Good Morning shakerzzz!FVRG! We have combined efforts with SubbiesReady2Go and LOGI-COOL board to bring this UNDERVALUED Monster to .70! I look for all to be a part of the Action and Flexplosion Friday is NOW ON!! GL Everyone
EXTREMELY UNUNDERVALUED IN CURRENT PRICE RANGE
FVRG: ForeverGreen Worldwide Corp.
SubbiesReady2Go.com has received NO COMPENSATION for this stock alert...
WE WILL BE ON IT THE ENTIRE MONTH OF JUNE.
FVRG Security Details:
Share Structure: Par Value : 0.001
Market Value: $744,607 a/o May 29, 2012 Sharehlders: 154 a/0 May 16, 2011
Shares Outstanding: 14,892,141 a/o May 17, 2012 Authorized: Not Available
Float: Not Available
Recent News: ForeverGreen Reports Significant Quarter over Quarter Growth
OREM, Utah, Feb 29, 2012 (BUSINESS WIRE) -- ForeverGreen Worldwide Corporation (OTCBB: FVRG.OB), www.forevergreen.org, a leading provider of nutritional foods and other healthy products, announced today the company has realized strong distributor growth in three markets, a leading indicator of future growth.
In North America, new distributor growth (4th quarter 2011) increased a whopping 366% versus the 4th quarter of 2010. North America remains the leading market for ForeverGreen's products.
Latin America also jumped significantly, growing 131% during the same period. This region remains an emerging market for the Company and a region Executives believe will one day challenge North America.
Finally, the Australia/New Zealand markets grew 211%. This market has significant growth potential and will be a focal point for the company in 2012.
"Distributor growth is our greatest leading indicator for future success," stated ForeverGreen's CFO Paul Frampton. "These numbers are beyond our best expectations and truly show no signs of slowing down. The obvious statement here is the more distributors we have for the Company's products the more sales we will realize."
Mr. Frampton continued, "Couple a growing sales force with increased training from former Nu Skin Co-Founder Keith Halls, new web sales and marketing tools, and CEO Ron Williams' hands-on approach to growing Japan and it's easy to see why we are excited about our growth potential."
About ForeverGreen
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.
Offerings include Azul and FrequenSea(TM) whole-food beverages with industry exclusive Marine Phytoplankton, Versativa line of hemp-based whole-food products, A.I.M. Transfer Factor immune support, 03World(TM) 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. www.forevergreen.org ForeverGreen Worldwide Corporation Craig Smith, 801-655-5500 craig@forevergreen.org
Opinion:
We feel this stock is extremely undervalued and lacking awareness in the current price range. This is a real company with $3.6M dollars in revenue in Q1 of 2012 alone and growing at a rapid pace. (*see below) The current book value (Market Value: $744,607 a/o May 29, 2012 is way out of line for a company that is on pace to do over $16M in Revenue in 2012. The company has all its filings in order and you will even see some insider buying at the .32 price range in Feb. 12.
In conclusion, we are initiating a Strong Buy on FRVG based on market valuation, Q1 2012 Growth Reported in Recent Filings, Chart Technicals, and just the pure lack of awareness the company has had since its inception.
“FVRG is another of the few companies that should, in our opinion, be an important part of every serious investor’s portfolio. We make the comment because of our prediction that FVRG will grow at an extremely rapid rate during the next 18 months as well as thereafter. We strongly recommend that you seriously consider a holding position for long-term aggressive growth. The company currently trades at ¼ times sales in an industry that typically trades at 2.84 X sales (source: MSN Money). With an average P/E of 20.1 for the S&P and 21.7 for the Food and Packaged Good industry, the stock price could rise considerably.”
From the 10Q on May 21, 2012
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