This sp has been trading south for 6 months now! It's neither funny nor intelligent, considering that if whoever is selling just left it alone with the profit reports that are coming out, it should likely double (and then some) and they would make a whopping profit selling shares at a much higher pps. Someone is clearly manipulating here for some not too pleasant reason. Is there any way to find out who is doing the majority of selling? I suspect the management know clearly who it is, but even if they don't, they make little effort to address the issue. Why don't they buy more shares themselves if the company is doing so great?
I have written to the managers about this problem and have received replies over a month ago - from Craig Smith only I should say for the record - stating how they ''will address the falling share price'', but nothing changes. Ron Williams seems more concerned with the fine details of the recording studios in the new building. Not a peep from him on this issue. Well, the CEO likes to present himself as being cool and laid back, but professional investors aren't buying this, even with 41-50 mil in revenues! Change of approach needed, and fast!
If you are an investor, ring Craig Smith, listed as the contact on their investor info page:
ForeverGreen International
Telephone: (801) 655-5500
Fax: (801) 655-5505
Email: Craig@forevergreen.org
Corporate Website: www.forevergreen.org
