We have launched our Latest Research Report — ForeverGreen Worldwide, Corp. (OTCQB: FVRG), a nutraceutical company that develops, manufactures and distributes an expansive line of all natural whole foods and products including its widely popular new product, Power-Strips.
We’re placing a speculative buy rating on the company and with a low float of less than 7 million shares, we feel strongly it can see some incredible gains with all that is going on at ForeverGreen.
We will officially launch this Report and Initiate Coverage with a nationwide press release tomorrow morning on Wednesday, May 16, 2013, but wanted to give those who follow Stock Market Media Group closely, an early opportunity to read over the report.
Stock Market Media Group heavily weighed the fast growing nutraceuticals market that ForeverGreen calls home, its quickly growing sales numbers in 2013, a focus on higher margin products and the ever-expanding footprint globally that now includes almost 90 countries and has written a comprehensive report to support the Rating.
ForeverGreen reported sales for the month of April 2013 increased 25% over its March 2013 sales, and that increase is on top of March 2013 sales numbers that increased 34% when compared to February 2013 sales figures.
The company’s CEO, Ron Williams, stated recently that he anticipates revenues of $16 to $18-million with a .04 to .07 earnings per share. With Financials due this month, we’ll get an idea of the company’s progress towards those numbers.
Much like our Nuvilex, Inc. (OTCQB: NVLX), INSCOR, Inc. (OTC PINK: IOGA) and Plandaí Biotechnology, Inc. (OTCQB: PLPL) Reports, we find this company to be an under the radar, diamond in the rough with a share structure that should allow for nice price appreciation.
Take some time to read over our ForeverGreen Worldwide Report and give us your thoughts.