Forevergreen highlights

LINDON, Utah, August 3, 2016 /PRNewswire/ --

ForeverGreen Worldwide Corporation (FVRG), a leading direct marketing company and provider of health-centered products, announced today financial results for the second quarter ended June 30, 2016.

Second Quarter Financial Highlights  

• Total revenues decreased 32.8% to $10,798,076 from $16,079,017 during Q2 2015
• Sales and Marketing expenses decreased 48.6% to  $4,056,821 versus $7,890,203 during the comparable period in 2015
• General and administrative expenses decreased 36.3% to $3,387,969 from $5,322,385
• Total Operating Expenses decreased 43.7 % to $7,444,790 from $13,212,588 during Q2 2015
• Net Operating Income Increased from a loss of $1,173,114 in Q2 2015 to a gain of  $338,151
• Net Income for the quarter was $189,719 or .01 EPS compared to a loss of $1,446,797 or (.06) EPS during Q2 2015

Second Quarter Highlights 

During the second quarter of 2016, the company experienced exciting updates that included:

• Continued Cost Cutting. This includes a reduction in labor force, restructuring of lease agreements and revised pricing of certain products. These cost cutting measures reduced overhead by over $500,000 per month.
• In April, ForeverGreen expanded its exclusive Ketopia line with two new companion products. The Ketopia line was joined by the KetoCream shake. The second companion product announced was KetoBoosters. KetoBoosters provide the user with both BHB and MCT oils.
• In June, our Members in Europe received a ketogenic product called KetoBrü. KetoBrü is a cacao bean drink made with pure cacao.
• In June, the company realized a milestone regarding its number-one selling product, the PowerStrips, with sales in excess of 30 million PowerStrips sold.

Jack Eldridge, CFO, commented, "The company is happy to reach profitability so quickly after beginning several initiatives towards improving profitability and cash flow. Now that the company is more efficient, we can concentrate on delivering increased sales. We will selectively focus on regions that will deliver faster growth. ForeverGreen anticipates a slower third quarter, as is typical in our industry, but the emphasis on our profitability will continue. Fourth quarter should see significant growth which will put the company in a profitable position for the year."

For a full earnings report please view our entire filing at http://www.sec.gov

For more information on ForeverGreen's products, visit stevebaker.fgxpress.com

Another Milestone achieved

FVRG), a leading direct marketing company and provider of health-centered products, today announced it has achieved a major milestone and has now sold over 30 million PowerStrips.

"PowerStrips continues to be our number one selling product worldwide. This envelope model product is such an extraordinary product that has the unique ability to reach customers across the globe to over 200 countries and territories," commented Chief of Sales, Joe Jensen.

PowerStrips are a Class 1 medical device uniquely designed to provide temporary relief of minor aches and pains. Modern technology, ancient energies and natural elements go into the making of PowerStrips to help provide optimum temporary relief of common ailments. These help to redirect the body's natural heat and energy onto the areas of the body to which PowerStrips is applied.

For more information on how the PowerStrips work, visit https://www.youtube.com/watch?v=tSeX3uQokAw for an informational video.

For more information on ForeverGreen's products, visit http://www.forevergreen.org.

ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia, Africa and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer their new North America weight-management line Ketopia, along with Azul and FrequenSea, whole-food beverages with industry exclusive marine phytoplankton, a line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, 24Karat Chocolate.stevebaker.fgxpress.com

I'm still here!!!

So I see many of you are still reading my old posts, well you still can join my team and get the discount on the products available at my website. Also when you join you will receive your own website like mine and start earning and building your team as well. I expect all of you to join and help my team get these awesome products to every household worldwide.
Thanks again for viewing my post and it will be my pleasure to help you grow your team like mine has.
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