In Florida overlooking the Intercoastal Waterway..
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ACGX.. $0.0017.. I do believe you are correct because the last time they did a reverse they said all the way to the end that they had no intentions to do so.. He also told me that when the share count was 8.5 Million that he didn't expect the share count to go up much because those converting would hold because the stock was suck a good deal With earnings of $0.12 per share who would sell with the stock trading at less than $0.02..?? I think it's time for more disclosure on their latest company into the fold and an audit..
ACGX.. $0.002.. This is last time they peddled/pumped it.. Wash and Rinse.. Now ACGX owes money to STLK.. BUT why do they owe them money.. Guess...
(Could it be Conv..????)
ACGX Had 8.5 million shares a little over 2 years ago and earned $0.12 per share.. It still diluted when it could of paid off all it's debt.. Now it has a gazillion shares outstanding and it's compaired to other companies that have many times more shares outstanding as a good investment because it has fewer shares outstanding.. ACGX is a printing and packaging company that seems to have a press designed to just print shares....
Dilution is a shareholders worst nightmare.. hank
No one seems to get it.. As long as they own one share of preferred they control the company.. The preferred conversion rate has been changed at will several times during the past 3 years..
If they were to just pay off the debt thru banking facilities and cash flow and convert all preferred shares to common giving insiders still control and then do a reverse of what ever they wanted then the company could prosper.. Why because then the insiders would have to relinquish control if they sold.. No conv. debt is the way to go..As long as management controls thru the preferred the shareholders have no voice.. But now they have set up shareholders for a reverse because they can always say the shareholders wanted that way.. Wash and Rinse all over again... hank
ACGX $0.002.. Best post ever on this board..DD to follow
ACGX.. @$0.10 per share would have a Market Cap Of $160,000,000.00 and below are an example of companies that trade on listed exchanges with market caps lower.. If I were the President of ACGX I would accept less than $0.10 per share..
The Gabelli Healthcare & Wellness Trust
GRX $159.14M United States n/a n/a
GRX Stock Quote GRX Ratings GRX Stock Report
Scudder Strategic Municiple Income Trust
KSM $159.05M United States 1989 n/a
KSM Stock Quote KSM Ratings KSM Stock Report
voxeljet AG
VJET $159.03M n/a 2013 Industrial Machinery/Components
VJET Stock Quote VJET Ratings VJET Stock Report
Xinyuan Real Estate Co Ltd
XIN $158.7M n/a 2007 Homebuilding
XIN Stock Quote XIN Ratings XIN Stock Report
CHC Group Ltd.
HELI $157.17M n/a 2014 Transportation Services
HELI Stock Quote HELI Ratings HELI Stock Report
John Hancock Investors Trust
JHI $156.81M United States n/a n/a
JHI Stock Quote JHI Ratings JHI Stock Report
Millennial Media, Inc.
MM $156.34M n/a 2012 Advertising
MM Stock Quote MM Ratings MM Stock Report
BlackRock Long-Term Municipal Advantage Trust
BTA $155.3M n/a 2006 n/a
BTA Stock Quote BTA Ratings BTA Stock Report
Strategic Global Income Fund, Inc.
SGL $154.83M United States 1992 n/a
SGL Stock Quote SGL Ratings SGL Stock Report
Colonial High Income Municipal Trust
CXE $154.68M United States 1989 n/a
CXE Stock Quote CXE Ratings CXE Stock Report
Manning & Napier, Inc.
MN $154.47M n/a 2011 Investment Managers
MN Stock Quote MN Ratings MN Stock Report
LMP Real Estate Income Fund Inc
RIT $154.45M United States 2002 n/a
RIT Stock Quote RIT Ratings RIT Stock Report
HHGregg, Inc.
HGG $154.18M n/a 2007 Consumer Electronics/Video Chains
HGG Stock Quote HGG Ratings HGG Stock Report
Genie Energy Ltd.
GNE $154.08M n/a 2011 Power Generation
GNE Stock Quote GNE Ratings GNE Stock Report
Enzo Biochem, Inc.
ENZ $153.05M United States n/a Medical Specialities
ENZ Stock Quote ENZ Ratings ENZ Stock Report
Stellus Capital Investment Corporation
SCM $152.09M n/a 2012 n/a
SCM Stock Quote SCM Ratings SCM Stock Report
Lazard Global Total Return and Income Fund
LGI $152.05M n/a 2004 n/a
LGI Stock Quote LGI Ratings LGI Stock Report
Nuveen New York Municipal Value Fund, Inc.
NNY $151.53M United States 1988 n/a
NNY Stock Quote NNY Ratings NNY Stock Report
Blue Capital Reinsurance Holdings Ltd.
BCRH $150.94M n/a 2013 Property-Casualty Insurers
BCRH Stock Quote BCRH Ratings BCRH Stock Report
Western Asset Municipal Partners Fund, Inc.
MNP $150.94M United States 1993 n/a
MNP Stock Quote MNP Ratings MNP Stock Report
L.S. Starrett Company (The)
SCX $150.61M United States n/a Industrial Machinery/Components
ACGX.. $0.002,, I agree with the following..
The-company-themselves-said-around 1.5B more + the 700M-already-existing... 3B A/S is easily possible.
Quote:
"If-all-the remaining preferred-stock owned-by Mr. St. Louis was-converted into restricted common stock in the future it would be equal to 800,000,000 common shares Therefore the Company may need to increase the Authorized Common Stock to above its current 750,000,000 to allow enough room for potential future conversions."
Then-
Quote:
"If every debt holder converted their entire notes over time the company may have to increase their authorized number of shares and may have to issue between 500,000,000 and 750,000,000
additional shares to reduce this debt to zero, based on the current estimated stock price".
