Tag Archive for Avidus

Avidus completes merger of Asantae and Truestar

 
Vancouver based Avidus Management Group Inc. (TSX VENTURE: AVD) (OTC PINK: ASNHF) that develops, acquires, and operates direct sales companies, is pleased to announce that the Company has completed the sales and operational merger of Asantae and Truestar. This was the second phase of the plan announced in January that was designed to reduce operating expenses through joint efficiencies and fuel growth by integrating sales leadership and product lines.

CEO and President Douglas Ridley said, “With this merger now completed, we are excited about the opportunity to build on the foundation we laid in 2014 and focus our resources on growth initiatives that include product expansion and further acquisitions. Our goal for the year ahead is to achieve record revenues and profitability.”

In addition, Avidus announces that Camille Transtrum has been appointed as the Company’s new

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