InvestorsHub Logo
Post# of 10419
Next 10
Followers 67
Posts 5578
Boards Moderated 0
Alias Born 08/27/2009

Re: $toney post# 10382

Wednesday, 07/04/2012 12:25:00 PM

Wednesday, July 04, 2012 12:25:00 PM

Post# of 10419
Hey Stoney,

Got one for you which I believe is going to go gang busters once the masses find out.

It is a multi-level nutrition company like USANA which I wish I never would have sold but that's another story. lol

ForeverGreen FVRG based in Utah is growing rapidly and has some fantastic products. Looks like they have their act together now with key people and distributors on board.

If this was trading in line with its other peers on the bulletin board we should be way over a buck but I believe this will happen soon.


O/S: 14.9 Million shares
Float: 6 Million

Market Cap is a ridiculous 1.5 million, we should be trading closer to a market cap of closer to 2x sales or $40 million.

Year over year there has been NO dilution per the financials.

Management owns 72% of the O/S as well.


Anyways this is my pick for the longer term as they are projecting $20 million in revs for 2012 and are on track to do it.


Share price 10.5 cents 7/3/2012

-TC

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.