Which if the "estimated stock price" was twice as high as the 12/12/14 close at .0016, then it now equals between 1,000,000,000 and 1,500,000,000 additional shares.
Note Payable - Golden State 2004 149,624
Note Payable - Golden State debenture 128,112
Note Payable - Auto Loans 128,634
Note Payable - STLK Notes 207,500
Convertible Notes 455,025 Only sold to Friends
Note Payable - Shareholder 13,915
Total Long Term Liabilities 1,082,810
Just the convertible notes equal hundreds of millions of shares even at face value to the current share price, which they convert at a big discount to the lowest share prices traded within certain lengths of time in the past... That $455K would be 474M shares if converted at .0012 for .00096/share like seen in the conversion rate below. Ready for conversion soon..
Then-
Quote:
"The Convertible Debenture from April 27, 2004 with a balance of $141,812 as of 9/30/12 will reduce the interest rate from 7.75% to 3.75%. The previous interest due will be settled for a lump sum payment of $2,500 – which was paid at the closing and future interest will not begin to accrue or be due for 1 year.
The new agreement is extended until October 15, 2017.
Golden State is entitled to convert up to 9.99% of the common stock at a rate equal to 80% of the average 3 lowest volume weighted prices in the previous 10 days. Depending on the stock price this debenture could add well over 100,000,000 shares to the outstanding or more"
.
So ACGX traded 8M shares at .0011-.0012, lets say .0012, if Golden State converted 9.99% of the O/S at 80% of .0012, that would be just over 70M/shares at .00096 for $68,000 converted... If they converted $141,812 at .00096, that would be nearly 150,000,000 shares.
Just the companies numbers add up to the possibility of a LOT MORE SHARES-
800M +
500M-750M +
"well over" 100M
= 1.4B-1.65B new shares from the companies numbers,
+ the 700M+ already existing shares,
EQUALS 2.1B to nearly 2.4B shares. That's not even counting if the "based on the current estimated stock price" was above the current share price. That could raise the number much closer or over 3 Billion.
YHOO. $50.45 .. Stepped out of the box and bought a few in AH.. They are spinning out BABA Tax free so YHOO is almost free at the price of the two companies.. YHOO Japan is unaffected in this deal.. Hank
ACGX. $0.0018.. Buys another Company..???
I'll be happy to when they show what they paid for it,, what are the revenues and what are the profits..?? Also why is beneficial to the ACGX shareholders investment in their company.. What will it bring to the bottom line and EPS..??That's what most companies that do financial transactions do when they inform their shareholders.. hank
OT.. A nice twist to a dreary day..
http://omeleto.com/206317/
OT.. A nice twist to a dreary day..
http://omeleto.com/206317/
ACGX.. $0.0019..
I can't subscribe to the notion because stocks sell in the pennies or sub pennies that they should be valued different as investments.. True the type of those that trade there are different,, but they are no different than some that trade the IBM's of the world.. They still want make money.. Stocks that dilute take away any edge they may have above similar investments.. Just because a stock dilutes itself W/O any benefit to current shareholders at a lower rate of dilution it makes no sense to say there are other stocks that dilute more and sell at a higher level making it a better investment..
Basing an investment upon the dilution rate is nuts and those that have bought ACGX because there are companies out there W/O earnings or even sales that dilute more is a good way to ruin your stock portfolio value..
ACGX is a nice little company,, about the size of a large Halmark store at a busy mall.. It's a company that prints just like your local UPS store,, which also has a large list of clients of name in any large city.. But ACGX has a problem,, it dilutes it's shareholders interest.. Some for debt but also some for greed.. Recently it's president increased his conversion on his shares by 400 Million shares W/O any benefit to any current shareholder.. They have created new Conv. debt that is bought by only those close to the company..
ACGX has increased it's outstanding shares by 93 times from 8.5 Million to over 700 Million and on top of that are 400 Million shares given to the president on conversion..
Dilution is the worst thing that may happen to a current shareholder,, PERIOD.. Especially when the company could buy all it's debt back by cash flow and banking relationships which they tout as a positive of their company.. Saying they are saving cash for future opp. and disregarding the fact that just 2 years ago,, ACGX had 8.5 Million shares outstanding and earned $0.12 per share proves their plan is flawed.. Flawed for shareholders but not flawed for insiders as they can always issue themselves more shares thru conversion or by the stroke of the pen..
hank
All Investments should be based upon true shrhldrs value PS and EPS.. W/O having a bench mark to invest by what is the rational reason to own any stock..??
GATA.. $0.1628.. Bought a few because no one seemed to understand the last PR.. As to monitoring the board,, I'll do what ever the group wants...
01/23/15 2:25 PM EST Buy 15500 GATA Executed @ $0.1628 Details | Edit
01/23/15 12:40 PM EST Buy 27000 GATA Executed @ $0.17 Details | Edit
I have been in and out of GATA for what seems years and have always made money.. It appears to have a sound financial footing,, products that sell ,, excellent R&D and a pipeline of new products on a regular basis.. It's earnings when measured on a PE have always been spectacular so whats the problem..??
First there is little to no trading between price points of $0.14 and $0.28.. It almost always gaps from one extreme to another with the $0.28 level on occasions sprint thru $0.30.. No one seems to believe the numbers and the presence of a PR Firm that doesn't even read his own company's reports leaves me baffled.. Why doesn't he know if his name is on the report and has he ever spoke to management face to face..??
The numbers have never been trusted but over the years they have never had a problem reporting increased sales and earnings..
Is this company for real.??? I think it has a record and history that says it is but it also has the indifferent and vague PR guy handling it.. It seems neither will change so it's a flip of the coin from here.. But while tossing the coin hopefully it will not be heads they win and tales you loose..
