.
Fourth Quarter Financial Highlights

Total revenues increased 184% to $17,796,937, compared to $6,261,517 in the fourth quarter last year.
Gross Profit for the quarter was increased to $14.2 million and Gross Profit Margins increased to 79.6%.
Operating income was $685,341 compared to $83,284 during the quarter in 2014, a 713% increase.
Net income increased to $189,460, or $0.01 EPS, versus $5,788, or $0.00 EPS, in Q42013. The company had a one-time charge of $149,520 for the loss on settlement of claim. Excluding this item, net income was $338,980, or $0.02 per basic and diluted share.
Cash position, including restricted cash increased $291,544 during the quarter to $1,169,971.

Full Year Financial

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Professional Tennis Player Joins Team 4Life

 
4Life executives recently announced professional tennis player Yaroslava Shvedova as the newest Team 4Life member. Team 4Life is a group of internationally renowned athletes who represent 4Life distributors as company brand ambassadors and product advocates.
Yaroslava, who goes by Slava, was born in Moscow, Russia. She began playing tennis at the age of six. Her father, Vyacheslav, is a professional tennis coach and began training Slava at the age of eight. Her mother, Nurziya, was a world champion in the 100 km marathon.
Slava has represented the country of Kazakhstan as an athlete since 2008 and won the Women’s Tennis Association singles title, three International Tennis Federation Women’s Circuit singles titles and six doubles titles, including the 2010 Wimbledon and U.S. Open women’s doubles titles (with King from the United States).
On June 30, 2012,

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LifeVantage Recaps Female Entrepreneur Business Event

 
LifeVantage Corporation (Nasdaq:LFVN), hosted its first ever women’s event in Las Vegas, Nevada. More than 1,300 women attended this sold out event.
The inagural event focused on providing professional training specific to women and featured keynote speakers Noelle Pikus-Pace the celebrated two sport Olympic athlete, wife, mother, and business owner, along with Melanie “Mel” Robbins, the world-renowned television and radio host, CNN contributor, mother, author, life coach and entrepreneur.
In addition to the world-renowned keynote speakers, top-level female independent Distributors and corporate executives from LifeVantage Corporation hosted sessions designed to educate women about the benefits of owning their own business, marketing and selling to men as well as other women, and what it means to be a successful businesswoman with the company.
“This first-ever “empowering women” event exceeded all of my expectations,” said Dave Phelps,

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QNET Founder Shares Entrepreneurial Journey

 
As the founder and Executive Chairman of the QI Group of Companies, Dr. Vijay Eswaran is the head of a multi-business conglomerate that has a presence in a variety of sectors, which includes direct selling, retail, financial services, education and hospitality. Its flagship subsidiary, QNET, which was established by the Malaysian businessman in 1998, is today a global company (with offices in the UAE as well) that has managed to merge traditional methods of sales with the e-commerce model.
“What I envisioned was a new kind of company that would merge the people power of a direct sales force with the global reach of the Internet,” Dr. Eswaran says, as he remembers the origins of his company. “So we merged the tried and tested direct selling business model with the emerging e-commerce

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Visalus Spain’s Alejandro Mateo Merono Achieves 5-Star Ambassador Rank

 
Spain is leading mainland Europe at record speed. Leadership in this country has stepped up to the plate to show the world they mean business. And Alejandro Mateo Merono is at the front lines, having quickly moved from 4-Star to 5-Star Ambassador.

“Today it’s Spain and tomorrow the sky,” says Alejandro. “We’re continuing to expand our mission of transforming lives, and I’m very passionate about helping people become healthier. Now, as a 5-Star Ambassador, I’ll be able to introduce that mission to even more people in more markets.”

Alejandro’s early success stemmed from training by ViSalus Co-Founder and Global Ambassador Nick Sarnicola, Global Ambassador Jason O’Toole, 2-Star Ambassador Steve Mitchell and other Vi Leaders beginning at the Influencer Summit in November 2014. The first 5-Star in mainland Europe, Alejandro is among Spain’s five other Ambassadors. The

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