Baltimore, Maryland / December 17, 2013 / ACCESSWIRE / Goldman Small Cap Research, a stock market research firm focused on the small cap and micro cap sectors, announced today that it has released a research report on ForeverGreen Worldwide Corporation (OTCBB – FVRG), a leading provider of nutritional foods and healthy products.
The Company has tens of thousands of distributors in 150 countries and sells its products via a traditional direct marketing approach. According to the Direct Sales Association annual direct selling sales in the U.S. alone were $31.6 billion during 2012, signifying ForeverGreen’s large market opportunity. Sales are driven by the popularity and efficacy of ForeverGreen’s exclusive products, including the popular FrequenSea™ whole-food beverage with industry exclusive Marine Phytoplankton and a new, FDA-listed Class 1 Medical Device PowerStrips offering to treat pain.
In the Goldman Opportunity Research update on the Company, analyst Rob Goldman outlines his investment thesis.
“With a strong stable of unique natural health and wellness products, we believe that fast-growing ForeverGreen Worldwide is poised to emerge as one of the leaders of the multi-billion dollar direct marketing industry. The Company’s products are clearly resonating with its customers as ForeverGreen has recorded $2 million in monthly sales for three consecutive months. On the heels of this performance, management projects 2014 revenue of $30-40 million and EPS of $0.10 - $0.15.”
This press release contains excerpts of our most recently published research report on ForeverGreen Worldwide Corporation. To view the sponsored research report, disclosures and disclaimers, or to download the report and update in their entirety, please visit http://www.goldmanresearch.com/.
About Goldman Small Cap Research: Led by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and micro cap stock research reports, articles, daily stock market blogs, and popular investment newsletters. Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.
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About ForeverGreen Worldwide Corporation (OTCQB - FVRG): ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, New Zealand, Europe, Asia, South America and Africa. Offerings include their new global offering, PowerStrips. Additionally, they offer Azul and FrequenSea™ whole-food beverages with industry exclusive Marine Phytoplankton, Versativa line of hemp-based whole-food products, A.I.M. Transfer Factor immune support, 03World™ weight management products, Pulse-8 powdered L-arginine formula, TRUessence™ Essential Oils and Apothecary, 24Karat Chocolate®, and an entire catalog of meals, snacks, household cleaners and personal care products.
For more information, visit the Company’s website: http://www.forevergreen.org/
Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
[email protected]
Source: Goldman Small Cap Research