And then there is that shrhldrs equity of $0.54 per share that throws another wrench into the clog.. I still think I sould buy some just to stay interested.. hank
If you want to have a clean board,, that's what you have had,, I put them back but I'm of the opinion that anyone looking at the board that was not familiar with the org. thread would not know what company you were talking about..
Go to the other boards like Savvy and Zip and sometimes you haven't a clue what company they were posting on.. VMC Jr. Energy posts on the other hand not only are they searchable but show the company which is being addressed.. Searchable stocks/symbol for comments is a key feature of I-Hub and any post that is not with a symbol can't be searched.. hank
" I asked you to give one example of an OTC company that has no dilution because I am not aware of one. "
To make it easy I put in a high price per share but there are over 2500..
ADKT ADIRONDACK TRUST SARA SPS OTCQB 1,675.00 0.00 18 Common Stock USA, NY
AFIPA AMFI CORP A OTC Pink No Information 48,000.00 -9.43 2 Common Stock USA, FL
AMEN AMEN PROPERTIES INC OTC Pink Limited 580.00 -2.52 10 Common Stock USA, TX
AMKAF A.P MOELLER-MAERSK A/S A OTC Pink Current 1,954.05 0.72 2 Ordinary Shares Denmark
AOREF AMERICAN OVERSEAS GRP NEW OTC Pink No Information 1,550.00 0.00 11 Ordinary Shares Bermuda
ASCS AMER CRYSTAL SUGAR PFD Grey Market 2,515.00 9.35 267 Preferred Stock USA, MN
ATCD ALTAIR CORP DELA OTC Pink No Information 2,600.00 20.93 1 Common Stock USA, IL
AUDVF AUDI AG DM ORD OTC Pink Current 729.65 -5.79 22 Ordinary Shares Germany
AVOA AVOCA INC OTC Pink No Information 2,800.00 0.00 3 Common Stock USA, LA
BHRB BURKE & HERBERT BK & TR OTCQB 1,965.00 -0.25 5 Common Stock USA, VA
BKUT BANK OF UTICA NY OTCQB 545.00 5.83 1 Common Stock USA, NY
BLLI BELL INDUSTRIES INC OTC Pink No Information 1,500.00 18.98 4 Common Stock USA, IN
BMYMP BRISTOL-MYERS SQUIBB $2PR OTCQB 1,047.65 6.22 2 Preferred Stock USA, NY
BTCA BACTOLAC PHARM INC OTC Pink No Information 120,000.00 20.00 2 Common Stock USA, NY
BVERS BEAVER COAL CO LTD SBI OTC Pink No Information 1,325.00 10.42 1 Fund USA, WV
BWEL BOSWELL (J G) CO OTC Pink No Information 869.96 -1.14 123 Common Stock USA, CA
CAOX CALIF ORCHARD CO OTC Pink No Information 650.00 25.00 28 Common Stock USA, CA
CBSI CENTRAL BNCSHS INC OTCQB 7,974.00 12.31 10 Common Stock USA, TX
CFIN CITZNS FINCL CORP KY OTCQB 2,600.00 8.32 3 Common Stock USA, KY
CHKDJ CHESAPEAKE ENGY 53/4 PFD OTCQB 1,160.00 -4.53 15 Preferred Stock USA, OK
ACGX.. $0.0021.. If that's where you normally trade I agree ACGX looks like a real gem to you,, but since you were unaware of where to find a simple share structure,, have you ever thought what else am I missing here..?? GLTU hank
ACGX.. $0.0018.. From their latest filings.. They are on their IR Page of their own Web Site.. One to watch is the Series G & H preferred.. and any increase in their size.. It appears the H has little time left before they may be converted.. Read who the H Preferred is being sold to..
The number of shares or total amount of the securities outstanding for each class of securities
authorized
As of: September 30, 2014 the Company had the following:
Common Stock Authorized: 750,000,000
Common Stock Outstanding: 707,160,608
Public Float: 606,839,233
Number of Shareholders of Record with TA not on NOBO: 146
Preferred Stock Authorized: 10,000,000 (Includes both Series G and H)
Preferred Stock Outstanding Series G: 4,000,000
Preferred Stock Outstanding Series H: 326,000
ACGX.. $0.0018.. It's not the financials that matter here.. It's the increase in shares from 8.5 Million to well over 700 million in just a little over 2 years.. Shareholders of 2 years plus have had their interests diluted to 0.00003% of their original value.. That's sad but,, legal as long as you let the suckers know.. Read the PR's from 2 1/2 years ago and see really what has changed..
0.000's coming..
hank
GATA.. $0.18.. A Heads Up..???
You really hit the snakes head with your question.. I have been in and out of GATA for what seems years and have always made money.. It appears to have a sound financial footing,, products that sell ,, excellent R&D and a pipeline of new products on a regular basis.. It's earnings when measured on a PE have always been spectacular so whats the problem..??
First there is little to no trading between price points of $0.14 and $0.28.. It almost always gaps from one extreme to another with the $0.28 level on occasions sprint thru $0.30.. No one seems to believe the numbers and the presence of a PR Firm that doesn't even read his own company's reports leaves me baffled.. Why doesn't he know if his name is on the report and has he ever spoke to management face to face..??
The numbers have never been trusted but over the years they have never had a problem reporting increased sales and earnings..
Is this company for real.??? I think it has a record and history that says it is but it also has the indifferent and vague PR guy handling it.. It seems neither will change so it's a flip of the coin from here.. But while tossing the coin hopefully it will not be heads they win and tales you loose..
And then there is that shrhldrs equity of $0.54 per share that throws another wrench into the clog.. I still think I sould buy some just to stay interested.. hank
PAOS.. $0.05.. Yes I was lucky.. There was a pump on the stock on another board which created enough power to let me get out of the whole position with a decent profit.. I have tried on several occasions to reenter but was always top bid.. It started to have closing "paints" so I left it to others and never re-established any position.. May they now rest in peace.. hank
ACGX $0.0022.. Not too big I hope.. Put some funds aside for when the real buying Opp. Comes.. hank
FVRG $0.73.. - Revenue growth in a Q most companies would die to have in a year.
ForeverGreen Revenue/Income Progression
Revenue % Growth Operating Income Net Income
($ Millions) (Q vs. Q) ($ Thousands) ($ Thousands)
1Q2013 2.7 (96) (211)
2Q2013 4.0 48.7% 93 (5)
3Q2013 4.8 19.6% 302 327
4Q2013 6.3 30.6% 84 7
1Q2014 10.5 68.3% 267 181
2Q2014 14.1 34.3% 412 455
3Q2014 15.9 12.8% 317 203
EVTN.. $0.025.. I think it's time to come back aboard.. Stock has thinned out down here and it's just one press release away from $0.10.. I'm a buyer on the bid.. hank
DGPIF.. $0.5072.. Up again since my last6 post.. I'm sorry I haven't gotten back to the board sooner but I think $0.85 to $0.95 is attainable on this move.. GLTA.. hank
ACGX.. $0.0018.. Hopefully that will keep the sellers at bay.. The offer keeps going down as soon as a sale is made.. Why..?? hank
NGHT $0.027.. I went on the bid for a few at $0.0252..hank
ACGX.. $0.0021.. It appears like after any PR Release from ACGX the sellers appear just as like the release has become the cue for selling.. This time might be different but a little more knowledge is needed to do any worthwhile DD..
What are the revenues,, profits,, what was paid for the new company going into ACGX and the most important is how many paying clients do they have..
W/O those facts,, why put up your money to buy more shares on possibly just another PR written to help conversion on shares.. ???
Hank
ACGX.. $0.0023.. EXCEPT ONE,, Selling continues from where..?? Offers are stacking again..
FVRG.. $0.77.. ForeverGreen Worldwide Corporation Issues Guidance
Company anticipates 2015 full year revenue of $90-100 million, 55-70% growth over 2014
Net income of $3.6-5 million expected
PLEASANT GROVE, Utah, Dec. 10, 2014 /PRNewswire/ -- ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, today announced 2015 guidance.
"During 2014, we saw a significant jump in revenue and acceptance of our products worldwide. We needed to raise our guidance several times, and we hit nearly all our corporate goals. Next year, we expect our sales growth trends to continue. Our revenue should be in excess of $90 million. We are continuing to see a positive impact on our business from our investment in IT, logistics, inventory and management. We expect operating and net margins to increase as we benefit from economies of scale, pricing leverage and sales growing faster than fixed expenses. For the full year, we anticipate net margins of 4-6%," said Jack Eldridge, CFO.
Mr. Eldridge continued, "During the current year, we concentrated on driving growth and educating the marketplace about our exciting product line. For 2015, we look to find a balance between further acceleration of sales and maximizing cash flow and profitability. We will continue to keep shareholders updated on our goals and targets for 2015."
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer Azul and FrequenSea(TM), whole-food beverages with industry exclusive marine phytoplankton, the Versativa line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, TRUessence(TM) Essential Oils and Apothecary, 24Karat Chocolate(R) and an entire catalog of meals, snacks, household cleaners and personal care products.
http://www.fgxpress.com
FVRG.. $0.77.. ForeverGreen Worldwide Corporation Ends Year with Triple-Digit Year-Over-Year Growth
Jan 16, 2015 08:15:00 (ET)
ForeverGreen's December 2014 sales increase 150%
PLEASANT GROVE, Utah, Jan. 16, 2015 /PRNewswire/ -- ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced today that December 2014 revenue exceeded December 2013 sales by more than 150%.
"During December 2014, our sales were approximately $5.8 million compared to $2.25 million during December 2013. For the year, we achieved our forecasted targeted revenue of over $56 million. In 2014, we increased our revenue each quarter as we have for the last eight quarters. We established strong sales growth, strong leadership, strong vendor relationships and strong corporate infrastructure during 2014. As a result of ForeverGreen's continued development of new products, expansion into various countries and onboarding of members and leaders, we anticipate 2015 to be another successful year, with revenues escalating to $90-100 million," said Jack Eldridge, CFO.
FVRG.. $0.77.. ForeverGreen Worldwide Announces Q2 2014 Results
2014 Q2 Revenues Grow 253%
Gross Profit Increases 294%
Company Achieves Record Sales and Net Income
OREM, Utah--(BUSINESS WIRE)-- ForeverGreen Worldwide Corporation (OTCBB:FVRG), a leading provider of nutritional foods and other healthy products, today announced Q2 2014 earnings. The quarter ended June 30, 2014.
Recent Company Highlights:
New leaders, distributors and customers added at record pace each month during 2014
Company achieved fifth consecutive quarter of operating profitability and second consecutive quarter of growth in operating and net income
Sales increased each quarter for the last 5 quarters
Company actively shipped product in 174 countries, up from just 150 at end of 2013
Company added new product, SolarStrips, to product portfolio
Company expanded to new corporate headquarters in Pleasant Grove, UT
Company met or exceeded monthly targets necessary to remain on target for the increased company guidance of $41-50 million of revenue during 2014
Highlights for Q2 2014 included:
Sales increased to $14,127,840 from $4,007,611 for Q2 2013, a 253% increase
Gross profit rose to $11,233,332 compared to $2,852,371 during Q2 2013, a 294% increase
Gross profit margins increased to 79.5% versus 71.1% during the comparable quarter during 2013
Operating income was $412,360 compared to $92,653, a 345% increase
Net income totaled $454,856 or $0.02 EPS versus a net loss of $5,383
Operating expenses excluding sales and marketing declined as a percentage of revenue from 31.9% in 2013 to 24% in 2014
Interest expense decreased to $70,407 or 0.05% of sales compared to $92,995 or 2.3% of sales during Q2 2013
ForeverGreen Revenue/Income Progression
Revenue % Growth Operating Income Net Income
($ Millions) (Q vs. Q) ($ Thousands) ($ Thousands)
1Q 2013
2.7 (96) (211)
2Q 2013
4.0 48.7% 93 (5)
3Q 2013
4.8 19.6% 302 327
4Q 2013
6.3 30.6% 84 7
1Q 2014
10.5 68.3% 267 181
2Q 2014
14.1 34.3% 412 455
Highlights for six months, ending June 30, 2014, included:
Sales increased to $24,664,242 versus $6,702,089, a 268% increase
Gross profit rose to $19,210,729 from $4,707,519, a 308% increase
Gross profit margins increased to 77.9% compared to 70.2% for 1H 2013
Operating income increased to $679,361 versus a net loss of $3,039
Net income totaled $635,907 or $0.03 EPS as compared to a net loss of $216,839 during 1H 2013
Interest expense decreased to $145,258 compared to $209,374 during the first six months of 2013
Total assets increased to $5,375,883 from $2,699,519 on December 31, 2013
Total liabilities increased nominally to $6,357,005 from $6,301,037 on December 31, 2013
“Total operating expenses for the quarter, excluding sales and marketing, declined from 31.9% in 2013 to 24.0% in 2014,” said Allen Davis, COO. “Primarily, this was due to an increased awareness of expense management. Cost of goods sold increased to $2.9 million or 20.5% of sales compared to $1.2 million or 28.9% of sales. This was largely a result of optimizing pricing with our key vendors and change in product mix.”
CFO Jack Eldridge added, “We experienced a 253% increase in sales over the corresponding quarter in 2013, solidly within the previously announced guidance of $13-15 million we issued for the quarter. Gross margins, operating margins and net profit margins all continue to improve. We expect our net operating margins and our net profit margins to continue to increase with logistical improvements and economies of scale. We believe during the next 12-18 months our operating margins will improve to 12-15% and our net margins will increase to 7-9% as we continue to benefit from overall efficiencies and lower COGS. Several non-recurring costs will be reduced as we move into the second half of the year. We anticipate solid cash flow each quarter. ForeverGreen currently has enough tangible assets to cover its current liabilities and has improved its financial health substantially over the last year. We have achieved several of our 2014 goals already, including the introduction of a new product, SolarStrips. We remain on track to meet or exceed our previously announced revenue guidance of $41-50 million, anticipating net margins of 4-7%. We will continue to develop ForeverGreen into one of the largest and most diversified global companies in our industry. We look forward to discussing our progress on the conference call Tuesday.”
For a full earnings report, please view our entire filing at www.sec.gov.
FVRG.. $0.77.. ForeverGreen Worldwide Corporation Issues Guidance
Company anticipates 2015 full year revenue of $90-100 million, 55-70% growth over 2014
Net income of $3.6-5 million expected
PLEASANT GROVE, Utah, Dec. 10, 2014 /PRNewswire/ -- ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, today announced 2015 guidance.
"During 2014, we saw a significant jump in revenue and acceptance of our products worldwide. We needed to raise our guidance several times, and we hit nearly all our corporate goals. Next year, we expect our sales growth trends to continue. Our revenue should be in excess of $90 million. We are continuing to see a positive impact on our business from our investment in IT, logistics, inventory and management. We expect operating and net margins to increase as we benefit from economies of scale, pricing leverage and sales growing faster than fixed expenses. For the full year, we anticipate net margins of 4-6%," said Jack Eldridge, CFO.
Mr. Eldridge continued, "During the current year, we concentrated on driving growth and educating the marketplace about our exciting product line. For 2015, we look to find a balance between further acceleration of sales and maximizing cash flow and profitability. We will continue to keep shareholders updated on our goals and targets for 2015."
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer Azul and FrequenSea(TM), whole-food beverages with industry exclusive marine phytoplankton, the Versativa line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, TRUessence(TM) Essential Oils and Apothecary, 24Karat Chocolate(R) and an entire catalog of meals, snacks, household cleaners and personal care products.
http://www.fgxpress.com
FVRG.. $0.77.. ForeverGreen Worldwide Corporation Ends Year with Triple-Digit Year-Over-Year Growth
Jan 16, 2015 08:15:00 (ET)
ForeverGreen's December 2014 sales increase 150%
PLEASANT GROVE, Utah, Jan. 16, 2015 /PRNewswire/ -- ForeverGreen Worldwide Corporation (OTCBB: FVRG), a leading direct marketing company and provider of health-centered products, announced today that December 2014 revenue exceeded December 2013 sales by more than 150%.
"During December 2014, our sales were approximately $5.8 million compared to $2.25 million during December 2013. For the year, we achieved our forecasted targeted revenue of over $56 million. In 2014, we increased our revenue each quarter as we have for the last eight quarters. We established strong sales growth, strong leadership, strong vendor relationships and strong corporate infrastructure during 2014. As a result of ForeverGreen's continued development of new products, expansion into various countries and onboarding of members and leaders, we anticipate 2015 to be another successful year, with revenues escalating to $90-100 million," said Jack Eldridge, CFO.
FVRG.. $0.77.. ForeverGreen Worldwide Announces Q2 2014 Results
2014 Q2 Revenues Grow 253%
Gross Profit Increases 294%
Company Achieves Record Sales and Net Income
OREM, Utah--(BUSINESS WIRE)-- ForeverGreen Worldwide Corporation (OTCBB:FVRG), a leading provider of nutritional foods and other healthy products, today announced Q2 2014 earnings. The quarter ended June 30, 2014.
Recent Company Highlights:
New leaders, distributors and customers added at record pace each month during 2014
Company achieved fifth consecutive quarter of operating profitability and second consecutive quarter of growth in operating and net income
Sales increased each quarter for the last 5 quarters
Company actively shipped product in 174 countries, up from just 150 at end of 2013
Company added new product, SolarStrips, to product portfolio
Company expanded to new corporate headquarters in Pleasant Grove, UT
Company met or exceeded monthly targets necessary to remain on target for the increased company guidance of $41-50 million of revenue during 2014
Highlights for Q2 2014 included:
Sales increased to $14,127,840 from $4,007,611 for Q2 2013, a 253% increase
Gross profit rose to $11,233,332 compared to $2,852,371 during Q2 2013, a 294% increase
Gross profit margins increased to 79.5% versus 71.1% during the comparable quarter during 2013
Operating income was $412,360 compared to $92,653, a 345% increase
Net income totaled $454,856 or $0.02 EPS versus a net loss of $5,383
Operating expenses excluding sales and marketing declined as a percentage of revenue from 31.9% in 2013 to 24% in 2014
Interest expense decreased to $70,407 or 0.05% of sales compared to $92,995 or 2.3% of sales during Q2 2013
ForeverGreen Revenue/Income Progression
Revenue % Growth Operating Income Net Income
($ Millions) (Q vs. Q) ($ Thousands) ($ Thousands)
1Q 2013
2.7 (96) (211)
2Q 2013
4.0 48.7% 93 (5)
3Q 2013
4.8 19.6% 302 327
4Q 2013
6.3 30.6% 84 7
1Q 2014
10.5 68.3% 267 181
2Q 2014
14.1 34.3% 412 455
Highlights for six months, ending June 30, 2014, included:
Sales increased to $24,664,242 versus $6,702,089, a 268% increase
Gross profit rose to $19,210,729 from $4,707,519, a 308% increase
Gross profit margins increased to 77.9% compared to 70.2% for 1H 2013
Operating income increased to $679,361 versus a net loss of $3,039
Net income totaled $635,907 or $0.03 EPS as compared to a net loss of $216,839 during 1H 2013
Interest expense decreased to $145,258 compared to $209,374 during the first six months of 2013
Total assets increased to $5,375,883 from $2,699,519 on December 31, 2013
Total liabilities increased nominally to $6,357,005 from $6,301,037 on December 31, 2013
“Total operating expenses for the quarter, excluding sales and marketing, declined from 31.9% in 2013 to 24.0% in 2014,” said Allen Davis, COO. “Primarily, this was due to an increased awareness of expense management. Cost of goods sold increased to $2.9 million or 20.5% of sales compared to $1.2 million or 28.9% of sales. This was largely a result of optimizing pricing with our key vendors and change in product mix.”
CFO Jack Eldridge added, “We experienced a 253% increase in sales over the corresponding quarter in 2013, solidly within the previously announced guidance of $13-15 million we issued for the quarter. Gross margins, operating margins and net profit margins all continue to improve. We expect our net operating margins and our net profit margins to continue to increase with logistical improvements and economies of scale. We believe during the next 12-18 months our operating margins will improve to 12-15% and our net margins will increase to 7-9% as we continue to benefit from overall efficiencies and lower COGS. Several non-recurring costs will be reduced as we move into the second half of the year. We anticipate solid cash flow each quarter. ForeverGreen currently has enough tangible assets to cover its current liabilities and has improved its financial health substantially over the last year. We have achieved several of our 2014 goals already, including the introduction of a new product, SolarStrips. We remain on track to meet or exceed our previously announced revenue guidance of $41-50 million, anticipating net margins of 4-7%. We will continue to develop ForeverGreen into one of the largest and most diversified global companies in our industry. We look forward to discussing our progress on the conference call Tuesday.”
For a full earnings report, please view our entire filing at www.sec.gov.
ACGX $0.0025.Has over 1.5 Billion shares outstanding fully diluted and there will be more if history has any lesson to be learned.. In the past 2 years all this conversion has done little to reduce the debt to be converted.. ACGX make its latest noise w/o out explain any earnings or the amount paid or even if the company acquired has earnings.. So why is surprising that the stock went down.. After all PR releases by ACGX the stock goes down because of the relentless selling by the converters of debt owed by the company.. hank
SYEV.. $0.135... Looks like the latest stock action got SYEV to put some money aside.. SYEV has a cash wad that I would like to see go for other purposes but the spend $150,000 on a stock repurchase don't seem like a bad idea to put a floor under last Qtrs. earnings.. All Ave down around the $0.14 level if it happens.. SYEV has cash and def. tax assets of $0.0945 per share on the books.. At this level SYEV is selling for only 38% above cash and Equil.. hank
Seychelle Initiates a 1,000,000 Share Buy-Back Program ,,,,,,
Business Wire - Jan 20 09:07 EDT
Alert hits:/sy
Company Symbols: OTC-PINK:SYEV
SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE)-- Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (OTC Bulletin Board: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles made the following announcement today.
We believe that our common shares are currently undervalued. As a result, our Board of Directors has adopted effective January 19, 2015, a common share buy-back program to reduce the number of outstanding shares authorizing our management to enter the market to re-purchase up to 1,000,000 of our common shares at such times and market price or prices as management may deem appropriate. This common share buy-back program will be reviewed by our Board on at least a quarterly basis.
The Stock Broker representing Seychelle in this stock buy-back transaction is Mr. Joey Rocca with Wilson Davis at 801-415-1313.
With Seychelle portable water filtration, consumers can drink, with complete confidence, perfectly filtered water that is great-tasting from a variety of sources – the tap, rivers, streams, ponds or creeks. The regular filter works for water from the tap while the standard and advanced filters are needed for most outdoor uses. The proprietary Seychelle Ionic Adsorption Micron Filtration has been tested extensively by Independent Government Laboratories in the US and throughout the world to strict EPA/ANSI protocols and NSF Standards 42 and 53 by Broward Testing Laboratories.
“Perfectly Filtered Water For a Great Taste and a Healthier Life”
Note to Investors
This press release may contain certain forward-looking information about the Seychelle’s business prospects/projections. These are based upon good-faith current expectations of Seychelle’s management. Seychelle makes no representation or warranty as to the attainability of such assumptions/projections. Investors are expected to conduct their own investigation with regard to Seychelle. Seychelle assumes no obligation to update the information in this press release. For more information, please visit www.seychelle.com or call (949) 234-1999.
Seychelle Environmental Technologies, Inc.
Dick Parsons, 949-234-1999
dickparsons@seychelle.com
Source: Seychelle Environmental Technologies, Inc.
SYEV.. $0.135... Looks like the latest stock action got SYEV to put some money aside.. SYEV has a cash wad that I would like to see go for other purposes but the spend $150,000 on a stock repurchase don't seem like a bad idea to put a floor under last Qtrs. earnings.. All Ave down around the $0.14 level if it happens.. SYEV has cash and def. tax assets of $0.0945 per share on the books.. At this level SYEV is selling for only 38% above cash and Equil.. hank
Seychelle Initiates a 1,000,000 Share Buy-Back Program ,,,,,,
Business Wire - Jan 20 09:07 EDT
Alert hits:/sy
Company Symbols: OTC-PINK:SYEV
SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE)-- Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (OTC Bulletin Board: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles made the following announcement today.
We believe that our common shares are currently undervalued. As a result, our Board of Directors has adopted effective January 19, 2015, a common share buy-back program to reduce the number of outstanding shares authorizing our management to enter the market to re-purchase up to 1,000,000 of our common shares at such times and market price or prices as management may deem appropriate. This common share buy-back program will be reviewed by our Board on at least a quarterly basis.
The Stock Broker representing Seychelle in this stock buy-back transaction is Mr. Joey Rocca with Wilson Davis at 801-415-1313.
With Seychelle portable water filtration, consumers can drink, with complete confidence, perfectly filtered water that is great-tasting from a variety of sources – the tap, rivers, streams, ponds or creeks. The regular filter works for water from the tap while the standard and advanced filters are needed for most outdoor uses. The proprietary Seychelle Ionic Adsorption Micron Filtration has been tested extensively by Independent Government Laboratories in the US and throughout the world to strict EPA/ANSI protocols and NSF Standards 42 and 53 by Broward Testing Laboratories.
“Perfectly Filtered Water For a Great Taste and a Healthier Life”
Note to Investors
This press release may contain certain forward-looking information about the Seychelle’s business prospects/projections. These are based upon good-faith current expectations of Seychelle’s management. Seychelle makes no representation or warranty as to the attainability of such assumptions/projections. Investors are expected to conduct their own investigation with regard to Seychelle. Seychelle assumes no obligation to update the information in this press release. For more information, please visit www.seychelle.com or call (949) 234-1999.
Seychelle Environmental Technologies, Inc.
Dick Parsons, 949-234-1999
dickparsons@seychelle.com
Source: Seychelle Environmental Technologies, Inc.
ACGX.. $0.00215.. I guess the converters can't wait.. They prob. thought there would be more Volume on this PR release.. But in reality with out numbers a release like this one was meaningless.. hank
Good Luck to you and for your sake I hope it runs to $0.10..This is news for sure but just w/o any numbers.. hank
To get to 10 Bags you have to get the converters out of the way.. I seems they are all over the $0.0025 at present.. hank
SYEV.. $0.19..Full 8K.. Explains Loss.. hank
Seychelle Reports Loss for Q3 ended 11-30-14 Vs Prior Year, but excluding lawsuit expenses of $468,000, the Net Income would have been a breakeven of $16,962 for the anticipated Q3 Turnaround
To-date Seychelle has already received over $524,000 in new orders for Q4
SAN JUAN CAPISTRANO, Calif. -- (BUSINESS WIRE) – January 15, 2015 –Seychelle Water Filtration Products, a DBA of Seychelle Environmental Technologies, Inc. (Seychelle) (OTCQB: SYEV), a worldwide leader in the development, assembly and sale of proprietary portable water filtration bottles made several announcements today relating to its most recent fiscal quarter’s end. For the Third Quarter ended November 30, 2014, Revenue was $1,287,814 compared to $1,197,653 in the prior year, an increase of $90,161 (+8%). In addition, Net Loss after taxes of $283,038 was a decrease of $480,453 (-243%) compared to the prior year’s Net Income after taxes of $197,415. The expenses during the period include the amount of $468,000 paid in connection with defending a lawsuit. Without the effect of the lawsuit expenses and offset by $168,000 in income tax benefits, Seychelle would have had net income during the period of $16,962.
In addition, the Company reported that sales revenue for the first nine months of the fiscal year ended November 30, 2014 was $3,162,128 compared to $3,862,657 in the prior year, down 698,329 (-18%). Net Loss after taxes was $688,354 for the same period and was off $1,168,857(-243%) versus prior year Net Income of $480,503.
Dick Parsons, Chief Executive Officer, stated that “Our largest customers had higher sales compared to the prior year, which accounted for the bulk of the increase. As in Q2, we shifted our focus toward building a broader customer base by hiring a national sales manager to develop stronger sales relationships with both our current and potential customers. Management believes this action will positively impact our sales going forward.” Mr. Parsons noted that “To-Date we have received over $524,000 in new orders for US purchases and overseas expansion for shipment during Q4 and anticipate the trend to continue going forward.”
With Seychelle portable water filtration, consumers can drink, with complete confidence, perfectly filtered water that is great-tasting from a variety of sources – the tap, rivers, streams, ponds or creeks. The regular filter works for water from the tap while the standard and advanced filters are needed for most outdoor uses. The proprietary Seychelle Ionic Adsorption Micron Filtration has been tested extensively by Independent Government Laboratories in the US and throughout the world to strict EPA/ANSI protocols and NSF Standards 42 and 53 by Broward Testing Laboratories.
“Perfectly Filtered Water
For a Great Taste and a Healthier Life”
ACGX.. $0.0025.. Sound real good but what did they pay..?? How many shares were involved and what did they get in the way of revenues and PROFITS.. Without know those numbers what do you get other than a PR that says nothing.. Show us the money..
Alliance Creative Group (ACGX) Acquires PeopleVine, a Customer Engagement Enterprise Software Platform, to Expand its Product Development and Marketing Resources Across Every Device to Build Brand Loyalty
http://www.PeopleVine.com/Contest/18
Check out partners and the partners directory for more Info..
Company Symbols: OTC-PINK:ACGX
Enter the Alliance PeopleVine Scratch-Off Contest for FREE to Win up to $1,000
CHICAGO, IL -- (Marketwired) -- 01/15/15 -- Alliance Creative Group, Inc. (http://www.AllianceCreativeGroup.com) (OTC PINK: ACGX) is pleased to announce the acquisition of PeopleVine, a customer engagement enterprise software platform, to expand its product development and marketing resources. PeopleVine helps build brand loyalty through an easy-to-use customer engagement platform that offers 20 different components in one fully integrated platform. www.PeopleVine.com
PeopleVine provides businesses with the tools to sell, reward, engage, automate, socialize and connect to and with customers through fully integrated components ranging from CRM, newsletter, SMS and social media to campaigns, contests and loyalty rewards. With over 300 API methods and 1500 configurable features its fully integrated platform builds a more robust and consistent brand experience.
CEO of Alliance Creative Group, Steve St. Louis, said, "We are very excited about the significant value PeopleVine has to offer and to welcome Jordan and the PeopleVine team to Alliance Creative Group. Our overall goals are to build the ultimate product development resources for our clients and to increase shareholder value for our investors. We believe this acquisition will accomplish both. The Alliance team has helped our clients design, create, package, distribute and market their products for 17 years now but we have been looking for that new, exciting and expandable technology to help our clients increase their customer engagement and foster a greater experience and build brand loyalty."
COO & General Counsel of Alliance Creative Group, Paul Sorkin, said, "We feel the synergies our teams offer will help bring Alliance to the next level. The potential opportunities together are endless and although it takes time to build and offer everything we are capable of, we are confident that these additional team members and new products and services will be a future game changer for Alliance."
President and Founder of PeopleVine, Jordan Gilman, said, "I have leveraged my 20+ years of programming and consulting experience to build a platform (with 10's of millions of lines of code) to solve the challenges businesses face with disconnected consumer experiences. Customer engagement has become a necessity for almost every business today, but the challenge is engaging and adding value without annoying or being over intrusive. The PeopleVine platform and tools allow our clients to customize their consumer's experience to ensure continued brand engagement catered to their specific preferences. By joining the Alliance team I will be able to focus more on developing an even more intuitive and creative platform by relying on a larger experienced team with additional resources and client base to help us grow exponentially during the next few years. The platform is built on our own API with .NET and SQL server on the backend, is scalable by leveraging Microsoft's Azure cloud and leverages HTML5, CSS3, jQuery and AJAX on the front end. At the core PeopleVine is a robust CRM engine that was designed to leverage every interaction and every piece of data to create targeted marketing across multiple TouchPoints."
To experience PeopleVine for yourself click on the link below to enter our FREE scratch off contest and win up to $1,000.00 cash along with many other prizes including free print services, a free month of PeopleVine, and other discounts and giveaways. Enter at www.PeopleVine.com/Contest/18
About PeopleVine
PeopleVine is a customer engagement enterprise software platform that provides businesses with the tools to sell, reward, engage, automate, socialize and connect to and with customers. The PeopleVine platform bridges together common marketing and engagement tools into a single, easy-to-use platform to create a single point of view of interactions with customers across commerce, loyalty, brand engagement and social. www.PeopleVine.com
About Alliance Creative Group, Inc.
Alliance Creative Group is a printing, packaging, supply chain, product development, customer engagement, brand management and marketing company. The Alliance Creative Group utilizes shared resources to create efficiencies between their projects and internal divisions to create quality results and long-term partnerships. The core business areas include creative and design services, printing and packaging, product development, fulfillment, logistics and strategic consulting, customer engagement and marketing. For more information, visit www.AllianceCreativeGroup.com and www.PeopleVine.com
Safe Harbor Statement
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission or the OTC Markets. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Investor Relations and Media Contact
1-847-885-1800 ext 6
info@ACGemail.com
SYEV.. $0.19..
The loss came all from one item.. It's hard to understand from just one line.. It needs more digging.. It appears all items were non cash..
Selling, General, and Administrative Expenses were $995,161 Vrs. $393,278...The following plus a change in Deferred tax were responsible for the loss..
Warrants
The Company has determined the estimated value of warrants granted using the Black-Scholes option pricing model. The amount of the expense charged to operations for warrants was $88,175 and $264,525 for the three and nine month periods ended November 30, 2014, respectively, and $88,490 and $262,690 for the three and nine month periods ended November 30, 2013, respectively. All outstanding warrants are expected to be vested in December 2015.